Economy

CVS Health Corporation (CVS) EVP Thomas M. Moriarty Sells 20547 Shares

CVS Health Corporation (CVS) EVP Thomas M. Moriarty Sells 20547 Shares”

Whittier Tru Company Of Nevada accumulated 63,116 shares or 0.49% of the stock. Rudman Errol M reported 2.86% stake. It has underperformed by 41.10% the S&P500.

Trust Company Of Virginia decreased Oracle Corp (ORCL) stake by 70.75% reported in 2017Q2 SEC filing. Welch & Forbes Llc bought 11,226 shares as the company's stock rose 10.88% with the market. (NASDAQ:MANH). Vanguard Gru owns 5.78M shares. Welch & Forbes Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $495.08B market cap company.

Support is likely to come between $80.52 a share to $80.12 a share level. The typical day in the last two weeks has seen about a 1.14% volatility. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since October 4, 2016 and is downtrending. It also reduced its holding in Veeva Sys Inc (NYSE:VEEV) by 951,274 shares in the quarter, leaving it with 6.47M shares, and cut its stake in Evercore Partners Inc (NYSE:EVR). SRS Capital Advisors Inc. purchased a new stake in shares of CVS Health Corp during the fourth quarter valued at $120,000. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the stock. Therefore 79% are positive.

CVS has been the subject of several recent research reports. As per Friday, October 14, the company rating was maintained by Stifel Nicolaus. Deutsche Bank maintained it with "Hold" rating and $40 target in Friday, June 17 report. The rating was maintained by Oppenheimer with "Buy" on Tuesday, August 8. The firm earned "Buy" rating on Thursday, October 6 by UBS. Benchmark maintained the shares of MANH in report on Wednesday, July 22 with "Buy" rating. The stock has "Neutral" rating by Robert W. Baird on Thursday, February 2. The rating was upgraded by Janney Capital on Monday, August 10 to "Neutral".

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: "Target Goes For It" published on September 19, 2017 as well as Seekingalpha.com's news article titled: "Target: Ideal Buy-And-Hold Investment?" with publication date: September 28, 2017. Analysts expect that CVS Health Corporation will post $5.88 EPS for the current fiscal year.

We can now shift our focus to some alternate company data on shares of CVS Health Corporation (NYSE:CVS). The ex-dividend date is Wednesday, April 19th. Robeco Institutional Asset Management Bv accumulated 0.4% or 1.23 million shares. The original version of this report can be viewed at https://www.truebluetribune.com/2017/10/03/argyle-capital-management-inc-increases-stake-in-cvs-health-corporation-cvs.html.

Investors sentiment decreased to 0.92 in Q2 2017.

Since April 5, 2017, it had 1 buying transaction, and 0 insider sales for $59,953 activity. It is negative, as 84 investors sold CVS shares while 559 reduced holdings. 159 funds opened positions while 684 raised stakes. The stock declined 1.12% or $0.91 reaching $80 per share.

About CVS Pharmacy CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America's leading retail pharmacy with 9,700 locations. The company was able to keep return on investment at 9.90% in the last twelve months. "Buys CVS Health Corp, Dollar General Corp ..." on October 02, 2017. Sg Americas Lc holds 128,471 shares or 0.09% of its portfolio. Gotham Asset Mgmt Ltd holds 0.86% or 761,094 shares in its portfolio. Guggenheim reaffirmed a "buy" rating on shares of CVS Health Corp in a research note on Monday, July 3rd. Insiders own 0.61% of the company's stock. 35,581 were reported by Rand Wealth Limited. Papp L Roy And invested in 0.11% or 6,349 shares. Kentucky Retirement Insurance Trust Fund owns 27,902 shares or 0.4% of their USA portfolio. Brown Advisory Inc owns 355,723 shares. The company had revenue of $45.69 billion for the quarter, compared to analyst estimates of $45.36 billion. Therefore 57% are positive. According to these analysts, the Low Revenue Estimate for CVS Health Corporation is 45.88 Billion and the High Revenue Estimate is 46.29 Billion. Jefferies maintained CVS Health Corp (NYSE:CVS) rating on Wednesday, August 16. The firm has "Hold" rating by Jefferies given on Friday, September 15. Moreover, Meiji Yasuda Life Ins has 0.47% invested in CVS Health Corp (NYSE:CVS) for 38,147 shares. Drexel Morgan And stated it has 0.4% of its portfolio in CVS Health Corp (NYSE:CVS). According to today's trading volume CVS Health Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. On Tuesday, January 12 the stock rating was initiated by Brean Capital with "Buy". The stock of CVS Health Corp (NYSE:CVS) has "Hold" rating given on Friday, June 9 by Jefferies. The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 1.5%. Insider ownership during the past year has decreased by a net of 1.03 million shares.

Sterling Investment Management Inc. boosted its holdings in shares of CVS Health Corporation (NYSE:CVS) by 7.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).



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