Country Club Trust Company n.a. boosted its holdings in shares of CVS Health Corporation (NYSE:CVS) by 0.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,056 shares of the pharmacy operator’s stock after buying an additional 15 shares during the period. Country Club Trust Company n.a.’s holdings in CVS Health Corporation were worth $6,843,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Perkins Coie Trust Co raised its holdings in CVS Health Corporation by 7.9% during the second quarter. Perkins Coie Trust Co now owns 26,741 shares of the pharmacy operator’s stock worth $2,152,000 after buying an additional 1,948 shares during the last quarter. Cardinal Capital Management Inc. raised its holdings in CVS Health Corporation by 14.2% during the second quarter. Cardinal Capital Management Inc. now owns 153,400 shares of the pharmacy operator’s stock worth $12,343,000 after buying an additional 19,095 shares during the last quarter. BKD Wealth Advisors LLC raised its holdings in CVS Health Corporation by 6.1% during the second quarter. BKD Wealth Advisors LLC now owns 6,297 shares of the pharmacy operator’s stock worth $507,000 after buying an additional 364 shares during the last quarter. Factory Mutual Insurance Co. raised its holdings in CVS Health Corporation by 0.7% during the second quarter. Factory Mutual Insurance Co. now owns 1,415,500 shares of the pharmacy operator’s stock worth $113,892,000 after buying an additional 10,000 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. raised its holdings in CVS Health Corporation by 1.7% during the second quarter. Stock Yards Bank & Trust Co. now owns 21,679 shares of the pharmacy operator’s stock worth $1,744,000 after buying an additional 370 shares during the last quarter. Hedge funds and other institutional investors own 81.49% of the company’s stock.

CVS has been the topic of several research reports. Needham & Company LLC restated a “hold” rating on shares of CVS Health Corporation in a report on Sunday, September 10th. ValuEngine downgraded shares of CVS Health Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub downgraded shares of CVS Health Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Guggenheim reiterated a “buy” rating on shares of CVS Health Corporation in a report on Monday, July 3rd. Finally, Vetr upgraded shares of CVS Health Corporation from a “buy” rating to a “strong-buy” rating and set a $87.97 target price for the company in a report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $90.58.

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In other news, EVP Thomas M. Moriarty sold 90,267 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $79.61, for a total transaction of $7,186,155.87. Following the completion of the sale, the executive vice president now owns 70,102 shares of the company’s stock, valued at approximately $5,580,820.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Helena Foulkes sold 20,333 shares of the company’s stock in a transaction dated Monday, June 26th. The shares were sold at an average price of $80.00, for a total transaction of $1,626,640.00. Following the sale, the executive vice president now directly owns 59,301 shares of the company’s stock, valued at approximately $4,744,080. The disclosure for this sale can be found here. Insiders have sold a total of 591,328 shares of company stock valued at $47,927,439 in the last ninety days. Insiders own 0.61% of the company’s stock.

CVS Health Corporation (CVS) traded down 0.04% during trading on Tuesday, reaching $83.28. 2,418,503 shares of the company traded hands. CVS Health Corporation has a 52 week low of $69.30 and a 52 week high of $90.85. The company’s 50-day moving average price is $79.02 and its 200 day moving average price is $78.96. The firm has a market capitalization of $84.66 billion, a price-to-earnings ratio of 16.59 and a beta of 0.92.

CVS Health Corporation (NYSE:CVS) last released its quarterly earnings results on Tuesday, August 8th. The pharmacy operator reported $1.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.31 by $0.02. CVS Health Corporation had a net margin of 2.93% and a return on equity of 17.47%. The firm had revenue of $45.69 billion during the quarter, compared to analyst estimates of $45.36 billion. During the same quarter in the prior year, the firm earned $1.32 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities research analysts expect that CVS Health Corporation will post $5.88 EPS for the current year.

CVS Health Corporation Profile

CVS Health Corporation, together with its subsidiaries, is an integrated pharmacy healthcare company. The Company provides pharmacy care for the senior community through Omnicare, Inc (Omnicare) and Omnicare’s long-term care (LTC) operations, which include distribution of pharmaceuticals, related pharmacy consulting and other ancillary services to chronic care facilities and other care settings.

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Institutional Ownership by Quarter for CVS Health Corporation (NYSE:CVS)

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