Cvs Health (CVS) Shares Declined While Comerica Securities Cut Its Holding; Lsv Asset Management Lowered Teradyne (TER) Holding by $6.03 Million as Shares Declined

June 14, 2018 - By Adrian Erickson

CVS Health Corporation (NYSE:CVS) Logo

Comerica Securities Inc decreased its stake in Cvs Health Corp (CVS) by 11.48% based on its latest 2018Q1 regulatory filing with the SEC. Comerica Securities Inc sold 6,744 shares as the company’s stock declined 3.22% with the market. The institutional investor held 52,005 shares of the medical and nursing services company at the end of 2018Q1, valued at $3.24M, down from 58,749 at the end of the previous reported quarter. Comerica Securities Inc who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $70.50B market cap company. The stock increased 1.36% or $0.93 during the last trading session, reaching $69.34. About 5.97M shares traded. CVS Health Corporation (NYSE:CVS) has declined 13.06% since June 14, 2017 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical CVS News: 03/05/2018 – CVS Group Closes Above 50-Day Moving Average: Technicals; 02/05/2018 – CVS Health Recognized By DiversityInc as Top 50 Company for Diversity For Second Year in a Row; 18/04/2018 – Phoenix VA Health Care System, TriWest and CVS Health Mark First Anniversary of Program that Expands Veterans’ Access to Health; 30/04/2018 – Fidelity Magellan Adds 2U, Exits CVS, Cuts Walmart; 13/03/2018 – CVS HEALTH HOLDERS APPROVE AETNA PURCHASE; 09/03/2018 – Blockbuster CVS Sale Masks Turmoil in U.S. Corporate Bond Market; 25/05/2018 – REG-CVs of Proposed Members of the Council of JSC Olainfarm; 11/05/2018 – CVS Health Comments on Trump Drug Cost Proposals; 20/03/2018 – CVS Agreed to Buy Aetna Late Last Year; 02/05/2018 – CVS Health 1Q Cont Ops EPS 98c

Lsv Asset Management decreased its stake in Teradyne Inc. (TER) by 17.65% based on its latest 2018Q1 regulatory filing with the SEC. Lsv Asset Management sold 134,000 shares as the company’s stock declined 14.92% with the market. The institutional investor held 625,300 shares of the capital goods company at the end of 2018Q1, valued at $28.58M, down from 759,300 at the end of the previous reported quarter. Lsv Asset Management who had been investing in Teradyne Inc. for a number of months, seems to be less bullish one the $7.47B market cap company. The stock increased 0.26% or $0.1 during the last trading session, reaching $39.03. About 1.83 million shares traded. Teradyne, Inc. (NYSE:TER) has risen 9.59% since June 14, 2017 and is uptrending. It has underperformed by 2.98% the S&P500. Some Historical TER News: 24/04/2018 – Teradyne Reports Revenue and Earnings Growth in First Quarter 2018; 02/05/2018 – Wells Capital Management Inc. Exits Position in Teradyne; 25/04/2018 – TERADYNE – ACQUISITION OF MIR OF ODENSE, DENMARK FOR EUR 121 MLN NET OF CASH ACQUIRED PLUS EUR 101 MLN IF SOME PERFORMANCE TARGETS MET THROUGH 2020; 25/04/2018 – TERADYNE PURCHASES PRIVATELY HELD MIR OF ODENSE; 15/05/2018 – Elliott Takes New Stakes in Teradyne, Debt-Laden Windstream; 08/05/2018 – Teradyne Declares Dividend of 9c; 18/04/2018 APPLE IS SAID TO HAVE TERADYNE TEST POWER-MANAGEMENT CHIPS: EDN; 25/04/2018 – Teradyne to Pay Up to Additional $124M if Performance Targets Met; 24/04/2018 – Teradyne 1Q EPS 43c; 25/04/2018 – Teradyne and Mobile Industrial Robots (MiR) Announce Teradyne’s Acquisition of MiR, Leader in Collaborative Autonomous Mobil

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on August, 14. They expect $1.61 earnings per share, up 21.05% or $0.28 from last year’s $1.33 per share. CVS’s profit will be $1.64B for 10.77 P/E if the $1.61 EPS becomes a reality. After $1.48 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 8.78% EPS growth.

Since February 16, 2018, it had 2 insider buys, and 1 sale for $713,454 activity. Foulkes Helena sold 19,965 shares worth $1.42 million. 10,000 shares were bought by BROWN C DAVID II, worth $619,900.

Investors sentiment increased to 0.9 in 2018 Q1. Its up 0.18, from 0.72 in 2017Q4. It improved, as 97 investors sold CVS shares while 512 reduced holdings. 117 funds opened positions while 431 raised stakes. 821.03 million shares or 0.67% more from 815.59 million shares in 2017Q4 were reported. Earnest Ptnrs Limited Liability Corp stated it has 0% of its portfolio in CVS Health Corporation (NYSE:CVS). Kelly Lawrence W & Assoc Ca reported 2,082 shares. Psagot House holds 64,822 shares or 0.17% of its portfolio. Kj Harrison Partners has 0.11% invested in CVS Health Corporation (NYSE:CVS). Kistler reported 17,471 shares. Fulton Bank Na holds 0.15% of its portfolio in CVS Health Corporation (NYSE:CVS) for 35,384 shares. Middleton & Company Incorporated Ma invested in 28,653 shares. Epoch Inv has 0.04% invested in CVS Health Corporation (NYSE:CVS) for 203,231 shares. Robeco Institutional Asset Management Bv has 0.2% invested in CVS Health Corporation (NYSE:CVS). Balasa Dinverno And Foltz Ltd Liability holds 7,325 shares or 0.07% of its portfolio. Endurance Wealth Mgmt holds 73,332 shares or 0.77% of its portfolio. Carroll Financial Associates Incorporated invested 0.04% in CVS Health Corporation (NYSE:CVS). Pzena Invest Lc accumulated 703,641 shares or 0.22% of the stock. Nebraska-based Nelson Van Denburg And Campbell Wealth Management Group Limited Liability Co has invested 0% in CVS Health Corporation (NYSE:CVS). Dowling Yahnke Ltd Liability Company accumulated 0.36% or 62,440 shares.

