Capital One National Association boosted its holdings in shares of Aetna Inc (NYSE:AET) by 18.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,656 shares of the company’s stock after buying an additional 419 shares during the period. Capital One National Association’s holdings in Aetna were worth $480,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BlueCrest Capital Management Ltd purchased a new stake in shares of Aetna in the 2nd quarter valued at approximately $425,000. Advisory Services Network LLC increased its position in shares of Aetna by 16.2% in the 2nd quarter. Advisory Services Network LLC now owns 1,780 shares of the company’s stock valued at $270,000 after purchasing an additional 248 shares during the last quarter. Phocas Financial Corp. purchased a new stake in shares of Aetna in the 2nd quarter valued at approximately $182,000. Achmea Investment Management B.V. increased its position in shares of Aetna by 5.3% in the 2nd quarter. Achmea Investment Management B.V. now owns 33,669 shares of the company’s stock valued at $5,110,000 after purchasing an additional 1,705 shares during the last quarter. Finally, Davidson Kempner Capital Management LP purchased a new stake in shares of Aetna in the 2nd quarter valued at approximately $7,592,000. Institutional investors own 87.10% of the company’s stock.

Aetna Inc (AET) opened at $176.77 on Thursday. Aetna Inc has a 52-week low of $124.83 and a 52-week high of $194.40. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.53 and a current ratio of 1.68. The stock has a market cap of $58,365.78, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 1.45 and a beta of 0.60.

Aetna (NYSE:AET) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.07. Aetna had a net margin of 3.15% and a return on equity of 21.50%. The company had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $14.79 billion. During the same period last year, the firm posted $0.08 EPS. Aetna’s revenue for the quarter was down 6.2% on a year-over-year basis. equities analysts anticipate that Aetna Inc will post 10.99 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Thursday, January 11th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Wednesday, January 10th. Aetna’s payout ratio is currently 34.78%.

AET has been the topic of a number of recent analyst reports. BMO Capital Markets increased their target price on shares of Aetna from $175.00 to $200.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Morgan Stanley downgraded shares of Aetna from an “overweight” rating to an “equal weight” rating and set a $179.00 target price on the stock. in a research report on Wednesday, December 20th. Cantor Fitzgerald downgraded shares of Aetna from an “overweight” rating to a “neutral” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of Aetna from a “hold” rating to a “strong-buy” rating and set a $184.00 target price on the stock in a research report on Wednesday, October 25th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $195.00 target price (up from $174.00) on shares of Aetna in a research report on Wednesday, December 6th. Ten equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $185.94.

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Aetna 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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Institutional Ownership by Quarter for Aetna (NYSE:AET)

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