Aetna INC (AET) Shareholder Focused Investors LLC Lowered Stake

April 17, 2018 - By Hazel Jackson

Aetna Inc. (NYSE:AET) LogoInvestors sentiment decreased to 0.83 in Q4 2017. Its down 0.08, from 0.91 in 2017Q3. It turned negative, 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. Glenview Cap Mngmt Ltd Company holds 2.8% or 2.87M shares. First reported 0.03% stake. Bancorporation Of Montreal Can reported 462,914 shares. Private Ocean Limited Liability Corp, a California-based fund reported 71 shares. Arrowgrass Capital Prtnrs (Us) Lp owns 949,450 shares. Pension Serv, a Korea-based fund reported 297,019 shares. Lombard Odier Asset (Europe) Ltd holds 0.04% or 3,689 shares in its portfolio. Coastline Tru reported 0.03% in Aetna Inc. (NYSE:AET). York Cap Glob Advsrs Ltd Liability Corp has 4.53% invested in Aetna Inc. (NYSE:AET) for 1.04 million shares. 540,858 were accumulated by Asset One Ltd. Lingohr Partner Asset Mngmt Gmbh holds 1.01% of its portfolio in Aetna Inc. (NYSE:AET) for 10,600 shares. Park Avenue Ltd accumulated 1,898 shares or 0.09% of the stock. Mai Mngmt has invested 0.02% in Aetna Inc. (NYSE:AET). Oppenheimer Incorporated holds 0.03% or 6,984 shares in its portfolio. Ci Invs Inc invested 0.84% in Aetna Inc. (NYSE:AET).

Focused Investors Llc decreased its stake in Aetna Inc. (AET) by 38.61% based on its latest 2017Q4 regulatory filing with the SEC. Focused Investors Llc sold 261,000 shares as the company’s stock declined 6.45% with the market. The institutional investor held 415,000 shares of the medical specialities company at the end of 2017Q4, valued at $74.86M, down from 676,000 at the end of the previous reported quarter. Focused Investors Llc who had been investing in Aetna Inc. for a number of months, seems to be less bullish one the $58.01B market cap company. The stock increased 0.82% or $1.44 during the last trading session, reaching $177.33. About 1.53 million shares traded. Aetna Inc. (NYSE:AET) has risen 33.34% since April 17, 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. They expect $3.01 earnings per share, up 11.07 % or $0.30 from last year’s $2.71 per share. AET’s profit will be $984.68 million for 14.73 P/E if the $3.01 EPS becomes a reality. After $1.25 actual earnings per share reported by Aetna Inc. for the previous quarter, Wall Street now forecasts 140.80 % EPS growth.

Aetna Inc. (NYSE:AET) Ratings Coverage

Among 14 analysts covering Aetna Inc (NYSE:AET), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Aetna Inc had 24 analyst reports since October 23, 2017 according to SRatingsIntel. On Wednesday, January 31 the stock rating was maintained by Credit Suisse with “Hold”. The firm has “Hold” rating given on Tuesday, January 30 by Jefferies. The company was upgraded on Friday, November 3 by Raymond James. The rating was maintained by Piper Jaffray on Tuesday, January 30 with “Buy”. The stock has “Hold” rating by Cantor Fitzgerald on Tuesday, January 30. As per Friday, October 27, the company rating was downgraded by Cantor Fitzgerald. The stock of Aetna Inc. (NYSE:AET) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, December 20. Jefferies maintained it with “Hold” rating and $185 target in Wednesday, November 1 report. The firm has “Buy” rating given on Tuesday, January 30 by Cowen & Co. The stock of Aetna Inc. (NYSE:AET) has “Hold” rating given on Friday, January 12 by Jefferies.

Aetna Inc. (NYSE:AET) Ratings Chart

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