Aetna Inc. (NYSE:AET) EVP Margaret M. Mccarthy sold 10,288 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $162.85, for a total transaction of $1,675,400.80. Following the transaction, the executive vice president now owns 33,563 shares in the company, valued at $5,465,734.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Aetna Inc. (AET) opened at 156.04 on Wednesday. The firm’s 50-day moving average is $157.50 and its 200-day moving average is $145.70. The firm has a market cap of $51.82 billion, a price-to-earnings ratio of 34.64 and a beta of 0.53. Aetna Inc. has a 52-week low of $104.59 and a 52-week high of $164.52.

Aetna (NYSE:AET) last posted its earnings results on Thursday, August 3rd. The company reported $3.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $1.08. The company had revenue of $15.52 billion during the quarter, compared to analysts’ expectations of $15.34 billion. Aetna had a net margin of 2.52% and a return on equity of 20.52%. Aetna’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.21 EPS. Analysts forecast that Aetna Inc. will post $9.55 EPS for the current fiscal year.

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Several equities analysts have recently commented on the stock. Deutsche Bank AG boosted their price target on shares of Aetna from $144.00 to $157.00 and gave the company a “hold” rating in a report on Thursday, July 13th. Credit Suisse Group restated an “outperform” rating and set a $165.00 price target (up from $160.00) on shares of Aetna in a report on Thursday, July 13th. Jefferies Group LLC restated a “hold” rating and set a $163.00 price target (up from $157.00) on shares of Aetna in a report on Friday, August 4th. Cowen and Company set a $170.00 price target on shares of Aetna and gave the company a “buy” rating in a report on Saturday, May 27th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $175.00 price target (up from $150.00) on shares of Aetna in a report on Wednesday, August 9th. Seven research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $159.04.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bruderman Asset Management LLC acquired a new stake in shares of Aetna during the 2nd quarter worth about $106,000. Liberty Capital Management Inc. lifted its stake in shares of Aetna by 206.9% during the 2nd quarter. Liberty Capital Management Inc. now owns 933 shares of the company’s stock worth $144,000 after buying an additional 629 shares during the last quarter. Guardian Life Insurance Co. of America lifted its stake in shares of Aetna by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,353 shares of the company’s stock worth $173,000 after buying an additional 9 shares during the last quarter. Westside Investment Management Inc. lifted its stake in shares of Aetna by 53.5% during the 2nd quarter. Westside Investment Management Inc. now owns 1,148 shares of the company’s stock worth $177,000 after buying an additional 400 shares during the last quarter. Finally, Phocas Financial Corp. acquired a new stake in shares of Aetna during the 2nd quarter worth about $182,000. Institutional investors own 89.52% of the company’s stock.

Aetna Company Profile

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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