American Assets Investment Management Has Cut By $667,200 Its Cvs Health (CVS) Position; 12Th Street Asset Management Company Trimmed Its Packaging Amer (PKG) Position

December 6, 2017 - By Kurt Siggers

American Assets Investment Management Llc decreased Cvs Health Corp (CVS) stake by 35.73% reported in 2017Q2 SEC filing. American Assets Investment Management Llc sold 8,340 shares as Cvs Health Corp (CVS)’s

stock declined 4.23%. The American Assets Investment Management Llc holds 15,000 shares with $1.21M value, down from 23,340 last quarter. Cvs Health Corp now has $72.17 billion valuation. The stock increased 0.32% or $0.23 during the last trading session, reaching $71.24. About 9.33M shares traded or 9.00% up from the average. CVS Health Corporation (NYSE:CVS) has declined 24.40% since December 6, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

12Th Street Asset Management Company Llc decreased Packaging Corp Amer (PKG) stake by 6.46% reported in 2017Q2 SEC filing. 12Th Street Asset Management Company Llc sold 10,060 shares as Packaging Corp Amer (PKG)’s stock rose 4.29%. The 12Th Street Asset Management Company Llc holds 145,740 shares with $16.23M value, down from 155,800 last quarter. Packaging Corp Amer now has $11.00 billion valuation. The stock decreased 0.29% or $0.35 during the last trading session, reaching $117.42. About 366,380 shares traded. Packaging Corporation of America (NYSE:PKG) has risen 54.92% since December 6, 2016 and is uptrending. It has outperformed by 38.22% the S&P500.

American Assets Investment Management Llc increased Bank Amer Corp (NYSE:BAC) stake by 121,670 shares to 211,670 valued at $5.14 million in 2017Q2. It also upped Tanger Factory Outlet Ctrs I (NYSE:SKT) stake by 20,000 shares and now owns 75,000 shares. Kroger Co (NYSE:KR) was raised too.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on February, 8. They expect $1.90 earnings per share, up 11.11% or $0.19 from last year’s $1.71 per share. CVS’s profit will be $1.92 billion for 9.37 P/E if the $1.90 EPS becomes a reality. After $1.50 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 26.67% EPS growth.

Since June 12, 2017, it had 0 buys, and 1 insider sale for $18.44 million activity. Denton David M sold $18.44M worth of stock.

Among 25 analysts covering CVS Health (NYSE:CVS), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. CVS Health had 58 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Leerink Swann on Tuesday, November 7 with “Outperform”. As per Thursday, December 17, the company rating was downgraded by Goldman Sachs. As per Thursday, March 10, the company rating was reinitiated by Barclays Capital. The company was maintained on Friday, October 13 by SunTrust. Robert W. Baird maintained CVS Health Corporation (NYSE:CVS) rating on Monday, September 25. Robert W. Baird has “Hold” rating and $77.0 target. The company was maintained on Wednesday, August 16 by Jefferies. The stock of CVS Health Corporation (NYSE:CVS) earned “Equal-Weight” rating by Morgan Stanley on Monday, June 20. The stock has “Buy” rating by RBC Capital Markets on Monday, December 4. The rating was upgraded by Needham on Friday, November 10 to “Buy”. The rating was downgraded by Jefferies on Monday, December 12 to “Hold”.

