Humana feasts on Aetna breakup fee, Medicare Advantage in 1Q

Aetna hints at further Obama Care exits

Getty Images

Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Capital World Investors now owns 12,525,502 shares of the company's stock worth $1,446,069,000 after buying an additional 1,786,002 shares in the last quarter.

Aetna Inc AET.N reported a quarterly net loss on Tuesday related to costs from its failed acquisition of Humana Inc HUM.N and said it will cut exposure to money-losing Obamacare coverage in 2018. Insiders own 0.90% of the company's stock. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. "This strong start to the year has enabled Aetna to absorb continued pressure from our individual Commercial products while increasing investment in our growth initiatives and raising our full-year 2017 earnings per share projections". (AET) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Aetna Inc. If you are viewing this article on another publication, it was stolen and republished in violation of U.S. and global trademark and copyright laws.

TRADEMARK VIOLATION NOTICE: "Aetna's (AET) "Overweight" Rating Reiterated at Cantor Fitzgerald" was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. Vetr raised Aetna from a "sell" rating to a "hold" rating and set a $121.77 price target on the stock in a research report on Monday, February 20th. The company has a consensus rating of "Buy" and an average price target of $136.65. The PEG holds a value of 1.59 , whilst P/B is stated to be 2.66.

On 9/30/2016 Aetna announced a quarterly dividend of $0.25 0.87% with an ex dividend date of 10/11/2016 which will be payable on 10/28/2016. The simple 20 day moving average stands at 5.16% and the simple 200-day moving average is at 12.90%. Perhaps, that suggests something about why 0.49% of the outstanding share supply is held by institutional investors. It has a target price of 138.76 (IPO Date). (AET) has a trading volume of 4.73 Million shares, with an average trading volume of 2400 shares - with shares dropping to a 52 week low of $103.97, and the company's shares hitting a 52 week high of $ 137.19. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Ledyard National Bank now owns 876 shares of the company's stock worth $101,000 after buying an additional 110 shares in the last quarter.

In other news, insider Shawn M. Guertin sold 29,602 shares of the stock in a transaction that occurred on Thursday, March 23rd.

On 3/8/2017 Francis S Soistman Jr, VP, sold 6,607 with an average share price of $131.98 per share and the total transaction amounting to $871,991.86. The disclosure for this sale can be found here.

Aetna Inc.is a diversified healthcare benefits company.

Medicare Advantage plans account for about a third of the more than 55 million people covered by Medicare and is the fastest growing government health program.

Latest News