Aetna (AET) Stock Rating Kept by Analysts at RBC Capital Markets; The $162.00 Target Indicates 8.48% Potential, Payment Data Systems (PYDS) Shorts Decreased By 2.69%

June 9, 2017 - By Ellis Scott

Among 20 analysts covering Aetna (NYSE:AET), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Aetna has $17000 highest and $12 lowest target. $144’s average target is -3.77% below currents $149.64 stock price. Aetna had 30 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Friday, April 29. The firm earned “Hold” rating on Tuesday, February 2 by Jefferies. The firm earned “Buy” rating on Tuesday, May 16 by Stifel Nicolaus. The stock of Aetna Inc (NYSE:AET) has “Neutral” rating given on Wednesday, December 16 by Credit Suisse. JP Morgan initiated Aetna Inc (NYSE:AET) on Wednesday, September 16 with “Overweight” rating. The company was initiated on Wednesday, June 7 by Morgan Stanley. The firm has “Buy” rating by Cantor Fitzgerald given on Monday, May 15. The firm has “Outperform” rating by Oppenheimer given on Monday, April 3. The rating was downgraded by Wolfe Research to “Peer Perform” on Thursday, July 21. Wedbush maintained the shares of AET in report on Tuesday, February 2 with “Neutral” rating.

Payment Data Systems Incorporated (NASDAQ:PYDS) had a decrease of 2.69% in short interest. PYDS’s SI was 83,200 shares in June as released by FINRA. Its down 2.69% from 85,500 shares previously. With 41,900 avg volume, 2 days are for Payment Data Systems Incorporated (NASDAQ:PYDS)’s short sellers to cover PYDS’s short positions. The SI to Payment Data Systems Incorporated’s float is 1.44%. It is 0.00% or $0 reaching $1.29 per share. It is down 12.80% since June 9, 2016 and is downtrending. It has underperformed by 29.50% the S&P500.

Payment Data Systems, Inc. is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house processing, credit, prepaid card and debit card processing. The company has market cap of $14.37 million. The Firm is an integrated payment solutions well-known provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers. It currently has negative earnings. It operates through two operating entities: Payment Data Systems, Inc. and FiCentive, Inc.

Since February 22, 2017, it had 0 buys, and 5 insider sales for $20.43 million activity. The insider GUERTIN SHAWN M sold $3.83M. 103,547 Aetna Inc (NYSE:AET) shares with value of $14.58 million were sold by Bertolini Mark T. Another trade for 880 shares valued at $125,118 was sold by Coye Molly Joel. SOISTMAN FRANCIS S JR had sold 6,607 shares worth $872,020 on Wednesday, March 8. On Wednesday, February 22 the insider McCarthy Margaret M sold $1.02M.

Investors sentiment increased to 0.99 in Q4 2016. Its up 0.24, from 0.75 in 2016Q3. It is positive, as 45 investors sold Aetna Inc shares while 289 reduced holdings. 93 funds opened positions while 238 raised stakes. 306.97 million shares or 0.42% more from 305.68 million shares in 2016Q3 were reported. Renaissance Techs Ltd Limited Liability Company holds 0.56% in Aetna Inc (NYSE:AET) or 2.84M shares. Etrade Cap Management Limited Liability Corporation reported 0.02% stake. Pinebridge L P holds 120,628 shares. City accumulated 1,870 shares or 0.09% of the stock. Acadian Asset Management Lc has invested 0% in Aetna Inc (NYSE:AET). Whittier Trust Communication Of Nevada owns 0.04% invested in Aetna Inc (NYSE:AET) for 3,415 shares. Raymond James Financial Services Advsrs has 42,082 shares for 0.04% of their portfolio. Zeke Capital Advsr Ltd Limited Liability Company has invested 0.05% in Aetna Inc (NYSE:AET). Cadence Cap Mgmt Ltd Liability Company has 20,294 shares for 0.18% of their portfolio. Polaris Greystone Grp Llc holds 119,013 shares or 1.71% of its portfolio. 27,520 were accumulated by Amalgamated National Bank. Meiji Yasuda Life Ins Company accumulated 11,218 shares. Aberdeen Asset Management Pcl Uk holds 0.24% or 497,945 shares. Ontario – Canada-based Royal Bancorp Of Canada has invested 0.05% in Aetna Inc (NYSE:AET). Cibc Ww Mkts accumulated 418,745 shares.

About 39,413 shares traded. Aetna Inc (NYSE:AET) has risen 28.84% since June 9, 2016 and is uptrending. It has outperformed by 12.14% the S&P500.

Analysts await Aetna Inc (NYSE:AET) to report earnings on August, 1. They expect $2.35 earnings per share, up 6.33% or $0.14 from last year’s $2.21 per share. AET’s profit will be $778.15M for 15.92 P/E if the $2.35 EPS becomes a reality. After $2.71 actual earnings per share reported by Aetna Inc for the previous quarter, Wall Street now forecasts -13.28% negative EPS growth.

Aetna Inc. is a diversified healthcare benefits company. The company has market cap of $49.55 billion. The Firm operates through three divisions: Health Care, Group Insurance and Large Case Pensions. It has a 46.44 P/E ratio. It offers a range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services, Medicare Advantage and Medicare Supplement plans, workers’ compensation administrative services and health information technology services and products.