As Cvs Health (CVS) Market Valuation Declined, Holder Vigilant Capital Management Has Decreased Its Position; Schlumberger LTD (SLB) Shareholder W-G Shaheen & Associates Dba Whitney & Co Increased Holding by $509,468 as Stock Declined

April 23, 2018 - By Darrin Black

CVS Health Corporation (NYSE:CVS) Logo

Vigilant Capital Management Llc decreased its stake in Cvs Health Corp (CVS) by 57.78% based on its latest 2017Q4 regulatory filing with the SEC. Vigilant Capital Management Llc sold 77,086 shares as the company’s stock declined 17.45% with the market. The institutional investor held 56,338 shares of the medical and nursing services company at the end of 2017Q4, valued at $4.09M, down from 133,424 at the end of the previous reported quarter. Vigilant Capital Management Llc who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $66.55 billion market cap company. The stock increased 0.53% or $0.3456 during the last trading session, reaching $65.4656. About 2.16M shares traded. CVS Health Corporation (NYSE:CVS) has declined 22.81% since April 23, 2017 and is downtrending. It has underperformed by 34.36% the S&P500.

W-G Shaheen & Associates Dba Whitney & Co increased its stake in Schlumberger Ltd (SLB) by 32.17% based on its latest 2017Q4 regulatory filing with the SEC. W-G Shaheen & Associates Dba Whitney & Co bought 7,604 shares as the company’s stock declined 4.39% with the market. The institutional investor held 31,244 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $2.11 million, up from 23,640 at the end of the previous reported quarter. W-G Shaheen & Associates Dba Whitney & Co who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $94.88B market cap company. The stock decreased 1.11% or $0.77 during the last trading session, reaching $68.46. About 3.98 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 23, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Thursday, December 21. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Wednesday, October 21 by Citigroup. The rating was maintained by Citigroup with “Buy” on Wednesday, October 25. The firm has “Equal-Weight” rating given on Wednesday, June 21 by Barclays Capital. The rating was maintained by Credit Suisse on Monday, April 4 with “Outperform”. The stock has “Buy” rating by Argus Research on Thursday, August 27. The company was maintained on Monday, October 5 by Citigroup. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, June 21. SunTrust initiated the shares of SLB in report on Wednesday, January 18 with “Hold” rating. The firm has “Neutral” rating by Guggenheim given on Tuesday, May 10.

Investors sentiment decreased to 0.66 in Q4 2017. Its down 0.22, from 0.88 in 2017Q3. It turned negative, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. Hanson Mcclain reported 1,067 shares. Teachers Retirement Sys Of The State Of Kentucky has 315,343 shares. 22,541 were reported by Brown Advisory Llc. Barnett & holds 0.01% or 197 shares in its portfolio. Wealthtrust invested 0.02% of its portfolio in Schlumberger Limited (NYSE:SLB). Guardian Cap Advsrs Lp reported 2,705 shares. Baldwin Brothers Ma invested in 4,708 shares or 0.05% of the stock. Roundview Capital Lc accumulated 8,436 shares. Raab & Moskowitz Asset Mgmt holds 0.15% of its portfolio in Schlumberger Limited (NYSE:SLB) for 4,631 shares. Palisade Asset Management Ltd Liability holds 0.38% of its portfolio in Schlumberger Limited (NYSE:SLB) for 35,206 shares. First United National Bank invested 0.51% in Schlumberger Limited (NYSE:SLB). Ubs Oconnor Ltd Llc has 29,819 shares. Adams Natural Res Fund has invested 5.3% in Schlumberger Limited (NYSE:SLB). Beach Inv Management Ltd Limited Liability Company holds 0.66% of its portfolio in Schlumberger Limited (NYSE:SLB) for 6,380 shares. Orleans Mgmt La accumulated 22,377 shares or 1.07% of the stock.

Since October 24, 2017, it had 3 insider purchases, and 2 sales for $6.71 million activity. $1.96 million worth of stock was sold by Guild Howard on Monday, January 22. Another trade for 10,000 shares valued at $646,800 was made by KIBSGAARD PAAL on Monday, March 26. Shares for $5.91 million were sold by AYAT SIMON on Wednesday, January 24. Schorn Patrick also bought $323,950 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26. On Wednesday, March 28 the insider Al Mogharbel Khaled bought $192,900.

