Rayonier (RYN) Shareholder Baker Ellis Asset Management Has Cut Position as Market Valuation Rose; As Cvs Health (CVS) Shares Declined, Loudon Investment Management Has Raised by $1.31 Million Its Holding

June 22, 2018 - By Richard Conner

CVS Health Corporation (NYSE:CVS) Logo

Baker Ellis Asset Management Llc decreased its stake in Rayonier (RYN) by 84.46% based on its latest 2018Q1 regulatory filing with the SEC. Baker Ellis Asset Management Llc sold 56,684 shares as the company’s stock rose 10.86% while stock markets declined. The institutional investor held 10,427 shares of the real estate investment trusts company at the end of 2018Q1, valued at $367,000, down from 67,111 at the end of the previous reported quarter. Baker Ellis Asset Management Llc who had been investing in Rayonier for a number of months, seems to be less bullish one the $4.89B market cap company. The stock decreased 1.15% or $0.44 during the last trading session, reaching $37.92. About 897,746 shares traded. Rayonier Inc. (NYSE:RYN) has risen 36.60% since June 22, 2017 and is uptrending. It has outperformed by 24.03% the S&P500. Some Historical RYN News: 21/05/2018 – RAYONIER REPORTS 8% DIV BOOST; 02/05/2018 – RAYONIER 1Q PROFORMA REV. $203.2M; 11/04/2018 Rayonier Scheduled to Release First Quarter Earnings on May 2; 02/05/2018 – RAYONIER ON TRACK TO ACHIEVE ’18 ADJUSTED EBITDA GUIDANCE; 21/05/2018 – RAYONIER INC RYN.N : BMO RAISES TARGET PRICE TO $34 FROM $31; 21/05/2018 – RAYONIER BOOSTS QTR DIV TO 27C/SHR FROM 25C, EST. 25C; 21/05/2018 – Rayonier Announces 8% Dividend Increase; 02/05/2018 – Rayonier 1Q EPS 31c; 21/04/2018 – DJ Rayonier Inc, Inst Holders, 1Q 2018 (RYN); 21/05/2018 – RAYONIER INC RYN.N SETS QUARTERLY CASH DIVIDEND OF $0.27/SHR

Loudon Investment Management Llc increased its stake in Cvs Health Corp (CVS) by 254.61% based on its latest 2018Q1 regulatory filing with the SEC. Loudon Investment Management Llc bought 21,140 shares as the company’s stock declined 3.22% with the market. The institutional investor held 29,443 shares of the medical and nursing services company at the end of 2018Q1, valued at $1.83 million, up from 8,303 at the end of the previous reported quarter. Loudon Investment Management Llc who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $72.26 billion market cap company. The stock decreased 0.73% or $0.52 during the last trading session, reaching $71.08. About 6.16M shares traded. CVS Health Corporation (NYSE:CVS) has declined 13.06% since June 22, 2017 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical CVS News: 07/03/2018 – Aetna/CVS: Senate antitrust hearing on ice until AT&T trial decision – source familiar; 02/05/2018 – CVS Is `Moving Forward’ With Aetna Deal, Suspends Buyback Plan; 06/03/2018 – Bloomberg Markets: CVS $40 Billion Bond Sale; 11/04/2018 – TABLE-CVS Bay 2687.T -2017/18 group results; 02/05/2018 – CVS Health Still Sees Aetna Deal Closing in Second Half of 2018; 02/05/2018 – CVS Health 1Q Retail/LTC Revenue Rose 5.6% to $20.4B; 26/03/2018 – Hartford HLS Exits CVS, Cuts Microsoft, Buys More Danaher; 23/04/2018 – Glenview’s Robbins says talk of Amazon’s entering pharma is overblown; 22/03/2018 – Moody’s Affirms Three and Upgrades One Class of GMAC 1999-C2; 20/03/2018 – CVS Health Appoints Derica W. Rice as President of CVS Caremark

