Several other large investors have also recently made changes to their positions in CVS. Lathrop Investment Management Corp now owns 150,786 shares of the pharmacy operator's stock valued at $10,932,000 after buying an additional 6,831 shares in the last quarter.
Earnings per Share Details of CVS Health Corporation: The EPS of CVS is strolling at 5.05, measuring its EPS growth this year at 1.8%. Wealthcare Advisory Partners LLC now owns 1,291 shares of the pharmacy operator's stock worth $105,000 after buying an additional 991 shares during the period. Bright Rock Capital Management LLC now owns 111,000 shares of the pharmacy operator's stock valued at $8,048,000 after buying an additional 18,000 shares in the last quarter. Ashburton Jersey Ltd increased its holdings in shares of CVS Health by 3.9% during the third quarter. American International Group Inc. now owns 7,081,461 shares of the pharmacy operator's stock valued at $513,406,000 after purchasing an additional 6,590,370 shares during the period. Wagner Wealth Management LLC acquired a new position in CVS Health during the fourth quarter valued at approximately $114,000. Institutional investors and hedge funds own 83.36% of the company's stock. Following the completion of the acquisition, the director now directly owns 101,252 shares of the company's stock, valued at approximately $6,276,611.48.
CVS stock traded up $0.97 during trading on Friday, hitting $70.09. The firm has a market cap of $71.26 billion, a P/E ratio of 11.99, a PEG ratio of 0.98 and a beta of 1.00. The 52-week high of the stock is now $84.00 while its 52-weeks low stands at $60.14. The company has a current ratio of 2.37, a quick ratio of 1.88 and a debt-to-equity ratio of 1.59.
CVS Health Corporation (NYSE:CVS) has declined 13.06% since June 17, 2017 and is downtrending. Citigroup reported 1.40 million shares or 0.07% of all its holdings. In looking the SMA 200 we see that the stock has seen a -1.7%.The Company's net profit margin for the 12 months at 3.6%. The high and low revenue estimates for the current quarter are $46.77 Billion and $46.03 Billion, respectively. Over the trailing year, the stock is underperforming the S&P 500 by 14.06, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. During the same quarter previous year, the company earned $1.17 earnings per share. CVS Health Corporation was covered by a number of analysts recently, 8 rated the stock as Buy, 7 rated Outperform, 7 rated Hold, 0 gave an Underperform and 0 rated sell. The company started a curbside pick-up service a few years ago, and it was already offering deliveries from about 1,600 locations. Finally, Bank of America cut their target price on CVS Health from $91.00 to $88.00 and set a "buy" rating on the stock in a research note on Wednesday, April 11th. Leerink Swann set a $85.00 target price on CVS Health and gave the company a "buy" rating in a research report on Tuesday, April 10th. ValuEngine downgraded CVS Health from a "sell" rating to a "strong sell" rating in a research report on Tuesday, May 8th. Loop Capital set a $68.00 price target on CVS Health and gave the company a "hold" rating in a research report on Monday, May 7th.
Among 11 analysts covering Annaly Capital Management Inc (NYSE:NLY), 1 have Buy rating, 1 Sell and 9 Hold. The company now has an average rating of "Buy" and a consensus price target of $86.27. The Company serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, and Novologix names.