W-G Shaheen & Associates Dba Whitney & Co, which manages about $275.21M and $345.28 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 159,718 shares to 22,703 shares, valued at $396,000 in 2017Q4, according to the filing. It also reduced its holding in At&T Inc (NYSE:T) by 22,315 shares in the quarter, leaving it with 123,352 shares, and cut its stake in M & T Bk Corp (NYSE:MTB).

Investors sentiment decreased to 0.72 in Q4 2017. Its down 0.16, from 0.88 in 2017Q3. It is negative, as 115 investors sold CVS shares while 600 reduced holdings. 134 funds opened positions while 380 raised stakes. 815.59 million shares or 1.76% more from 801.45 million shares in 2017Q3 were reported. Ing Groep Nv has 92,024 shares for 0.11% of their portfolio. New Mexico Educational Retirement Board holds 0.27% or 97,687 shares. Ssi Mngmt has invested 0.02% of its portfolio in CVS Health Corporation (NYSE:CVS). Rodgers Brothers Incorporated reported 3,731 shares. Bridges Inv Management stated it has 4,374 shares or 0.03% of all its holdings. Princeton Port Strategies Gru Ltd Liability Com holds 0.38% of its portfolio in CVS Health Corporation (NYSE:CVS) for 19,055 shares. Teachers Retirement Sys Of The State Of Kentucky reported 0.2% in CVS Health Corporation (NYSE:CVS). California-based Weatherly Asset Mngmt LP has invested 0.57% in CVS Health Corporation (NYSE:CVS). Capital Advsr Inc Ok holds 0.04% of its portfolio in CVS Health Corporation (NYSE:CVS) for 8,261 shares. Spf Beheer Bv has 817,788 shares. Somerville Kurt F accumulated 189,042 shares or 2.83% of the stock. Sterling Cap Limited Liability Com invested 0.78% in CVS Health Corporation (NYSE:CVS). Moreover, Earnest Ltd Limited Liability Company has 0% invested in CVS Health Corporation (NYSE:CVS). Renaissance Technology reported 1.89M shares. Cape Cod Five Cents Commercial Bank reported 0.06% in CVS Health Corporation (NYSE:CVS).

Vigilant Capital Management Llc, which manages about $610.61M and $760.48M US Long portfolio, upped its stake in Iq Global Resources Etf (GRES) by 28,265 shares to 537,564 shares, valued at $15.36M in 2017Q4, according to the filing. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 7,525 shares in the quarter, for a total of 23,442 shares, and has risen its stake in Us Bancorp (NYSE:USB).

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on May, 2 before the open. They expect $1.40 earnings per share, up 19.66% or $0.23 from last year’s $1.17 per share. CVS’s profit will be $1.42 billion for 11.69 P/E if the $1.40 EPS becomes a reality. After $1.92 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts -27.08% negative EPS growth.

Among 26 analysts covering CVS Health (NYSE:CVS), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 73% are positive. CVS Health had 76 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $87 target in Thursday, August 17 report. The stock of CVS Health Corporation (NYSE:CVS) earned “Hold” rating by Deutsche Bank on Thursday, August 20. The stock of CVS Health Corporation (NYSE:CVS) has “Buy” rating given on Thursday, October 6 by UBS. RBC Capital Markets maintained it with “Buy” rating and $95.0 target in Monday, December 4 report. The stock has “Buy” rating by RBC Capital Markets on Thursday, February 8. Robert W. Baird downgraded CVS Health Corporation (NYSE:CVS) rating on Thursday, February 2. Robert W. Baird has “Neutral” rating and $77 target. Vetr upgraded CVS Health Corporation (NYSE:CVS) rating on Monday, August 24. Vetr has “Buy” rating and $117.98 target. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Wednesday, August 16 by Jefferies. On Thursday, December 17 the stock rating was downgraded by Goldman Sachs to “Neutral”. Jefferies maintained the shares of CVS in report on Friday, September 15 with “Hold” rating.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

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