As Twenty (FOX) Market Value Rose, Diamond Hill Capital Management Has Lowered Position by $129.86 Million; Cibc World Markets Has Upped Stake in Cvs Health (CVS) as Stock Declined

May 18, 2018 - By Peter Erickson

Twenty-First Century Fox, Inc. (NASDAQ:FOX) Logo

Cibc World Markets Corp increased its stake in Cvs Health Corp (CVS) by 33.78% based on its latest 2017Q4 regulatory filing with the SEC. Cibc World Markets Corp bought 77,437 shares as the company’s stock declined 17.45% with the market. The institutional investor held 306,688 shares of the medical and nursing services company at the end of 2017Q4, valued at $22.24 million, up from 229,251 at the end of the previous reported quarter. Cibc World Markets Corp who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $66.51 billion market cap company. The stock decreased 0.52% or $0.34 during the last trading session, reaching $65.42. About 1.08 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 22.81% since May 18, 2017 and is downtrending. It has underperformed by 34.36% the S&P500.




Ric Dillon decreased its stake in Twenty (FOX) by 53.28% based on its latest 2017Q4 regulatory filing with the SEC. Diamond Hill Capital Management Inc sold 3.82M shares as the company’s stock rose 3.92% while stock markets declined. The hedge fund run by Ric Dillon held 3.35M shares of the consumer services company at the end of 2017Q4, valued at $114.27 million, down from 7.17M at the end of the previous reported quarter. Diamond Hill Capital Management Inc who had been investing in Twenty for a number of months, seems to be less bullish one the $69.38 billion market cap company. The stock decreased 0.24% or $0.09 during the last trading session, reaching $37.19. About 988,200 shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOX) has risen 15.46% since May 18, 2017 and is uptrending. It has outperformed by 3.91% the S&P500.

Since February 16, 2018, it had 2 buys, and 1 insider sale for $713,454 activity. Foulkes Helena sold $1.42 million worth of CVS Health Corporation (NYSE:CVS) on Friday, February 16. 10,000 shares were bought by BROWN C DAVID II, worth $619,900 on Friday, May 4.

Cibc World Markets Corp, which manages about $13.92 billion US Long portfolio, decreased its stake in Freeport (NYSE:FCX) by 113,363 shares to 326,175 shares, valued at $6.18 million in 2017Q4, according to the filing. It also reduced its holding in Aetna Inc New (NYSE:AET) by 77,656 shares in the quarter, leaving it with 72,694 shares, and cut its stake in Northrop Grumman Corp Com (NYSE:NOC).

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Seekingalpha.com which released: “Trade Mistake 3: CVS Boredom Trade” on May 09, 2018, also 247Wallst.com with their article: “Alibaba, CVS, Tesla and Other Earnings to Watch For This Week” published on April 29, 2018, Seekingalpha.com published: “CVS Health: A Store-Level Look At The Proposed Healthcare Giant” on April 26, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “We Are Playing The CVS Hand” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “CVS: Going Long, And Understanding The Aetna Deal” with publication date: April 30, 2018.

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 has “Hold” rating by Robert W. Baird on Thursday, February 8. As per Tuesday, April 17, the company rating was maintained by SunTrust. As per Thursday, August 17, the company rating was maintained by Citigroup. The company was maintained on Wednesday, August 16 by Jefferies. The stock of CVS Health Corporation (NYSE:CVS) earned “Peer Perform” rating by Wolfe Research on Monday, August 14. The stock has “Buy” rating by Tigress Financial on Tuesday, December 26. Jefferies maintained CVS Health Corporation (NYSE:CVS) rating on Thursday, May 12. Jefferies has “Buy” rating and $122 target. SunTrust maintained the shares of CVS in report on Thursday, January 4 with “Buy” rating. The company was maintained on Monday, December 4 by RBC Capital Markets. Robert W. Baird maintained it with “Hold” rating and $77.0 target in Monday, September 25 report.

