2 weeks Ago By Defense World Staff
William B. Walkup & Associates Inc. bought a new position in shares of CVS Health Co.
( NYSE:CVS – Free Report ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,485 shares of the pharmacy operator’s stock, valued at approximately $1,269,000. Several other institutional investors also recently bought and sold shares of CVS.
Ables Iannone Moore & Associates Inc. bought a new position in shares of CVS Health in the 4th quarter valued at approximately $32,000. First Community Trust NA raised its position in shares of CVS Health by 116.
2% in the second quarter. First Community Trust NA now owns 562 shares of the pharmacy operator’s stock valued at $33,000 after purchasing an additional 302 shares during the period. Creekmur Asset Management LLC acquired a new stake in shares of CVS Health in the fourth quarter worth $34,000.
Steph & Co. boosted its holdings in shares of CVS Health by 192.0% during the 1st quarter.
Steph & Co. now owns 438 shares of the pharmacy operator’s stock worth $35,000 after buying an additional 288 shares during the period. Finally, ORG Partners LLC grew its stake in CVS Health by 11,840.
0% in the 2nd quarter. ORG Partners LLC now owns 597 shares of the pharmacy operator’s stock valued at $35,000 after buying an additional 592 shares during the last quarter. 80.
66% of the stock is currently owned by institutional investors. CVS Health Stock Up 4.0 % Shares of NYSE:CVS opened at $61.
38 on Monday. The company has a market capitalization of $77.05 billion, a PE ratio of 10.
79, a P/E/G ratio of 0.81 and a beta of 0.53.
The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.66 and a current ratio of 0.
86. The company’s fifty day moving average is $58.20 and its 200-day moving average is $61.
87. CVS Health Co. has a 52 week low of $52.
77 and a 52 week high of $83.25. CVS Health Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st.
Stockholders of record on Monday, October 21st will be issued a dividend of $0.665 per share. This represents a $2.
66 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Monday, October 21st.
CVS Health’s payout ratio is presently 46.75%. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on the company.
Barclays lowered their price target on CVS Health from $65.00 to $63.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th.
Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $62.00 target price on shares of CVS Health in a report on Monday, September 16th. Royal Bank of Canada reiterated an “outperform” rating and set a $68.
00 price target on shares of CVS Health in a report on Wednesday, September 4th. Wells Fargo & Company raised their price objective on shares of CVS Health from $60.00 to $61.
00 and gave the stock an “equal weight” rating in a research note on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of CVS Health from $64.00 to $63.
00 and set a “hold” rating for the company in a research note on Friday, August 9th. Eleven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.
com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $72.10. View Our Latest Report on CVS About CVS Health ( Free Report ) CVS Health Corporation provides health solutions in the United States.
It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. Featured Articles Five stocks we like better than CVS Health The Basics of Support and Resistance Simon Property REIT: A Safe Bet for Growth and Steady Dividends 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion CarMax’s Impressive Rally: What Investors Should Watch Next What is an Earnings Surprise? MarketBeat Week in Review – 9/23 – 9/27 Receive News & Ratings for CVS Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVS Health and related companies with MarketBeat.
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