Aegion (AEGN) Reaches $21.03 After 6.00% Up Move; Teachers Retirement System Of The State Of Kentucky Has Cut Aetna (AET) Holding By $347,200

May 23, 2017 - By Winifred Garcia

Teachers Retirement System Of The State Of Kentucky decreased Aetna Inc (AET) stake by 6.13% reported in 2016Q4 SEC filing. Teachers Retirement System Of The State Of Kentucky sold 2,800 shares as Aetna Inc (AET)’s stock rose 12.84%. The Teachers Retirement System Of The State Of Kentucky holds 42,868 shares with $5.32M value, down from 45,668 last quarter. Aetna Inc now has $46.73B valuation. The stock rose 0.18% or $0.25 reaching $141.25. About 495,173 shares traded. Aetna Inc (NYSE:AET) has risen 28.84% since May 23, 2016 and is uptrending. It has outperformed by 12.14% the S&P500.

The stock of Aegion Corp (NASDAQ:AEGN) is a huge mover today! About 144,470 shares traded. Aegion Corp (NASDAQ:AEGN) has risen 2.91% since May 23, 2016 and is uptrending. It has underperformed by 13.79% the S&P500.The move comes after 8 months positive chart setup for the $704.85M company. It was reported on May, 23 by Barchart.com. We have $22.29 PT which if reached, will make NASDAQ:AEGN worth $42.29M more.

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 AET 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. Bbva Compass Bancshares holds 30,467 shares or 0.27% of its portfolio. Etrade Management Ltd Limited Liability Company owns 3,129 shares or 0.02% of their US portfolio. 122 are owned by Barnett And. Schafer Cullen Cap Management Incorporated reported 75,996 shares stake. Roanoke Asset Mngmt New York stated it has 0.11% of its portfolio in Aetna Inc (NYSE:AET). Columbus Circle holds 0.02% of its portfolio in Aetna Inc (NYSE:AET) for 11,296 shares. Morgan Stanley holds 1.16 million shares. Fdx Advsrs Inc holds 0.02% of its portfolio in Aetna Inc (NYSE:AET) for 5,778 shares. Pillar Pacific Cap Mngmt Lc holds 1,767 shares. The Kentucky-based Farmers Commercial Bank has invested 0.09% in Aetna Inc (NYSE:AET). Amica Mutual Insur Company accumulated 18,187 shares. Bnp Paribas Prtn invested 0.09% of its portfolio in Aetna Inc (NYSE:AET). Massachusetts-based Boston Limited Liability Co has invested 0.01% in Aetna Inc (NYSE:AET). Focused Wealth Mngmt has 0.07% invested in Aetna Inc (NYSE:AET). Lyrical Asset Mgmt Ltd Partnership reported 4.08% stake.

Teachers Retirement System Of The State Of Kentucky increased Lazard Ltd (NYSE:LAZ) stake by 12,000 shares to 215,100 valued at $8.84M in 2016Q4. It also upped Wintrust Financial Corp (NASDAQ:WTFC) stake by 20,920 shares and now owns 61,340 shares. Wsfs Financial Corp (NASDAQ:WSFS) was raised too.

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 $777.45 million for 15.03 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.

Since November 30, 2016, it had 0 insider buys, and 6 insider sales for $20.58 million activity. 6,607 shares valued at $872,020 were sold by SOISTMAN FRANCIS S JR on Wednesday, March 8. Coye Molly Joel had sold 880 shares worth $125,118. 7,930 shares were sold by McCarthy Margaret M, worth $1.02M on Wednesday, February 22. The insider Bertolini Mark T sold $14.58 million. 29,602 shares valued at $3.83 million were sold by GUERTIN SHAWN M on Tuesday, March 21.

Among 17 analysts covering Aetna (NYSE:AET), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Aetna had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Oppenheimer on Monday, April 3. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, May 16. On Wednesday, December 16 the stock rating was initiated by Credit Suisse with “Neutral”. Bernstein initiated Aetna Inc (NYSE:AET) on Thursday, June 16 with “Outperform” rating. The stock of Aetna Inc (NYSE:AET) earned “Peer Perform” rating by Wolfe Research on Thursday, July 21. The stock of Aetna Inc (NYSE:AET) has “Outperform” rating given on Tuesday, September 8 by RBC Capital Markets. The rating was maintained by Susquehanna on Tuesday, August 4 with “Buy”. The stock has “Buy” rating by Evercore on Friday, September 23. The rating was initiated by Cleveland with “Neutral” on Friday, April 8. The firm has “Outperform” rating by RBC Capital Markets given on Friday, April 29.

Investors sentiment increased to 1.27 in Q4 2016. Its up 0.16, from 1.11 in 2016Q3. It is positive, as 12 investors sold Aegion Corp shares while 50 reduced holdings. 32 funds opened positions while 47 raised stakes. 29.81 million shares or 0.67% less from 30.02 million shares in 2016Q3 were reported. Swiss Bank reported 57,000 shares. Susquehanna Grp Inc Llp holds 0% of its portfolio in Aegion Corp (NASDAQ:AEGN) for 56,503 shares. 30,000 were accumulated by Gabelli Funds Lc. Hsbc Plc holds 0% or 11,242 shares. 41,867 are held by Wellington Mngmt Grp Llp. Teachers Retirement Sys Of The State Of Kentucky owns 0% invested in Aegion Corp (NASDAQ:AEGN) for 9,922 shares. Blackrock Fund Advsrs owns 0.01% invested in Aegion Corp (NASDAQ:AEGN) for 2.80M shares. Tiaa Cref Invest Mngmt Ltd Limited Liability Company owns 172,417 shares. Moreover, Mason Street Advsr Ltd Liability has 0% invested in Aegion Corp (NASDAQ:AEGN) for 7,422 shares. Barrow Hanley Mewhinney & Strauss Ltd Limited Liability Company invested in 49,426 shares. Great West Life Assurance Co Can reported 46,397 shares. Ajo Limited Partnership stated it has 0.05% in Aegion Corp (NASDAQ:AEGN). Aperio Gru Limited Company reported 0% of its portfolio in Aegion Corp (NASDAQ:AEGN). National Bank Of America De accumulated 42,780 shares. Moreover, Thompson Rubinstein Mgmt Inc Or has 1.79% invested in Aegion Corp (NASDAQ:AEGN) for 203,973 shares.

Aegion Corporation is engaged in providing infrastructure protection and maintenance. The company has market cap of $704.85 million. The Firm operates through three divisions: Infrastructure Solutions, Corrosion Protection and Energy Services. It has a 18.62 P/E ratio. The Firm offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of gas and oil facilities.

Analysts await Aegion Corp (NASDAQ:AEGN) to report earnings on August, 7. They expect $0.40 EPS, up 73.91% or $0.17 from last year’s $0.23 per share. AEGN’s profit will be $13.41M for 13.14 P/E if the $0.40 EPS becomes a reality. After $0.18 actual EPS reported by Aegion Corp for the previous quarter, Wall Street now forecasts 122.22% EPS growth.

Among 2 analysts covering Aegion (NASDAQ:AEGN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Aegion had 5 analyst reports since January 5, 2016 according to SRatingsIntel. As per Tuesday, January 19, the company rating was initiated by Sidoti. As per Friday, March 11, the company rating was downgraded by Sidoti. The stock has “Buy” rating by Sidoti on Tuesday, November 22. The stock has “Neutral” rating by Sidoti on Monday, June 27. On Tuesday, January 5 the stock rating was reinitiated by Stifel Nicolaus with “Hold”.

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