Cvs (CVS) Holder Murphy Capital Management Has Boosted Stake; Parker Hannifin (PH) Holding Maintained by Janney Montgomery Scott Llc

December 7, 2017 - By Vivian Park

Janney Montgomery Scott Llc increased its stake in Parker Hannifin Corp (PH) by 84.4% based on its latest 2017Q2 regulatory filing with the SEC. Janney Montgomery Scott Llc bought 5,307 shares as the company’s stock rose 2.16% with the market. The institutional investor held 11,595 shares of the metal fabrications company at the end of 2017Q2, valued at $1.85 million, up from 6,288 at the end of the previous reported quarter. Janney Montgomery Scott Llc who had been investing in Parker Hannifin Corp for a number of months, seems to be bullish on the $24.82B market cap company. The stock increased 1.10% or $2.02 during the last trading session, reaching $186.33. About 960,297 shares traded or 24.46% up from the average. Parker-Hannifin Corporation (NYSE:PH) has risen 44.23% since December 7, 2016 and is uptrending. It has outperformed by 27.53% the S&P500.

Murphy Capital Management Inc increased its stake in Cvs Corp (CVS) by 53.22% based on its latest 2017Q2 regulatory filing with the SEC. Murphy Capital Management Inc bought 5,590 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 16,094 shares of the medical and nursing services company at the end of 2017Q2, valued at $1.29M, up from 10,504 at the end of the previous reported quarter. Murphy Capital Management Inc who had been investing in Cvs Corp for a number of months, seems to be bullish on the $72.31 billion market cap company. The stock increased 0.52% or $0.37 during the last trading session, reaching $71.38. About 12.37M shares traded or 42.44% up from the average. CVS Health Corporation (NYSE:CVS) has declined 24.40% since December 7, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.




Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.17, from 1.09 in 2017Q1. It fall, as 84 investors sold CVS shares while 559 reduced holdings. 108 funds opened positions while 483 raised stakes. 803.96 million shares or 0.96% less from 811.73 million shares in 2017Q1 were reported. Summit Fin Wealth Limited Liability owns 2,825 shares or 0.09% of their US portfolio. 230,839 were reported by Lazard Asset Management Ltd Liability Co. Dnb Asset Mgmt As owns 380,293 shares. Robeco Institutional Asset Bv invested 0.15% of its portfolio in CVS Health Corporation (NYSE:CVS). Broderick Brian C reported 83,522 shares stake. Advsr Management Lc holds 0.87% of its portfolio in CVS Health Corporation (NYSE:CVS) for 131,742 shares. Kcm Inv Limited Liability Corporation holds 0.21% of its portfolio in CVS Health Corporation (NYSE:CVS) for 41,096 shares. Shufro Rose Lc invested 0.13% of its portfolio in CVS Health Corporation (NYSE:CVS). Chevy Chase Hldgs Incorporated holds 1.55 million shares. Teachers Retirement Sys Of The State Of Kentucky reported 0.25% of its portfolio in CVS Health Corporation (NYSE:CVS). Sumitomo Mitsui Asset Management reported 0.11% stake. Sva Plumb Wealth Mngmt Llc accumulated 0.03% or 3,276 shares. Hbk Sorce Advisory Lc holds 7,252 shares. The North Carolina-based Sheets Smith Wealth Mgmt has invested 0.2% in CVS Health Corporation (NYSE:CVS). Van Eck Associate Corporation holds 0.19% or 427,830 shares in its portfolio.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Thedenverchannel.com which released: “UnitedHealth ventures deeper into patient care with $5B deal to buy DaVita …” on December 06, 2017, also Reuters.com with their article: “CVS Health to acquire Aetna for $69 billion in year’s largest acquisition” published on December 03, 2017, Seekingalpha.com published: “The CVS-Aetna Merger: Under The Shadow Of Amazon?” on December 05, 2017. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Fool.com and their article: “Better Buy: CVS Health Corporation vs. Wal-Mart” published on November 16, 2017 as well as Cnbc.com‘s news article titled: “Jefferies slashes its CVS Health price forecast on Amazon competition risk” with publication date: November 07, 2017.

Since June 12, 2017, it had 0 insider purchases, and 1 insider sale for $18.44 million activity.

