Cpwm LLC bought a new stake in Aetna Inc (NYSE:AET) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,151 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AET. FMR LLC increased its stake in shares of Aetna by 17.2% in the 3rd quarter. FMR LLC now owns 9,063,094 shares of the company’s stock valued at $1,838,448,000 after buying an additional 1,328,607 shares during the period. PointState Capital LP grew its stake in shares of Aetna by 111.2% during the second quarter. PointState Capital LP now owns 2,193,062 shares of the company’s stock worth $402,427,000 after purchasing an additional 1,154,818 shares during the period. Diamond Hill Capital Management Inc. grew its stake in shares of Aetna by 21.3% during the third quarter. Diamond Hill Capital Management Inc. now owns 2,070,573 shares of the company’s stock worth $420,016,000 after purchasing an additional 364,121 shares during the period. Natixis grew its stake in shares of Aetna by 41.3% during the second quarter. Natixis now owns 1,235,009 shares of the company’s stock worth $226,023,000 after purchasing an additional 361,170 shares during the period. Finally, Naya Capital Management UK Ltd. acquired a new stake in shares of Aetna during the second quarter worth $61,616,000. 82.34% of the stock is owned by institutional investors.

AET stock opened at $212.70 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market cap of $69.64 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 1.82 and a beta of 0.71. Aetna Inc has a 1-year low of $166.88 and a 1-year high of $213.36.

Aetna (NYSE:AET) last posted its earnings results on Tuesday, October 30th. The company reported $2.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.83 by $0.13. The firm had revenue of $15.48 billion for the quarter, compared to analyst estimates of $15.40 billion. Aetna had a return on equity of 20.78% and a net margin of 5.99%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.45 earnings per share. Analysts predict that Aetna Inc will post 11.38 earnings per share for the current year.

A number of equities research analysts recently commented on AET shares. Zacks Investment Research reaffirmed a “buy” rating and set a $224.00 price objective on shares of Aetna in a research note on Monday, November 12th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $204.00 price objective on shares of Aetna in a research note on Tuesday, October 30th. Citigroup lifted their price objective on Aetna from $202.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 31st. Credit Suisse Group decreased their price objective on Aetna from $207.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, October 31st. Finally, Piper Jaffray Companies cut Aetna from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $212.00 to $206.00 in a research note on Tuesday, October 30th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $207.33.

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Aetna Company Profile

Aetna Inc operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis.

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Institutional Ownership by Quarter for Aetna (NYSE:AET)

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