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.18, from 0.72 in 2017Q4. It increased, 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. Stack Finance Management Incorporated stated it has 270,496 shares. Aspiriant Limited Liability Company has invested 0.07% in CVS Health Corporation (NYSE:CVS). Coastline Trust Com owns 28,054 shares for 0.27% of their portfolio. Delta Cap Mgmt Limited Company invested in 1.18% or 28,830 shares. Schroder Inv Grp Inc stated it has 1.80 million shares. Coatue Mngmt Ltd Company stated it has 0% in CVS Health Corporation (NYSE:CVS). Bokf Na invested in 0.09% or 51,904 shares. Japan-based Meiji Yasuda Asset Mngmt Ltd has invested 0.22% in CVS Health Corporation (NYSE:CVS). Mariner Wealth Advisors holds 0.13% or 33,516 shares. 387,132 are owned by Deprince Race & Zollo. Ivory Inv Management Limited Liability stated it has 4.21% in CVS Health Corporation (NYSE:CVS). Toth Advisory Corporation, a Virginia-based fund reported 87,213 shares. Moreover, Ny State Common Retirement Fund has 0.23% invested in CVS Health Corporation (NYSE:CVS) for 3.01M shares. Wealth Architects Ltd holds 0.07% in CVS Health Corporation (NYSE:CVS) or 3,488 shares. Massachusetts-based Excalibur has invested 2.48% in CVS Health Corporation (NYSE:CVS).

Since February 16, 2018, it had 2 buys, and 1 insider sale for $713,454 activity. DORMAN DAVID W bought $1.51M worth of stock. Foulkes Helena sold $1.42 million worth of CVS Health Corporation (NYSE:CVS) on Friday, February 16.

More recent CVS Health Corporation (NYSE:CVS) news were published by: Fool.com which released: “Why CVS Health, Foundation Medicine, and Solid Biosciences Jumped Today” on June 19, 2018. Also Prnewswire.com published the news titled: “CVS Health Statement Regarding Ohio Department of Medicaid’s Report on PBM Performance for Managed Care Plans” on June 21, 2018. Seekingalpha.com‘s news article titled: “CVS And Aetna Are Changing The Healthcare Paradigm” with publication date: June 18, 2018 was also an interesting one.

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 stock of CVS Health Corporation (NYSE:CVS) has “Buy” rating given on Wednesday, May 2 by Oppenheimer. Jefferies maintained the shares of CVS in report on Friday, September 15 with “Hold” rating. The firm earned “Hold” rating on Wednesday, August 16 by Wolfe Research. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by SunTrust on Thursday, January 4. The firm has “Buy” rating given on Tuesday, August 8 by Oppenheimer. The firm has “Outperform” rating given on Wednesday, August 5 by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Wednesday, August 16 report. The company was initiated on Friday, April 28 by Tigress Financial. Bank of America maintained the stock with “Buy” rating in Wednesday, April 11 report. The company was maintained on Friday, November 3 by Citigroup.

Loudon Investment Management Llc, which manages about $170.56M and $127.24M US Long portfolio, decreased its stake in Coach Inc (NYSE:COH) by 37,465 shares to 32,555 shares, valued at $1.15M in 2018Q1, according to the filing. It also reduced its holding in Telus Corp (NYSE:TU) by 31,801 shares in the quarter, leaving it with 2,879 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Among 8 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Rayonier had 24 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets downgraded Rayonier Inc. (NYSE:RYN) on Monday, August 14 to “Market Perform” rating. The stock of Rayonier Inc. (NYSE:RYN) earned “Buy” rating by Vertical Research on Friday, May 26. BMO Capital Markets maintained the shares of RYN in report on Wednesday, November 1 with “Hold” rating. The stock of Rayonier Inc. (NYSE:RYN) has “Outperform” rating given on Monday, January 9 by Raymond James. On Friday, February 10 the stock rating was downgraded by DA Davidson to “Neutral”. Buckingham Research upgraded Rayonier Inc. (NYSE:RYN) on Thursday, August 6 to “Buy” rating. The firm earned “Hold” rating on Friday, February 9 by RBC Capital Markets. The firm earned “Sell” rating on Tuesday, September 22 by Zacks. The stock of Rayonier Inc. (NYSE:RYN) has “Hold” rating given on Sunday, July 30 by RBC Capital Markets. The stock has “Buy” rating by BMO Capital Markets on Thursday, June 22.

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on August, 1. They expect $0.20 EPS, 0.00% or $0.00 from last year’s $0.2 per share. RYN’s profit will be $25.78 million for 47.40 P/E if the $0.20 EPS becomes a reality. After $0.31 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -35.48% negative EPS growth.

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