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Puts Purchased on Health Net (HNT)
Tuesday, February 15, 2011 - 2:11pm | 127Shares of Health Net (NYSE: HNT) are lower on the session by 0.23%, currently trading at $30.93. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...
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Jefferies Raises WLP Target To $76 From $72
Monday, February 14, 2011 - 8:20am | 24Jefferies is raising its PT on WellPoint Inc. (NYSE: WLP) to $76 from $72. WellPoint closed Friday at $65.25.
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Aetna Signs Agreement with HERAE
Thursday, February 10, 2011 - 12:48pm | 45HERAE has signed an agreement with Aetna (NYSE: AET) to offer electronic solutions that will make claim reconciliation, payments processing and deposits faster and more cost effective for doctors and hospitals that care for Aetna's members nationwide.
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Thursday's Put/Call Ratio Leaders (TLM, RDN, ADBE, HUM, CCE)
Thursday, February 10, 2011 - 12:11pm | 94Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Talisman Energy Inc. (NYSE: TLM) 12,137 puts, 171 calls 2. Radian Group Inc. (NYSE: RDN) 3,514 puts, 112 calls 3. Adobe Systems (NASDAQ: ADBE) 4,613 puts, 177 calls 4. Humana Inc. (...
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Benzinga's Top Downgrades (ITT, HUM, CSCO, IPI)
Thursday, February 10, 2011 - 8:27am | 136ITT Corporation (NYSE: ITT) was downgraded by Morgan Stanley from "equal weight" to "underweight." ITT's shares closed at $59.73 yesterday. ITT's trailing-twelve-month profit margin is 7.26%. Humana Inc (NYSE: HUM) was downgraded by Oppenheimer from "outperform" to "perform." HUM's stock closed at...
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JP Morgan Raises PT Of Humana To $63.00 (HUM)
Wednesday, February 9, 2011 - 8:34am | 109JP Morgan raises the Price Target to $63 from $61 after Humana (NYSE: HUM) posted Q4 EPS of “$0.63 vs our/consensus $0.69/0.78.” The report notes, “much like others this season so far, the report benefited from moderate med utilization offset by a heavy dose of cleanup/one-time items (about $1/...
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JP Morgan Raises PT On Humana To $63
Wednesday, February 9, 2011 - 7:54am | 27JP Morgan has raised the price target on Humana, Inc. (NYSE: HUM) from $61 to $63 and maintains its Neutral rating.
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Triple-S Reports Q4 EPS of $0.47
Wednesday, February 9, 2011 - 7:04am | 57Triple-S Management Corp (NYSE: GTS) reports its Q4 diluted EPS at $0.47, versus the consensus of $0.45. GTS reports its Q4 revenue at $423.6 million, versus the consensus of $419.48 million. GTS shares gained 1.81% to close at $19.14 yesterday. Read more from Benzinga's Company news.
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Centene Up 5.5% After Hitting 52-Week High (CNC)
Tuesday, February 8, 2011 - 3:29pm | 193Shares of St. Louis, Missouri-based Centene Corporation (NYSE: CNC) are trading up 5.5% at $29.28 per share during the Tuesday afternoon trading session. The day's trading range for shares of Centene Corporation has been between $27.63 and a 52-week high of $30.11 per share. Analysts covering the...
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Aetna, Cigna — Shorting Spread Volatility
Tuesday, February 8, 2011 - 2:02pm | 136Here's a quick snapshot of a trade I'm currently in. Short Aetna (AET), long Cigna (CI). Aetna gapped up on Feb 4 after they reported positive earnings and 2011 outlook. Both stocks have now reported earnings but the difference is that Aetna is now extremely overbought relative to Cigna. Both...
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DJIA Seven day Winning Streaks
Tuesday, February 8, 2011 - 1:16pm | 136Here's a quick snapshot of a trade I'm currently in. Short Aetna (AET), long Cigna (CI). Aetna gapped up on Feb 4 after they reported positive earnings and 2011 outlook. Both stocks have now reported earnings but the difference is that Aetna is now extremely overbought relative to Cigna. Both...
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Aetna and Piedmont Healthcare Sign Three-Year Agreement
Tuesday, February 8, 2011 - 10:35am | 57Aetna (NYSE: AET) and Piedmont Healthcare announced that they have reached agreement on a new three-year contract. Under the agreement, Aetna members in the Atlanta area will continue to receive covered benefits, at in-network rates, from the four hospitals within Piedmont Healthcare and the...
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Credit Suisse Raises PT on Humana to $71 (HUM)
Tuesday, February 8, 2011 - 9:41am | 140Credit Suisse is out with its report today on Humana (NYSE: HUM), raising its PT from $70 to $71. In a note to clients, Credit Suisse writes, "HUM 2011 guidance increased to $5.95 - $6.15, ex-charge 25c to exit TRICARE ($5.70-$5.90 GAAP), reflecting better than expected MA and stand-alone Part D...
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JP Morgan Raises Price Target to $43 for Aetna (AET)
Tuesday, February 8, 2011 - 8:14am | 139JP Morgan has just increased the price target for Aetna (NYSE: AET) from $38 to $43. The report notes, “this past Friday AET reported 4Q (EPS at $0.63 vs our $0.60), and like others this season, the med cost ratio coming in much better/lower while the bottom-line impact mitigated by higher G&A...
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Citigroup Raises PT On Humana To $71
Tuesday, February 8, 2011 - 8:13am | 26Citigroup has raised the price target on Humana Inc. (NYSE: HUM) from $65 to $71 and maintains its Buy rating.