Athene Holding Ltd. (ATH) At $49.44 Forms Bottom; Aetna (AET) Shorts Lowered By 14.8%

April 23, 2018 - By John Hoffman

Aetna Inc. (NYSE:AET) Logo

Aetna Inc (NYSE:AET) had a decrease of 14.8% in short interest. AET’s SI was 3.89M shares in April as released by FINRA. Its down 14.8% from 4.57 million shares previously. With 1.82M avg volume, 2 days are for Aetna Inc (NYSE:AET)’s short sellers to cover AET’s short positions. The SI to Aetna Inc’s float is 1.22%. The stock decreased 0.16% or $0.28 during the last trading session, reaching $176.64. About 117,249 shares traded. Aetna Inc. (NYSE:AET) has risen 33.34% since April 23, 2017 and is uptrending. It has outperformed by 21.79% the S&P500.

Athene Holding Ltd. (ATH) formed multiple bottom with $47.96 target or 3.00% below today’s $49.44 share price. Athene Holding Ltd. (ATH) has $9.95B valuation. The stock increased 0.20% or $0.1 during the last trading session, reaching $49.44. About 120,967 shares traded. Athene Holding Ltd. (NYSE:ATH) has declined 4.87% since April 23, 2017 and is downtrending. It has underperformed by 16.42% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.08, from 0.91 in 2017Q3. It turned negative, as 69 investors sold Aetna Inc. shares while 345 reduced holdings. 147 funds opened positions while 198 raised stakes. 275.71 million shares or 1.91% less from 281.08 million shares in 2017Q3 were reported. Endurant Mgmt Ltd Partnership reported 2.17% of its portfolio in Aetna Inc. (NYSE:AET). Fjarde Ap has 92,677 shares. Fayez Sarofim And holds 0.01% or 7,427 shares. Hirtle Callaghan & Commerce Ltd Co reported 3,200 shares. Lord Abbett Ltd holds 0.11% or 221,549 shares. Hartford Fincl Management owns 690 shares or 0.06% of their US portfolio. Gabelli & Investment Advisers stated it has 0.27% of its portfolio in Aetna Inc. (NYSE:AET). Quinn Opportunity Prtn stated it has 124,200 shares or 3.69% of all its holdings. Virginia Retirement Et Al has invested 0.16% in Aetna Inc. (NYSE:AET). Tig Advsr Ltd Company accumulated 640,371 shares. Becker holds 1.87% or 313,794 shares in its portfolio. Omers Administration accumulated 11,300 shares. The Ontario – Canada-based 1832 Asset Mgmt Lp has invested 0% in Aetna Inc. (NYSE:AET). Moreover, Psagot Investment House has 0.3% invested in Aetna Inc. (NYSE:AET) for 38,725 shares. Bank Of Nova Scotia holds 191,436 shares or 0.16% of its portfolio.

Among 24 analysts covering Aetna (NYSE:AET), 11 have Buy rating, 0 Sell and 13 Hold. Therefore 46% are positive. Aetna had 73 analyst reports since July 30, 2015 according to SRatingsIntel. As per Wednesday, January 4, the company rating was initiated by Piper Jaffray. The stock of Aetna Inc. (NYSE:AET) has “Buy” rating given on Tuesday, August 4 by Susquehanna. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, September 8. The company was maintained on Tuesday, September 5 by Jefferies. Cowen & Co maintained it with “Buy” rating and $170.0 target in Wednesday, September 20 report. Sterne Agee CRT maintained the shares of AET in report on Tuesday, August 4 with “Buy” rating. Jefferies maintained the shares of AET in report on Thursday, August 3 with “Hold” rating. On Thursday, April 12 the stock rating was maintained by Jefferies with “Hold”. As per Friday, April 8, the company rating was initiated by Cleveland. The firm has “Buy” rating given on Monday, July 10 by RBC Capital Markets.

Aetna Inc. operates as a health care benefits firm in the United States. The company has market cap of $57.79 billion. It operates through three divisions: Health Care, Group Insurance, and Large Case Pensions. It has a 31.1 P/E ratio. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis.

Aetna Inc. (NYSE:AET) Ratings Chart