Aetna Inc (AET) : Legacy Private Trust scooped up 2,840 additional shares in Aetna Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 26,660 shares of Aetna Inc which is valued at $3,061,101.Aetna Inc makes up approximately 0.46% of Legacy Private Trust’s portfolio.
Aetna Inc closed down -1.97 points or -1.70% at $113.8 with 24,45,134 shares getting traded on Wednesday. Post opening the session at $115.61, the shares hit an intraday low of $113.29 and an intraday high of $115.71 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Webster Bank N. A. reduced its stake in AET by selling 80 shares or 1.19% in the most recent quarter. The Hedge Fund company now holds 6,623 shares of AET which is valued at $727,272. Aetna Inc makes up approx 0.11% of Webster Bank N. A.’s portfolio. Breton Hill Capital Ltd. added AET to its portfolio by purchasing 8,333 company shares during the most recent quarter which is valued at $915,047. Aetna Inc makes up approx 0.34% of Breton Hill Capital Ltd.’s portfolio.Chevy Chase Trust Holdings boosted its stake in AET in the latest quarter, The investment management firm added 7,512 additional shares and now holds a total of 300,005 shares of Aetna Inc which is valued at $32,478,541. Aetna Inc makes up approx 0.19% of Chevy Chase Trust Holdings’s portfolio.
On the company’s financial health, Aetna Inc reported $1.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on Feb 1, 2016. Analyst had a consensus of $1.22. The company had revenue of $15048.50 million for the quarter, compared to analysts expectations of $14936.18 million. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 EPS.
Many Wall Street Analysts have commented on Aetna Inc. Shares were Reiterated by RBC Capital Mkts on Feb 2, 2016 to “Outperform” and Lowered the Price Target to $ 140 from a previous price target of $142 .Shares were Reiterated by Wedbush on Feb 2, 2016 to “Neutral” and Lowered the Price Target to $ 120 from a previous price target of $130 .
Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional voluntary and consumer-directed health insurance products and related services. The Company’s operations are conducted in three business segments: Health Care Group Insurance and Large Case Pensions. The Company’s Health Care segment includes medical pharmacy benefit management services dental behavioral health and vision plans. The Company’s Group Insurance segment’s products consist primarily of Life Insurance Products Disability Insurance Products and Long-Term Care Insurance Products. The Company’s Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Company’s customers include employer groups individuals college students part-time and hourly workers health plans health care providers Governmental units Government-sponsored plans labor groups and expatriates.