Institutional Investors Hate on Aetna Inc Dropped

April 25, 2018 - By Kenneth Lin

Aetna Inc. (NYSE:AET) Logo

Sentiment for Aetna Inc (NYSE:AET)

Aetna Inc (NYSE:AET) institutional sentiment decreased to 0.83 in 2017 Q4. Its down -0.08, from 0.91 in 2017Q3. The ratio dived, as 345 active investment managers started new and increased equity positions, while 414 sold and decreased their equity positions in Aetna Inc. The active investment managers in our partner’s database now possess: 275.71 million shares, down from 281.08 million shares in 2017Q3. Also, the number of active investment managers holding Aetna Inc in their top 10 equity positions increased from 19 to 41 for an increase of 22. Sold All: 69 Reduced: 345 Increased: 198 New Position: 147.

Aetna Inc. operates as a health care benefits firm in the United States. The company has market cap of $58.43 billion. It operates through three divisions: Health Care, Group Insurance, and Large Case Pensions. It has a 31.45 P/E ratio. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis.

The stock increased 0.80% or $1.41 during the last trading session, reaching $178.61. About 791,250 shares traded. Aetna Inc. (NYSE:AET) has risen 33.34% since April 25, 2017 and is uptrending. It has outperformed by 21.79% the S&P500.

Analysts await Aetna Inc. (NYSE:AET) to report earnings on May, 1 before the open. They expect $3.00 EPS, up 10.70 % or $0.29 from last year’s $2.71 per share. AET’s profit will be $981.41M for 14.88 P/E if the $3.00 EPS becomes a reality. After $1.25 actual EPS reported by Aetna Inc. for the previous quarter, Wall Street now forecasts 140.00 % EPS growth.

Twin Securities Inc. holds 12.17% of its portfolio in Aetna Inc. for 458,805 shares. Fny Managed Accounts Llc owns 63,500 shares or 10.51% of their US portfolio. Moreover, Michael & Susan Dell Foundation has 10.37% invested in the company for 86,296 shares. The California-based Farallon Capital Management Llc has invested 7.64% in the stock. Harvest Management Llc, a New York-based fund reported 62,000 shares.

Aetna Inc. (NYSE:AET) Ratings Coverage

Ratings analysis reveals 50% of Aetna’s analysts are positive. Out of 14 Wall Street analysts rating Aetna, 7 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $174.0 while the high is $212.0. The stock’s average target of $197.08 is 10.34% above today’s ($178.61) share price. AET was included in 21 notes of analysts from October 27, 2017. The rating was downgraded by Citigroup on Wednesday, January 31 to “Hold”. On Friday, November 3 the stock rating was initiated by Credit Suisse with “Hold”. The firm has “Buy” rating given on Tuesday, January 30 by Cowen & Co. The firm earned “Hold” rating on Wednesday, December 6 by Argus Research. On Friday, January 12 the stock rating was maintained by Jefferies with “Hold”. The stock has “Buy” rating by Wells Fargo on Monday, December 18. Credit Suisse maintained the shares of AET in report on Wednesday, January 31 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Thursday, April 12. The firm has “Outperform” rating by Raymond James given on Friday, November 3. The firm has “Buy” rating given on Monday, January 22 by Deutsche Bank.

Aetna Inc. (NYSE:AET) Ratings Chart

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