Greenleaf Trust raised its position in Aetna Inc (NYSE:AET) by 31.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,802 shares of the company’s stock after buying an additional 669 shares during the quarter. Greenleaf Trust’s holdings in Aetna were worth $514,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bessemer Group Inc. raised its stake in shares of Aetna by 4.2% during the 2nd quarter. Bessemer Group Inc. now owns 7,854 shares of the company’s stock valued at $1,441,000 after purchasing an additional 315 shares during the period. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Aetna by 1.4% during the 2nd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 23,062 shares of the company’s stock valued at $4,231,000 after purchasing an additional 319 shares during the period. Harvest Fund Management Co. Ltd raised its stake in shares of Aetna by 34.1% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 1,341 shares of the company’s stock valued at $246,000 after purchasing an additional 341 shares during the period. Johnson Financial Group Inc. raised its stake in shares of Aetna by 3.1% during the 1st quarter. Johnson Financial Group Inc. now owns 11,572 shares of the company’s stock valued at $1,956,000 after purchasing an additional 353 shares during the period. Finally, Canandaigua National Bank & Trust Co. raised its stake in shares of Aetna by 3.7% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 10,334 shares of the company’s stock valued at $1,896,000 after purchasing an additional 368 shares during the period. Hedge funds and other institutional investors own 84.98% of the company’s stock.

Aetna stock opened at $198.86 on Friday. Aetna Inc has a 52 week low of $149.69 and a 52 week high of $199.32. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market cap of $63.69 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 1.67 and a beta of 0.67.

Aetna (NYSE:AET) last posted its earnings results on Thursday, August 2nd. The company reported $3.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.04 by $0.39. Aetna had a return on equity of 20.66% and a net margin of 5.77%. The business had revenue of $15.56 billion during the quarter, compared to analysts’ expectations of $15.59 billion. During the same period in the previous year, the business earned $3.42 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. equities research analysts predict that Aetna Inc will post 11.27 earnings per share for the current fiscal year.

A number of research firms recently issued reports on AET. ValuEngine upgraded Aetna from a “hold” rating to a “buy” rating in a research note on Tuesday, June 26th. Zacks Investment Research lowered Aetna from a “hold” rating to a “sell” rating in a research note on Tuesday, July 24th. Cantor Fitzgerald reiterated a “buy” rating and set a $202.00 price objective on shares of Aetna in a research note on Thursday, August 2nd. Finally, Credit Suisse Group decreased their price objective on Aetna from $208.00 to $194.00 and set a “neutral” rating on the stock in a research note on Monday, May 14th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Aetna currently has a consensus rating of “Buy” and an average price target of $200.38.

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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