Aetna Inc (NYSE:AET) had declared a cash dividend of $0.2500 on Sep 30, 2016. The shares will quote ex-dividend on Oct 11, 2016 and the record date has been fixed for Oct 13, 2016. On Sep 30, 2016 share price, the yield comes out to be 0.8693%. The dividend payable date has been fixed on Oct 28, 2016.
In a different note, Evercore ISI Group said it Initiates Coverage on Aetna Inc, according to a research note issued on Sep 23, 2016. The shares have been rated ‘Buy’ by the firm. On Jul 21, 2016, Wolfe Research said it Downgrades its rating on Aetna Inc. The shares have been rated ‘Peer Perform’ by the firm.
Aetna Inc (AET) made into the market gainers list on Tuesdays trading session with the shares advancing 0.04% or 0.05 points. Due to strong positive momentum, the stock ended at $114.77, which is also near the day’s high of $115.23. The stock began the session at $114.85 and the volume stood at 13,86,812 shares. The 52-week high of the shares is $123.57 and the 52 week low is $92.42. The company has a current market capitalization of $40,261 M and it has 35,08,00,000 shares in outstanding.
Aetna Inc(AET) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $15.90B. Analysts had an estimated revenue of $15.69B. Earnings per share were $2.21. Analysts had estimated an EPS of $2.12.
Several Insider Transactions has been reported to the SEC. On Sep 9, 2016, Jeffrey E Garten (director) sold 7,100 shares at $116.51 per share price.Also, On Aug 24, 2016, Shawn M Guertin (Exec. Vice President, CFO) sold 45,328 shares at $120.25 per share price.On May 12, 2016, Margaret M Mccarthy (EVP, Operations & Technology) sold 39,169 shares at $114.45 per share price, according to the Form-4 filing with the securities and exchange commission.
Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional voluntary and consumer-directed health insurance products and related services. The Company’s operations are conducted in three business segments: Health Care Group Insurance and Large Case Pensions. The Company’s Health Care segment includes medical pharmacy benefit management services dental behavioral health and vision plans. The Company’s Group Insurance segment’s products consist primarily of Life Insurance Products Disability Insurance Products and Long-Term Care Insurance Products. The Company’s Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Company’s customers include employer groups individuals college students part-time and hourly workers health plans health care providers Governmental units Government-sponsored plans labor groups and expatriates.