Lyrical Asset Management LP Has Decreased Its Aetna INC (AET) Position by $68.27 Million

April 24, 2018 - By Kenneth Lin

Aetna Inc. (NYSE:AET) LogoInvestors sentiment decreased to 0.83 in 2017 Q4. Its down 0.08, from 0.91 in 2017Q3. It fall, as 69 investors sold AET shares while 345 reduced holdings. 147 funds opened positions while 198 raised stakes. 275.71 million shares or 1.91% less from 281.08 million shares in 2017Q3 were reported. 26,048 were accumulated by Scotia Capital Inc. Frontier Management Com has invested 0.03% in Aetna Inc. (NYSE:AET). Farmers Commercial Bank owns 0.35% invested in Aetna Inc. (NYSE:AET) for 1,200 shares. Halsey Ct holds 0.08% of its portfolio in Aetna Inc. (NYSE:AET) for 2,550 shares. Davis R M invested in 0.01% or 1,210 shares. Us Savings Bank De invested 0.04% in Aetna Inc. (NYSE:AET). Carret Asset Mngmt Ltd Liability Co has invested 0.08% in Aetna Inc. (NYSE:AET). California-based Dowling & Yahnke Llc has invested 0.1% in Aetna Inc. (NYSE:AET). First National Trust stated it has 0.03% in Aetna Inc. (NYSE:AET). Stifel invested in 0.09% or 153,692 shares. Pentwater Mgmt Ltd Partnership invested in 4.88M shares. Ascend Capital Ltd Liability Corporation has 1.53% invested in Aetna Inc. (NYSE:AET) for 226,448 shares. Public Employees Retirement Of Ohio holds 0.22% of its portfolio in Aetna Inc. (NYSE:AET) for 245,341 shares. Horizon Invest invested in 0.09% or 1,214 shares. Horseman Mgmt reported 0.27% in Aetna Inc. (NYSE:AET).

Lyrical Asset Management Lp decreased its stake in Aetna Inc. (AET) by 17.08% based on its latest 2017Q4 regulatory filing with the SEC. Lyrical Asset Management Lp sold 379,292 shares as the company’s stock declined 6.45% with the market. The institutional investor held 1.84M shares of the medical specialities company at the end of 2017Q4, valued at $332.23 million, down from 2.22 million at the end of the previous reported quarter. Lyrical Asset Management Lp who had been investing in Aetna Inc. for a number of months, seems to be less bullish one the $57.94B market cap company. The stock increased 0.10% or $0.18 during the last trading session, reaching $177.1. About 2.28 million shares traded. Aetna Inc. (NYSE:AET) has risen 33.34% since April 24, 2017 and is uptrending. It has outperformed by 21.79% the S&P500.

Lyrical Asset Management Lp, which manages about $1.58 billion and $8.18 billion US Long portfolio, upped its stake in National Oilwell Varco Inc. (NYSE:NOV) by 261,103 shares to 4.69M shares, valued at $168.83M in 2017Q4, according to the filing. It also increased its holding in Hertz Global Holdings Inc. by 285,372 shares in the quarter, for a total of 3.34M shares, and has risen its stake in Whirlpool Corporation (NYSE:WHR).

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 14.76 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.

Aetna Inc. (NYSE:AET) Ratings Coverage

Among 14 analysts covering Aetna (NYSE:AET), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Aetna had 21 analyst reports since October 27, 2017 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $197 target in Thursday, November 2 report. The stock of Aetna Inc. (NYSE:AET) earned “Overweight” rating by PiperJaffray on Wednesday, January 3. Jefferies maintained it with “Hold” rating and $205.0 target in Tuesday, January 30 report. The firm has “Buy” rating given on Monday, January 22 by Deutsche Bank. The firm has “Neutral” rating given on Friday, October 27 by Cantor Fitzgerald. The firm has “Hold” rating by Credit Suisse given on Friday, November 3. The stock of Aetna Inc. (NYSE:AET) has “Equal-Weight” rating given on Wednesday, December 20 by Morgan Stanley. Credit Suisse maintained the shares of AET in report on Wednesday, January 31 with “Hold” rating. The stock of Aetna Inc. (NYSE:AET) earned “Hold” rating by Jefferies on Friday, January 12. The firm earned “Buy” rating on Tuesday, January 30 by Piper Jaffray.

Aetna Inc. (NYSE:AET) Ratings Chart

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