CVS Health Corporation (CVS) Stake Increased by Westchester Capital Management Inc

NWQ Investment Management Company LLC now owns 1,352,559 shares of the pharmacy operator's stock worth $106,730,000 after buying an additional 418,601 shares in the last quarter. The company has a market cap of $79.44 billion, a price-to-earnings ratio of 16.26 and a beta of 0.91. The stock declined 0.52% or $0.41 reaching $78.19 per share. Sterneck Management Ltd Company invested in 0.33% or 6,559 shares. Oppenheimer maintained CVS Health Corp (NYSE:CVS) rating on Monday, November 2. It has underperformed by 41.10% the S&P500. The company has market cap of 376.30 million GBP. The Grimes & Company Inc holds 97,152 shares with $7.67M value, up from 2,636 last quarter. The stock sank -1.33% last month and is down -0.39 this year. About 2.58M shares traded. CVS Health Corp (NYSE:CVS) has declined 24.40% since August 4, 2016 and is downtrending. It has outperformed by 3.47% the S&P500.

The following firms have also recently changed their position in CVS. Sowell Financial Services LLC acquired a new position in CVS Health Corporation during the fourth quarter worth $140,000.

CVS Health Corporation (NYSE:CVS) last posted its quarterly earnings results on Tuesday, May 2nd. It also upped Ishares Transportation (IYT) stake by 8,372 shares and now owns 12,357 shares. The pharmacy operator reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.07. CVS's profit will be $1.33B for 14.92 P/E if the $1.31 EPS becomes a reality. During the same quarter in the prior year, the company earned $1.18 earnings per share.

Investors sentiment decreased to 0.74 in Q4 2016. Its up 0.13, from 0.96 in 2016Q3. 127 funds opened positions while 440 raised stakes. (NYSE:INST), its shares were trading at $30.5 a retreat of $-0.85, on the trading floor. Schnieders Cap Limited Liability owns 34,597 shares or 1.4% of their United States portfolio. Blb&B Advisors Ltd holds 0.22% or 16,283 shares.

Merck & Company Incorporated (NYSE:MRK) had a decrease of 20.46% in short interest. Cleararc holds 0.37% or 25,925 shares in its portfolio. LSV Asset Management boosted its position in CVS Health Corporation by 44.2% in the first quarter. Tt invested 2.31% of its portfolio in CVS Health Corp (NYSE:CVS). Heritage Wealth Advisors stated it has 0.21% in CVS Health Corp (NYSE:CVS). River Road Asset Ltd Company invested 0.16% of its portfolio in CVS Health Corp (NYSE:CVS). "Raises Stake in CVS Health Corporation (NYSE:CVS)" was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. Robert W. Baird initiated CVS Health Corp (NYSE:CVS) on Friday, January 22 with "Outperform" rating. Next Fin Group Inc, Texas-based fund reported 14,809 shares. (NYSE:MRK). Summit Fincl Strategies accumulated 7,283 shares. City Trust Fl has invested 0.65% in CVS Health Corp (NYSE:CVS).

Since February 16, 2017, it had 0 buys, and 6 selling transactions for $34.54 million activity. 61,196 shares were sold by Roberts Jonathan C, worth $4.90 million. Denton David M sold $18.44 million worth of CVS Health Corp (NYSE:CVS) on Monday, June 12. The stock decreased 1.44% or $1.15 during the last trading session, reaching $78.6.

"On June 28 analysts at Needham started covering the stock by announcing an initial rating of ". Therefore 62% are positive. CVS Health Corporation's dividend payout ratio is now 41.67%. Also, EVP Helena Foulkes sold 20,333 shares of CVS Health Corporation stock in a transaction on Monday, June 26th. Wall Street is only getting more bullish on the stock, with 18 of analysts who cover CVS having a buy-equivalent rating.

The company's consensus rating on Reuter's scale remained unchanged from 1.78 to 1.78 during a month. As per Monday, November 2, the company rating was maintained by S&P Research. RBC Capital Markets downgraded the stock to "Sector Perform" rating in Tuesday, January 3 report. Vetr lowered shares of CVS Health Corporation from a "buy" rating to a "hold" rating and set a $85.78 price target for the a research note on Thursday, April 27th. The company was reinitiated on Wednesday, August 19 by Evercore. The stock of Merck & Co., Inc.

Among 28 analysts covering (NASDAQ:PCLN), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 27% are positive. Oppenheimer maintained CVS Health Corp (NYSE:CVS) on Friday, August 28 with "Outperform" rating. Bank of America downgraded the shares of VMW in report on Wednesday, October 21 to "Neutral" rating. The rating was initiated by Pacific Crest on Thursday, March 31 with "Sector Weight". On Monday, August 10 the stock rating was maintained by Argus Research with "Buy". 154,615 were reported by Gw Henssler Associate Ltd. The stock of Caretrust REIT Inc (NASDAQ:CTRE) earned "Hold" rating by BMO Capital Markets on Thursday, August 3. Its down 0.24, from 0.98 in 2016Q3. 128 funds opened positions while 609 raised stakes. The Amf Pensionsforsakring Ab holds 132,629 shares with $7.89M value, up from 99,129 last quarter. Stevens Capital Limited Partnership reported 17,356 shares. 241.22 million shares or 0.70% more from 239.54 million shares in 2016Q3 were reported. The Isle Of Man-based Oceanic Investment Management Ltd has invested 2.7% in the stock. Shareholders of record on Monday, July 24th were issued a $0.50 dividend. Homrich And Berg reported 220 shares. Cubic Asset Mgmt Llc reported 53,220 shares. Virtus Inv Advisers Inc reported 0.99% stake.

PIMCO New York Municipal Income Fund is a diversified, closed-end management investment company. Zeke Capital Advsrs Ltd Liability Com holds 6,383 shares or 0.14% of its portfolio. Breton Hill has invested 0.36% in Merck & Co., Inc. Natl Pension reported 34,539 shares stake.

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