Virtu Financial LLC bought a new stake in Aetna Inc (NYSE:AET) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,250 shares of the company’s stock, valued at approximately $225,000.
Other large investors have also bought and sold shares of the company. Cerebellum GP LLC purchased a new stake in Aetna in the fourth quarter valued at $125,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Aetna in the fourth quarter valued at $180,000. Signature Estate & Investment Advisors LLC purchased a new stake in Aetna in the fourth quarter valued at $182,000. Budros Ruhlin & Roe Inc. purchased a new stake in Aetna in the third quarter valued at $200,000. Finally, Pennsylvania Trust Co purchased a new stake in Aetna in the fourth quarter valued at $200,000. Institutional investors own 87.25% of the company’s stock.
Shares of Aetna Inc (NYSE:AET) opened at $172.06 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $56,858.57, a price-to-earnings ratio of 17.69, a P/E/G ratio of 1.40 and a beta of 0.65. Aetna Inc has a 1-year low of $124.84 and a 1-year high of $194.40.
Aetna (NYSE:AET) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $1.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.07. The firm had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $14.79 billion. Aetna had a return on equity of 21.50% and a net margin of 3.15%. The company’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.08 EPS. research analysts forecast that Aetna Inc will post 11.06 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Shareholders of record on Thursday, April 12th will be issued a dividend of $0.50 per share. The ex-dividend date is Wednesday, April 11th. This represents a $2.00 annualized dividend and a yield of 1.16%. Aetna’s dividend payout ratio (DPR) is 34.78%.
A number of research firms have commented on AET. ValuEngine upgraded Aetna from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Jefferies Group restated a “hold” rating and issued a $205.00 target price on shares of Aetna in a research report on Wednesday, January 31st. Credit Suisse Group lifted their target price on Aetna from $200.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Citigroup downgraded Aetna from a “buy” rating to a “neutral” rating and lifted their target price for the company from $187.89 to $212.00 in a research report on Wednesday, January 31st. Finally, Cowen restated a “buy” rating and issued a $212.00 target price on shares of Aetna in a research report on Tuesday, January 30th. Nine analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Aetna currently has a consensus rating of “Buy” and an average price target of $189.50.
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Aetna Inc is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. It offers a range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services, Medicare Advantage and Medicare Supplement plans, workers’ compensation administrative services and health information technology (HIT) products and services.
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