Aetna Inc (NYSE:AET) Institutional Investor Sentiment Trend

Marco Green
January 13, 2018

The institutional investor held 44,486 shares of the public utilities company at the end of 2017Q3, valued at $3.42M, up from 6,843 at the end of the previous reported quarter. Pembina Pipeline Corporation (NYSE:PBA) has risen 15.45% since January 10, 2017 and is uptrending.

Tpg-Axon Management Lp decreased its stake in Aetna Inc New (AET) by 67.23% based on its latest 2017Q3 regulatory filing with the SEC. Pomelo Capital Llc bought 457,200 shares as the company's stock declined 8.07% while stock markets rallied. The Bradley Foster & Sargent Inc holds 17,327 shares with $2.76 million value, up from 14,945 last quarter. Jefferies Group Llc who had been investing in Aetna Inc New for a number of months, seems to be bullish on the $60.28 billion market cap company. The stock decreased 0.52% or $0.59 during the last trading session, reaching $112.93.

Aetna Inc. (AET) closed its previous trading session at $184.21 with the gain of 0.4%. It has outperformed by 18.90% the S&P500. 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. On Friday, August 4 the insider WALSH JEFFREY R sold $344,870. (NASDAQ:CSIQ), 9 have Buy rating, 2 Sell and 6 Hold. Therefore 89% are positive. Canadian Solar Inc. had 40 analyst reports since August 19, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with "Hold" rating in Thursday, August 3 report. Vertical Group initiated Citigroup Inc. The firm has "Buy" rating by Evercore given on Friday, September 23. The stock of Dycom Industries, Inc. The rating was maintained by Oppenheimer on Wednesday, August 5 with "Hold". JP Morgan initiated the stock with "Overweight" rating in Thursday, October 13 report. The firm earned "Buy" rating on Monday, September 28 by Jefferies. The rating was upgraded by Raymond James on Friday, November 3 to "Outperform".

Comparing the number of shares sold short to the float is a method analysts often use to get a reading on investor sentiment. The company was downgraded on Tuesday, January 5 by KeyBanc Capital Markets.

Analysts await Pembina Pipeline Corporation (NYSE:PBA) to report earnings on February, 22. (NASDAQ:CSIQ) has "Overweight" rating given on Monday, April 4 by Barclays Capital. Analysts expect AET to grow earnings at a 10.68% annual rate over the next 5 years. Finally, Phocas Financial Corp. acquired a new stake in shares of Aetna during the 2nd quarter worth approximately $182,000.

Investors sentiment increased to 0.91 in Q3 2017. The company reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.44 by $0.19. It is positive, as 42 investors sold AET shares while 302 reduced holdings. Herald Management Ltd holds 0.88% of its portfolio in Apple Inc. About 3.67 million shares traded or 12.34% up from the average. (NYSE:AET) news were published by: Bloomberg.com which released: "Aetna and CVS Were Talking to Others During Takeover Process" on January 04, 2018, also Wsj.com with their article: "CVS to Keep Aetna in Hartford, Conn." published on January 12, 2018, Courant.com published: "Aetna Move to NYC Falls Apart as DiBlasio Pulls Incentives for New HQ in City" on January 10, 2018. (NYSE:AET). Pennsylvania-based Stevens Mngmt Limited Partnership has invested 0.34% in Aetna Inc. Morgan Stanley owns 16.63M shares or 0.36% of their United States portfolio. Tower Capital Limited Liability (Trc) has invested 0% in I.D. Systems, Inc. Pennsylvania Trust has 127,194 shares for 0.45% of their portfolio. American Invest Service Inc invested in 1% or 16,422 shares. (NYSE:C) for 16,969 shares. Cullen Frost Bankers Inc invested 0.01% of its portfolio in Aetna Inc. (NYSE:DY). Scout Inc invested in 289,848 shares. 15,271 shares were sold by Lynch Karen S, worth $2.47 million. Argus reaffirmed a buy rating and set a $185.00 target price (up previously from $165.00) on shares of Aetna in a report on Tuesday, September 12th.

Ratings analysis reveals 42% of Aetna's analysts are positive. On Thursday, May 25 the stock rating was maintained by Stifel Nicolaus with "Buy". (NYSE:AET) on Wednesday, November 1 with "Hold" rating.

COPYRIGHT VIOLATION NOTICE: "Fulton Bank N.A. Decreases Holdings in Aetna Inc (AET)" was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. As per Thursday, November 10, the company rating was maintained by Lake Street. Cantor Fitzgerald maintained the shares of AET in report on Monday, May 15 with "Buy" rating.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Clearbridge Invests Llc stated it has 0.13% in Aetna Inc. Credit Suisse has "Outperform" rating and $12 target. The stock of Aetna Inc.

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