Investors sentiment decreased to 0.92 in Q2 2017. Its down 0.17, from 1.09 in 2017Q1. It dived, as 84 investors sold CVS shares while 559 reduced holdings. 108 funds opened positions while 483 raised stakes. 803.96 million shares or 0.96% less from 811.73 million shares in 2017Q1 were reported. Donaldson Cap Mngmt Lc reported 21,760 shares or 0.2% of all its holdings. Hutchin Hill LP owns 0.14% invested in CVS Health Corporation (NYSE:CVS) for 53,700 shares. Buckhead Capital Management Lc reported 110,684 shares. Highstreet Asset Management Incorporated has 0.35% invested in CVS Health Corporation (NYSE:CVS) for 40,270 shares. Lowe Brockenbrough & Communication accumulated 29,908 shares. Central National Bank Com owns 14,833 shares. Dorsey And Whitney Tru Limited Liability holds 0.26% of its portfolio in CVS Health Corporation (NYSE:CVS) for 16,012 shares. Sns Grp Incorporated Llc reported 3,626 shares. Atria Invests Limited Liability Company holds 33,935 shares. Fernwood Invest Management Limited Co has invested 2.85% in CVS Health Corporation (NYSE:CVS). Td Mgmt Ltd invested in 1,284 shares. Susquehanna Interest Gp Llp reported 122,793 shares. Summit Financial Wealth Advsrs Ltd Liability Corp reported 0.09% stake. Jarislowsky Fraser has invested 0.8% in CVS Health Corporation (NYSE:CVS). Jennison Ltd Liability stated it has 0% in CVS Health Corporation (NYSE:CVS).

Analysts await Packaging Corporation of America (NYSE:PKG) to report earnings on January, 29. They expect $1.51 earnings per share, up 22.76% or $0.28 from last year’s $1.23 per share. PKG’s profit will be $141.42M for 19.44 P/E if the $1.51 EPS becomes a reality. After $1.68 actual earnings per share reported by Packaging Corporation of America for the previous quarter, Wall Street now forecasts -10.12% negative EPS growth.

Among 15 analysts covering Packaging Corporation of America (NYSE:PKG), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Packaging Corporation of America had 49 analyst reports since July 23, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Buy” rating in Friday, June 2 report. The rating was upgraded by Bank of America on Tuesday, October 18 to “Buy”. Deutsche Bank maintained the shares of PKG in report on Wednesday, August 10 with “Hold” rating. The rating was maintained by Jefferies on Thursday, July 14 with “Buy”. Goldman Sachs initiated the stock with “Sell” rating in Thursday, September 22 report. Barclays Capital downgraded the stock to “Equal-Weight” rating in Monday, February 6 report. On Tuesday, August 22 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Outperform” rating given on Wednesday, January 25 by BMO Capital Markets. The company was downgraded on Monday, July 10 by Wells Fargo. The rating was downgraded by Buckingham Research on Monday, July 18 to “Neutral”.

Investors sentiment decreased to 0.8 in Q2 2017. Its down 0.38, from 1.18 in 2017Q1. It is negative, as 43 investors sold PKG shares while 167 reduced holdings. 49 funds opened positions while 119 raised stakes. 80.86 million shares or 1.25% more from 79.87 million shares in 2017Q1 were reported. Syntal Cap Partners Lc has 0.05% invested in Packaging Corporation of America (NYSE:PKG) for 2,117 shares. Croft holds 2,420 shares. Missouri-based Benjamin F Edwards has invested 0% in Packaging Corporation of America (NYSE:PKG). Commonwealth Equity Inc has invested 0.01% of its portfolio in Packaging Corporation of America (NYSE:PKG). First Midwest Retail Bank Tru Division reported 10,600 shares stake. South Dakota Invest Council reported 11,200 shares. Tru Co Of Vermont has invested 0% in Packaging Corporation of America (NYSE:PKG). Prelude Cap Ltd Liability Corporation reported 950 shares or 0.01% of all its holdings. Asset Mngmt One Commerce Limited reported 153,715 shares. Putnam Invests Ltd Liability Corporation accumulated 0.03% or 121,801 shares. Santa Barbara Asset Mngmt Ltd Liability Com holds 1.34 million shares or 2.51% of its portfolio. Natixis stated it has 0.01% of its portfolio in Packaging Corporation of America (NYSE:PKG). Pub Employees Retirement System Of Ohio holds 0.03% or 41,224 shares in its portfolio. Logan Capital reported 2,840 shares. North Star Invest Management stated it has 0% in Packaging Corporation of America (NYSE:PKG).

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