Public Employees Retirement Association of Colorado grew its stake in Aetna Inc (NYSE:AET) by 3.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 62,528 shares of the company’s stock after buying an additional 1,860 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Aetna were worth $11,279,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AET. Janus Henderson Group PLC lifted its stake in Aetna by 1.8% during the third quarter. Janus Henderson Group PLC now owns 4,407,172 shares of the company’s stock worth $700,784,000 after purchasing an additional 78,272 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in Aetna by 5.9% during the third quarter. Neuberger Berman Group LLC now owns 1,487,570 shares of the company’s stock worth $236,538,000 after purchasing an additional 82,540 shares during the last quarter. Orbimed Advisors LLC lifted its stake in Aetna by 57.3% during the third quarter. Orbimed Advisors LLC now owns 1,396,500 shares of the company’s stock worth $222,057,000 after purchasing an additional 508,600 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Aetna by 4.2% during the third quarter. Wells Fargo & Company MN now owns 1,365,596 shares of the company’s stock worth $217,144,000 after purchasing an additional 54,928 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in Aetna by 2.6% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,235,475 shares of the company’s stock worth $222,868,000 after purchasing an additional 30,799 shares during the last quarter. Institutional investors and hedge funds own 87.41% of the company’s stock.

Several equities research analysts recently weighed in on the company. Credit Suisse Group boosted their target price on Aetna from $200.00 to $208.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Piper Jaffray Companies restated a “buy” rating and set a $212.00 target price on shares of Aetna in a research note on Tuesday, January 30th. Cowen restated a “buy” rating and set a $212.00 target price on shares of Aetna in a research note on Tuesday, January 30th. Citigroup cut Aetna from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $187.89 to $212.00 in a research note on Wednesday, January 31st. Finally, Deutsche Bank upgraded Aetna from a “hold” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $212.00 in a research note on Monday, January 22nd. Ten equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $185.94.

Aetna Inc (NYSE:AET) opened at $181.49 on Thursday. The company has a market capitalization of $59,480.86, a P/E ratio of 31.56, a price-to-earnings-growth ratio of 1.47 and a beta of 0.60. Aetna Inc has a 12-month low of $119.51 and a 12-month high of $194.40. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.53 and a current ratio of 1.68.

Aetna (NYSE:AET) last released its quarterly earnings results on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.18 by $0.07. The company had revenue of $14.74 billion for the quarter, compared to analyst estimates of $14.79 billion. Aetna had a return on equity of 21.50% and a net margin of 3.15%. The firm’s revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 earnings per share. equities analysts expect that Aetna Inc will post 10.99 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Thursday, January 11th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Wednesday, January 10th. Aetna’s payout ratio is currently 34.78%.

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Aetna Profile

Aetna Inc is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. It offers a range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services, Medicare Advantage and Medicare Supplement plans, workers’ compensation administrative services and health information technology (HIT) products and services.

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Institutional Ownership by Quarter for Aetna (NYSE:AET)

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