As Aetna (AET) Share Value Rose, Shareholder Cambridge Financial Group INC Cut Stake by $117.06 Million

October 13, 2017 - By Peter Erickson

Investors sentiment decreased to 0.69 in 2017 Q2. Its down 0.25, from 0.94 in 2017Q1. It turned negative, as 62 investors sold AET shares while 331 reduced holdings. 76 funds opened positions while 195 raised stakes. 290.06 million shares or 2.18% less from 296.52 million shares in 2017Q1 were reported. Texas Permanent School Fund accumulated 0.19% or 93,198 shares. Westpac Corporation, Australia-based fund reported 21,153 shares. Franklin Res Inc holds 1.12M shares. Principal Financial Gp Inc holds 0.15% of its portfolio in Aetna Inc (NYSE:AET) for 955,157 shares. Tiedemann Wealth Mgmt Limited Com holds 0.05% in Aetna Inc (NYSE:AET) or 4,694 shares. Pub Sector Pension Investment Board reported 0.21% stake. Arrow reported 4,055 shares or 0.15% of all its holdings. Toronto Dominion Bancorporation invested 0.05% in Aetna Inc (NYSE:AET). Wg Shaheen And Associates Dba Whitney And Communication reported 62,310 shares or 3.1% of all its holdings. Tarbox Family Office Incorporated reported 167 shares or 0.01% of all its holdings. Live Your Vision Limited Liability has invested 0.01% in Aetna Inc (NYSE:AET). Kentucky-based Cullinan Assoc Inc has invested 0.1% in Aetna Inc (NYSE:AET). Utah Retirement System stated it has 0.21% of its portfolio in Aetna Inc (NYSE:AET). First Citizens National Bank And reported 9,426 shares. Sumitomo Life Communication holds 0.23% or 11,628 shares.

Since May 9, 2017, it had 0 insider purchases, and 4 selling transactions for $19.91 million activity. Lynch Karen S sold 7,825 shares worth $1.17 million. $4.03M worth of stock was sold by McCarthy Margaret M on Wednesday, June 7. Coye Molly Joel had sold 880 shares worth $125,118.

Cambridge Financial Group Inc decreased its stake in Aetna (AET) by 1.63% based on its latest 2017Q2 regulatory filing with the SEC. Cambridge Financial Group Inc sold 771 shares as the company’s stock rose 12.84% with the market. The institutional investor held 46,483 shares of the medical specialities company at the end of 2017Q2, valued at $7.06B, down from 47,254 at the end of the previous reported quarter. Cambridge Financial Group Inc who had been investing in Aetna for a number of months, seems to be less bullish one the $50.83 billion market cap company. The stock rose 0.04% or $0.07 reaching $153.13. About 2.00 million shares traded or 10.50% up from the average. Aetna Inc (NYSE:AET) has risen 28.84% since October 13, 2016 and is uptrending. It has outperformed by 12.14% the S&P500.

Cambridge Financial Group Inc, which manages about $186.99 million US Long portfolio, upped its stake in Johnson Controls by 131 shares to 131,107 shares, valued at $5.68 billion in 2017Q2, according to the filing. It also increased its holding in Target Corp (NYSE:TGT) by 25,453 shares in the quarter, for a total of 101,244 shares, and has risen its stake in Unum (NYSE:UNM).

Analysts expect Aetna Inc (NYSE:AET) to report $2.08 EPS on October, 26.They anticipate $0.01 EPS change or 0.48 % from last quarter’s $2.07 EPS. AET’s profit would be $690.44M giving it 18.41 P/E if the $2.08 EPS is correct. After having $3.42 EPS previously, Aetna Inc’s analysts see -39.18 % EPS growth.

More recent Aetna Inc (NYSE:AET) news were published by: which released: “Is Aetna Inc. (AET) a Great Stock for Value Investors?” on September 22, 2017. Also published the news titled: “Trump to sign executive order today changing aspects of Obamacare” on October 12, 2017.‘s news article titled: “Aetna Inc. (AET) Ex-Dividend Date Scheduled for October 11, 2017” with publication date: October 10, 2017 was also an interesting one.

Aetna Inc (NYSE:AET) Ratings Coverage

Among 21 analysts covering Aetna (NYSE:AET), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Aetna had 47 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $162 target in Friday, June 9 report. The stock of Aetna Inc (NYSE:AET) earned “Hold” rating by Jefferies on Tuesday, September 5. RBC Capital Markets upgraded Aetna Inc (NYSE:AET) on Tuesday, September 8 to “Outperform” rating. The firm earned “Buy” rating on Friday, May 26 by Cowen & Co. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, August 4. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, February 2 report. The company was maintained on Tuesday, February 2 by Wedbush. Credit Suisse maintained it with “Buy” rating and $16500 target in Thursday, July 13 report. The stock of Aetna Inc (NYSE:AET) earned “Outperform” rating by RBC Capital Markets on Friday, April 29. As per Monday, July 10, the company rating was maintained by RBC Capital Markets.

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