National Pension Service buys $26,224,463 stake in Aetna Inc (AET)

Aetna Inc (AET) : National Pension Service scooped up 18,692 additional shares in Aetna Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 239,187 shares of Aetna Inc which is valued at $26,224,463.Aetna Inc makes up approximately 0.21% of National Pension Service’s portfolio.

Other Hedge Funds, Including , Centurylink Investment Management Co sold out all of its stake in AET during the most recent quarter. The investment firm sold 2,458 shares of AET which is valued $275,468. Cutler Group Lp added AET to its portfolio by purchasing 8,152 company shares during the most recent quarter which is valued at $935,116. Aetna Inc makes up approx 0.06% of Cutler Group Lp’s portfolio. Summit Financial Wealth Advisors sold out all of its stake in AET during the most recent quarter. The investment firm sold 2,015 shares of AET which is valued $231,685.Eqis Capital Management boosted its stake in AET in the latest quarter, The investment management firm added 991 additional shares and now holds a total of 10,191 shares of Aetna Inc which is valued at $1,171,761. Aetna Inc makes up approx 0.07% of Eqis Capital Management’s portfolio.

Aetna Inc closed down -0.14 points or -0.13% at $109.64 with 22,94,180 shares getting traded on Friday. Post opening the session at $110.46, the shares hit an intraday low of $109.59 and an intraday high of $111.0552 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

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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