Atlantic Trust Group buys $139,160,029 stake in Aetna Inc (AET)

Aetna Inc (AET) : Atlantic Trust Group scooped up 9,037 additional shares in Aetna Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 1,163,740 shares of Aetna Inc which is valued at $139,160,029.Aetna Inc makes up approximately 0.98% of Atlantic Trust Group’s portfolio.

Other Hedge Funds, Including , Johnson Investment Counsel Inc reduced its stake in AET by selling 100 shares or 2.79% in the most recent quarter. The Hedge Fund company now holds 3,490 shares of AET which is valued at $417,334. Aetna Inc makes up approx 0.01% of Johnson Investment Counsel Inc’s portfolio.Assetmark Inc boosted its stake in AET in the latest quarter, The investment management firm added 1,525 additional shares and now holds a total of 2,541 shares of Aetna Inc which is valued at $302,862.Lsv Asset Management reduced its stake in AET by selling 153,000 shares or 4.12% in the most recent quarter. The Hedge Fund company now holds 3,559,137 shares of AET which is valued at $424,569,453. Aetna Inc makes up approx 0.83% of Lsv Asset Management’s portfolio.Lingohr Partner Asset Management Gmbh reduced its stake in AET by selling 4,600 shares or 48.22% in the most recent quarter. The Hedge Fund company now holds 4,940 shares of AET which is valued at $595,072. Aetna Inc makes up approx 0.57% of Lingohr Partner Asset Management Gmbh’s portfolio.Regentatlantic Capital reduced its stake in AET by selling 1,527 shares or 1.26% in the most recent quarter. The Hedge Fund company now holds 119,760 shares of AET which is valued at $13,950,842. Aetna Inc makes up approx 1.31% of Regentatlantic Capital’s portfolio.

Aetna Inc closed down -0.38 points or -0.32% at $119.77 with 8,65,467 shares getting traded on Tuesday. Post opening the session at $120.31, the shares hit an intraday low of $119.58 and an intraday high of $120.77 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Aetna Inc reported $2.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $2.12. The company had revenue of $15952.30 million for the quarter, compared to analysts expectations of $15762.79 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 EPS.

Many Wall Street Analysts have commented on Aetna Inc. Aetna Inc was Initiated by Bernstein to “Outperform” on Jun 16, 2016.

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.

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