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CVS Health (CVS) Stake Lessened by Brown Advisory Securities LLC

16 April 2018

National Asset Management Inc decreased Wells Fargo Co New (WFC) stake by 56.64% reported in 2017Q4 SEC filing. Moreover, Fulton Commercial Bank Na has 0.17% invested in CVS Health Corporation (NYSE:CVS).

CVS stock traded down $0.57 during trading on Friday, reaching $63.43. Finally, Arcadia Investment Management Corp MI raised its position in shares of CVS Health Corporation by 5.9% in the third quarter. Comerica Natl Bank invested 0.25% of its portfolio in CVS Health Corporation (NYSE:CVS). The stock underperformed the S&P500 by 34.36%.

Three Peaks Capital Management Llc increased its stake in Kar Auction Svcs Inc (KAR) by 28.64% based on its latest 2017Q4 regulatory filing with the SEC. (CVS)'s stock declined 17.45%. The institutional investor held 4.30 million shares of the medical and nursing services company at the end of 2017Q4, valued at $311.51M, down from 5.85M at the end of the previous reported quarter. Three Peaks Capital Management Llc who had been investing in Kar Auction Svcs Inc for a number of months, seems to be bullish on the $7.18 billion market cap company. The stock decreased 3.43% or $1.81 during the last trading session, reaching $50.89. (NASDAQ:FOXA) has risen 14.36% since April 15, 2017 and is uptrending. On Monday, November 2 the stock rating was maintained by Oppenheimer with "Outperform".

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on May, 1. 19,965 shares valued at $1.42 million were sold by Foulkes Helena on Friday, February 16. If CVS's EPS is $1.40 the profit will hit $1.42B for 11.33 P/E. After $1.92 actual EPS reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts -27.08% negative EPS growth.

Since February 16, 2018, it had 0 insider purchases, and 1 sale for $1.42 million activity. Bank of America cut their target price on CVS Health from $91.00 to $88.00 and set a "buy" rating for the company in a research note on Wednesday. Therefore 73% are positive. Ameriprise Financial Inc. increased its holdings in shares of CVS Health by 30.2% in the 3rd quarter. Oppenheimer & has invested 0.12% in CVS Health Corporation (NYSE:CVS). On Monday, November 13 the stock of CVS Health Corporation (NYSE:CVS) has "Neutral" rating given by Citigroup. The firm has "Market Perform" rating given on Friday, October 23 by BMO Capital Markets.

In other CVS Health Corporation news, EVP Jonathan C. Roberts sold 61,196 shares of the firm's stock in a transaction that occurred on Thursday, February 16th. Tigress Financial maintained the stock with "Buy" rating in Tuesday, December 26 report. On Thursday, February 8 the stock of CVS Health Corporation (NYSE:CVS) has "Buy" rating given by RBC Capital Markets. Robert W. Baird has "Hold" rating and $77.0 target. The rating was maintained by Mizuho with "Buy" on Wednesday, January 24.

Among 12 analysts covering KAR Auction Services (NYSE:KAR), 10 have Buy rating, 0 Sell and 2 Hold. The rating was maintained by Jefferies with "Hold" on Friday, June 9. (NASDAQ:FOXA) rating on Thursday, November 9.

Cadinha & Co Llc, which manages about $952.64 million and $723.95 million US Long portfolio, upped its stake in Schwab Charles Corp (NYSE:SCHW) by 139,959 shares to 317,239 shares, valued at $16.30M in 2017Q4, according to the filing.

Investors of record on Monday, April 23rd will be given a dividend of $0.50 per share. It has change of 0.16, from 2017Q3's 0.88. 115 investors sold all, 600 reduced holdings as CVS ratio fall. 815.59 million shares or 1.76% more from 801.45 million shares in 2017Q3 were reported. Victory Cap Mgmt holds 0.04% or 284,758 shares in its portfolio. The Roffman Miller Associates Inc holds 142,641 shares with $10.34 million value, down from 151,952 last quarter. Its down 11.27% from 1.13M shares previously. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of CVS Health by 17.9% during the 4th quarter. The shares were sold at an average price of $71.04, for a total transaction of $1,418,313.60. Jane Street Group Inc Ltd Com holds 0.03% in CVS Health Corporation (NYSE:CVS) or 134,178 shares. Holt Capital Advisors Ltd Com Dba Holt Capital Prtnrs Lp holds 0.13% of its portfolio in CVS Health Corporation (NYSE:CVS) for 5,618 shares. Moreover, Verity Asset Mgmt has 0.48% invested in CVS Health Corporation (NYSE:CVS). Davenport Ltd reported 730,799 shares. The Manufacturers Life Insurance Company now owns 4,818,244 shares of the pharmacy operator's stock worth $349,322,000 after acquiring an additional 2,889,561 shares during the last quarter. Fort Washington Investment Advsrs Incorporated Oh holds 103,527 shares or 0.07% of its portfolio. Cim Inv Mangement, a Pennsylvania-based fund reported 14,671 shares. Assetmark Inc reported 0% stake.

Since November 17, 2017, it had 0 insider buys, and 1 insider sale for $292,234 activity. Coho Limited has 2.04 million shares for 3.65% of their portfolio. About 3.23M shares traded.

Among 9 analysts covering MSCI Inc. The firm is expected to issue its next earnings report before the market opens on Wednesday, May 2nd. They expect $1.19 EPS, down 19.59% or $0.29 from last year's $1.48 per share. T_VNR's profit would be $34.34M giving it 5.76 P/E if the $0.88 EPS is correct. Robert W. Baird maintained CVS Health Corporation (NYSE:CVS) on Friday, October 27 with "Hold" rating. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.52 and a current ratio of 1.02. It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 107 funds opened positions while 353 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. APG Asset Management N.V. now owns 6,023,527 shares of the pharmacy operator's stock valued at $363,679,000 after acquiring an additional 1,813,500 shares during the last quarter. Blackrock Inc reported 0.02% of its portfolio in WageWorks, Inc.