Loews Corp Stake in Aetna INC (AET) Increased by $27.00 Million

May 16, 2018 - By Mark Mitchell

Aetna Inc. (NYSE:AET) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 0.83. That’s change of 0.08, from 2017Q3’s 0.91. 69 investors sold all, 345 reduced holdings as AET ratio turned negative. 198 rose holdings while 147 funds bought holdings. Funds hold 275.71 million shares thus 1.91% less from 2017Q3’s 281.08 million shares. 4.88 million are owned by Pentwater Lp. Shell Asset Mgmt has 0.11% invested in Aetna Inc. (NYSE:AET) for 30,865 shs. Thrivent Fincl For Lutherans owns 0.12% invested in Aetna Inc. (NYSE:AET) for 192,018 shs. Yhb Investment Advsr reported 0.06% in Aetna Inc. (NYSE:AET). Senzar Asset Ltd Company invested 6.46% of its capital in Aetna Inc. (NYSE:AET). Lowe Brockenbrough & Inc has invested 1.45% in Aetna Inc. (NYSE:AET). James Invest Rech Inc stated it has 0.51% of its capital in Aetna Inc. (NYSE:AET). Impax Asset Mngmt Lc has 0.03% invested in Aetna Inc. (NYSE:AET) for 3,036 shs. American Investment Inc holds 16,422 shs or 1.08% of its capital. Seaward Ltd Partnership owns 0.13% invested in Aetna Inc. (NYSE:AET) for 15,330 shs. Carlson LP accumulated 0.65% or 213,000 shs. State Teachers Retirement owns 523,729 shs. Cap Advisers Ltd Liability Company holds 0.06% of its capital in Aetna Inc. (NYSE:AET) for 41,162 shs. 4,015 were reported by Arrow Fin Corp. Parallax Volatility Advisers Ltd Partnership has invested 0% in Aetna Inc. (NYSE:AET).

According to 2017Q4 Securities and Exchange form the Loews Corp increased its holdings in Aetna Inc (AET) by 2678.57%. By buying 150,000 shares Loews Corp made the stock sank with 6.45%. The medical specialities company at the end of 2017Q4 was valued at $28.07 million. It’s up from 5,600 at the end of the previous reported quarter. Now it had 155,600 shares held by the institutional investor . $58.00B is Aetna Inc’s MC. AET touched $177.3 during the last trading session after $0.2 change.Aetna Inc. has volume of 279,165 shares. Since May 16, 2017 AET has risen 33.34% and is uptrending. The stock outperformed the S&P500 by 21.79%.

About $16.53 billion US Long portfolio Loews Corp operates. According to a filing the fund reduced its stake in Anthem Inc (NYSE:ANTM) by 23,500 shares to 17,100 shares, valued at $3.85 million in 2017Q4. Loews Corp has cut its stake in Goldcorp Inc (NYSE:GG) and also reduced its holding in Marathon Petroleum Corp (NYSE:MPC) by 58,650 shares in the quarter, for a total of 241,350 shares.

A couple more Aetna Inc. (NYSE:AET) news were announced by: Streetinsider.com which released on May 15, 2018 “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)”, also Streetinsider.com on May 15, 2018 announced “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F”, the next Streetinsider.com is “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018. Streetinsider.com has article titled “Aetna (AET) Trump Proposal Unlikely To Impact Managed Care – Cantor Fitzgerald”.

Aetna Inc. (NYSE:AET) Ratings Coverage

In total 12 analysts cover Aetna Inc (NYSE:AET). “Buy” rating has 7, “Sell” are 0, while 5 are “Hold”. (NYSE:AET) has 58% bullish analysts. 16 are the (NYSE:AET)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Tuesday, January 30 Cantor Fitzgerald maintained Aetna Inc. (NYSE:AET) rating. Cantor Fitzgerald has “Hold” rating and $211.0 target. On Wednesday, January 31 the rating was maintained by Credit Suisse with “Hold”. On Monday, January 22 the stock has “Buy” rating by Deutsche Bank. On Thursday, April 12 the stock has “Hold” rating by Jefferies. On Wednesday, January 3 the rating was upgraded by PiperJaffray to “Overweight”. In Tuesday, January 30 report Jefferies maintained it with “Hold” rating and $205.0 target. On Wednesday, December 20 the rating was downgraded by Morgan Stanley to “Equal-Weight”. On Tuesday, January 30 Piper Jaffray maintained the shares of AET in report with “Buy” rating. On Monday, December 18 the firm earned “Buy” rating by Wells Fargo. The company rating was maintained by Jefferies on Friday, January 12.

Aetna Inc. (NYSE:AET) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.