More important recent CVS Health Corporation (NYSE:CVS) news were published by: 247Wallst.com which released: “What the Management Picture for CVS and Aetna Will Look Like Going Forward” on June 06, 2018, also Investorplace.com published article titled: “Trade of the Day: AmerisourceBergen Corporation (ABC)”, Bizjournals.com published: “Time Warner-AT&T deal could pave way for CVS-Aetna acquisition” on June 13, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) was released by: 247Wallst.com and their article: “Why The Huge AT&T Win May Bode Well For Other Takeover Targets” with publication date: June 13, 2018.

Comerica Securities Inc, which manages about $820.57 million and $797.40 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 1,464 shares to 33,111 shares, valued at $8.75M in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (IWM) by 21,952 shares in the quarter, for a total of 83,499 shares, and has risen its stake in Powershares Qqq Trust (QQQ).

Among 26 analysts covering CVS Health (NYSE:CVS), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 73% are positive. CVS Health had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, April 28 by Tigress Financial. Oppenheimer maintained CVS Health Corporation (NYSE:CVS) on Monday, November 2 with “Outperform” rating. Needham upgraded the shares of CVS in report on Friday, November 10 to “Buy” rating. Robert W. Baird maintained CVS Health Corporation (NYSE:CVS) rating on Monday, September 25. Robert W. Baird has “Hold” rating and $77.0 target. Atlantic Securities downgraded the stock to “Neutral” rating in Monday, February 6 report. The rating was maintained by Bank of America on Wednesday, April 11 with “Buy”. As per Friday, September 8, the company rating was maintained by Needham. As per Wednesday, July 22, the company rating was maintained by Deutsche Bank. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, June 20.

Lsv Asset Management, which manages about $82.68B and $62.96B US Long portfolio, upped its stake in The Marcus Corporation (NYSE:MCS) by 39,300 shares to 507,900 shares, valued at $15.41 million in 2018Q1, according to the filing. It also increased its holding in Kellogg Company (NYSE:K) by 156,700 shares in the quarter, for a total of 1.33 million shares, and has risen its stake in Src Energy Inc..

Among 18 analysts covering Teradyne (NYSE:TER), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Teradyne had 53 analyst reports since August 25, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $54 target in Wednesday, January 24 report. Needham maintained the stock with “Buy” rating in Thursday, October 26 report. Stifel Nicolaus upgraded Teradyne, Inc. (NYSE:TER) on Wednesday, July 5 to “Buy” rating. Needham maintained Teradyne, Inc. (NYSE:TER) rating on Wednesday, August 30. Needham has “Buy” rating and $40.0 target. The stock of Teradyne, Inc. (NYSE:TER) earned “Neutral” rating by Goldman Sachs on Wednesday, February 3. The stock of Teradyne, Inc. (NYSE:TER) earned “Buy” rating by Needham on Friday, January 27. The firm earned “Buy” rating on Tuesday, September 5 by KeyBanc Capital Markets. The stock of Teradyne, Inc. (NYSE:TER) earned “Overweight” rating by KeyBanc Capital Markets on Friday, July 28. The firm has “Hold” rating given on Monday, November 20 by Deutsche Bank. DA Davidson maintained the stock with “Buy” rating in Friday, July 29 report.

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.16, from 0.95 in 2017Q4. It is positive, as 43 investors sold TER shares while 118 reduced holdings. 53 funds opened positions while 125 raised stakes. 181.84 million shares or 2.01% less from 185.57 million shares in 2017Q4 were reported. Kames Capital Public Ltd Llc accumulated 0.54% or 460,392 shares. Tiaa Cref Invest Ltd Limited Liability Company has invested 0.02% of its portfolio in Teradyne, Inc. (NYSE:TER). Aperio Ltd Limited Liability Company accumulated 57,437 shares. Apg Asset Mngmt Nv invested 0.09% in Teradyne, Inc. (NYSE:TER). Bluemountain Cap Mngmt Ltd accumulated 308,483 shares. Swiss Bancorp has 0.02% invested in Teradyne, Inc. (NYSE:TER). Sei Com owns 0.05% invested in Teradyne, Inc. (NYSE:TER) for 269,880 shares. Clarivest Asset Lc owns 54,812 shares. Northern Trust has 0.02% invested in Teradyne, Inc. (NYSE:TER) for 1.53M shares. Mirae Asset Invs, Korea-based fund reported 17,192 shares. Schwab Charles Invest Management Incorporated reported 904,099 shares. Amalgamated National Bank accumulated 43,545 shares or 0.05% of the stock. Metropolitan Life Ins invested in 0% or 64,784 shares. Putnam Investments holds 0.01% of its portfolio in Teradyne, Inc. (NYSE:TER) for 96,278 shares. Moreover, California Employees Retirement Sys has 0.03% invested in Teradyne, Inc. (NYSE:TER).

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on July, 25. They expect $0.49 EPS, down 45.56% or $0.41 from last year’s $0.9 per share. TER’s profit will be $93.74M for 19.91 P/E if the $0.49 EPS becomes a reality. After $0.45 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts 8.89% EPS growth.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

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