Investors sentiment decreased to 0.72 in Q4 2017. Its down 0.16, from 0.88 in 2017Q3. It worsened, 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. Amundi Pioneer Asset Incorporated reported 1.36M shares. Northcoast Asset Mgmt Limited Liability Co reported 36,010 shares. Meyer Handelman holds 0.37% in CVS Health Corporation (NYSE:CVS) or 105,833 shares. Voya Inv Mgmt Llc owns 0.11% invested in CVS Health Corporation (NYSE:CVS) for 734,224 shares. Stack Management holds 1.98% of its portfolio in CVS Health Corporation (NYSE:CVS) for 271,171 shares. Hamel has invested 0.36% in CVS Health Corporation (NYSE:CVS). 284,758 are held by Victory Capital Mngmt Inc. Trustmark Bancorporation Tru Department has invested 0.04% in CVS Health Corporation (NYSE:CVS). 10,000 are held by Loeb Partners Corporation. Thompson Invest Inc stated it has 91,281 shares. Exchange Capital Mngmt Incorporated has 1.21% invested in CVS Health Corporation (NYSE:CVS). Signaturefd Limited Liability holds 8,752 shares. Green Square Ltd Llc has 0.12% invested in CVS Health Corporation (NYSE:CVS) for 11,419 shares. Karpas Strategies Ltd Llc holds 16,148 shares. Gould Asset Management Ltd Liability Corporation Ca reported 0.19% in CVS Health Corporation (NYSE:CVS).

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.14, from 1.01 in 2017Q3. It turned negative, as 30 investors sold FOX shares while 150 reduced holdings. 58 funds opened positions while 99 raised stakes. 428.07 million shares or 0.02% less from 428.17 million shares in 2017Q3 were reported. State Street holds 0.05% of its portfolio in Twenty-First Century Fox, Inc. (NASDAQ:FOX) for 17.52M shares. Psagot House Ltd reported 0% of its portfolio in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Zurcher Kantonalbank (Zurich Cantonalbank) holds 233,232 shares or 0.07% of its portfolio. Millennium Management Limited Liability owns 68,556 shares or 0% of their US portfolio. Ameritas Invest Incorporated holds 0.04% or 24,032 shares. Neuberger Berman Gp Ltd Liability has 0% invested in Twenty-First Century Fox, Inc. (NASDAQ:FOX) for 109,302 shares. Tobam stated it has 0.01% in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Fukoku Mutual Life Commerce accumulated 7,350 shares or 0.04% of the stock. Bank Of America Corp De has 1.90 million shares. New York-based Gabelli & Company Invest Advisers has invested 0.61% in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Price T Rowe Associate Md has invested 0.23% in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Diamond Hill Cap Mgmt has 0.57% invested in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Canada Pension Plan Invest Board owns 0.05% invested in Twenty-First Century Fox, Inc. (NASDAQ:FOX) for 736,500 shares. Utah Retirement Sys holds 81,500 shares or 0.06% of its portfolio. Oregon Pub Employees Retirement Fund holds 55,310 shares or 0.02% of its portfolio.

Diamond Hill Capital Management Inc, which manages about $12.19 billion and $19.96 billion US Long portfolio, upped its stake in Kimberly (NYSE:KMB) by 172,807 shares to 2.50M shares, valued at $302.00M in 2017Q4, according to the filing. It also increased its holding in Endo International Plc (NASDAQ:ENDP) by 275,999 shares in the quarter, for a total of 992,669 shares, and has risen its stake in Microsoft Corp. (NASDAQ:MSFT).

More notable recent Twenty-First Century Fox, Inc. (NASDAQ:FOX) news were published by: Bizjournals.com which released: “Newsmax Broadcasting wants O’Reilly to reclaim his primetime spot” on May 15, 2018, also Streetinsider.com with their article: “ValueAct’s 13F Shows New Stake in SLM Corp (SLM), Confirms Increase in Citi (C), Exits Microsoft (MSFT) (more…)” published on May 15, 2018, Fool.com published: “Disney Executives Talk Marvel, Streaming, and Fox” on May 14, 2018. More interesting news about Twenty-First Century Fox, Inc. (NASDAQ:FOX) were released by: Gurufocus.com and their article: “Facebook Dominates Gurus’ Portfolios in 1st Quarter” published on May 17, 2018 as well as Gurufocus.com‘s news article titled: “Merger Arbitrage Positions Dominate Seth Klarman’s Equity Portfolio” with publication date: May 16, 2018.

Among 2 analysts covering Twenty-First Century Fox (NASDAQ:FOX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Twenty-First Century Fox had 3 analyst reports since February 18, 2016 according to SRatingsIntel. On Thursday, February 18 the stock rating was maintained by Deutsche Bank with “Buy”.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

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