Among 25 analysts covering CVS Health (NYSE:CVS), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. CVS Health had 58 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Wolfe Research on Wednesday, August 16. As per Thursday, December 17, the company rating was maintained by Oppenheimer. Jefferies maintained CVS Health Corporation (NYSE:CVS) rating on Tuesday, November 7. Jefferies has “Hold” rating and $76 target. The stock has “Buy” rating by Evercore on Wednesday, August 19. The stock of CVS Health Corporation (NYSE:CVS) earned “Hold” rating by Robert W. Baird on Monday, September 25. The rating was maintained by Jefferies with “Hold” on Wednesday, August 16. Oppenheimer maintained it with “Outperform” rating and $119.0 target in Friday, August 28 report. Goldman Sachs downgraded the stock to “Neutral” rating in Thursday, December 17 report. The firm has “Buy” rating by RBC Capital Markets given on Monday, December 4. Citigroup maintained it with “Neutral” rating and $74 target in Friday, November 3 report.

Murphy Capital Management Inc, which manages about $765.25 million and $678.34M US Long portfolio, decreased its stake in Spdr Dow Jones Indl Av Ut Ser (DIA) by 5,781 shares to 37,790 shares, valued at $8.06M in 2017Q2, according to the filing. It also reduced its holding in Ibm (NYSE:IBM) by 3,979 shares in the quarter, leaving it with 38,359 shares, and cut its stake in Magellan Midstream Partners Lp (NYSE:MMP).

Investors sentiment increased to 1.1 in Q2 2017. Its up 0.10, from 1 in 2017Q1. It increased, as 48 investors sold PH shares while 193 reduced holdings. 70 funds opened positions while 196 raised stakes. 103.85 million shares or 1.52% more from 102.30 million shares in 2017Q1 were reported. Utah Retirement System reported 24,294 shares or 0.09% of all its holdings. Tuttle Tactical Mngmt Ltd has invested 0.35% in Parker-Hannifin Corporation (NYSE:PH). Glenmede Tru Na invested in 0.13% or 174,812 shares. Sumitomo Mitsui Holdg Inc reported 422,927 shares. Renaissance Gru Lc holds 0.01% or 1,363 shares in its portfolio. Covington Invest Advsrs owns 3,195 shares or 0.2% of their US portfolio. Kentucky Retirement Fund invested 0.1% in Parker-Hannifin Corporation (NYSE:PH). Whittier Tru Com invested in 0.02% or 3,009 shares. Colony Grp Limited Liability Corporation stated it has 0.01% of its portfolio in Parker-Hannifin Corporation (NYSE:PH). Moreover, Waddell & Reed Finance has 0.27% invested in Parker-Hannifin Corporation (NYSE:PH). Brandywine Global Mgmt has 0.01% invested in Parker-Hannifin Corporation (NYSE:PH). Thompson Davis holds 0.01% or 42 shares. Lowe Brockenbrough And Inc owns 0.28% invested in Parker-Hannifin Corporation (NYSE:PH) for 11,078 shares. Asset Management Inc holds 0.07% or 13,301 shares in its portfolio. Northern Corp has invested 0.08% in Parker-Hannifin Corporation (NYSE:PH).

Among 21 analysts covering Parker-Hannifin (NYSE:PH), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Parker-Hannifin had 66 analyst reports since August 9, 2015 according to SRatingsIntel. BMO Capital Markets upgraded the shares of PH in report on Friday, January 13 to “Outperform” rating. The rating was downgraded by Argus Research to “Hold” on Tuesday, October 27. The rating was maintained by Buckingham Research with “Buy” on Friday, November 3. The stock has “Buy” rating by BMO Capital Markets on Friday, April 21. JP Morgan upgraded the stock to “Neutral” rating in Tuesday, November 8 report. As per Tuesday, July 4, the company rating was maintained by Stifel Nicolaus. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Hold” rating by Aegis Capital on Friday, December 9. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 12. The rating was maintained by Robert W. Baird on Friday, October 13 with “Hold”. Jefferies maintained Parker-Hannifin Corporation (NYSE:PH) on Thursday, October 5 with “Hold” rating.

Janney Montgomery Scott Llc, which manages about $15.70B and $8.01B US Long portfolio, decreased its stake in Phillips 66 (NYSE:PSX) by 13,523 shares to 169,239 shares, valued at $13.99M in 2017Q2, according to the filing. It also reduced its holding in Altria Group Inc (NYSE:MO) by 22,292 shares in the quarter, leaving it with 595,624 shares, and cut its stake in Vngrd Intrm Corp Bd Etf (VCIT).

More important recent Parker-Hannifin Corporation (NYSE:PH) news were published by: Crainscleveland.com which released: “AT&T case vaults antitrust chief from obscurity to spotlight; suing Parker …” on November 22, 2017, also Realmoney.Thestreet.com published article titled: “Raise Stops to Lock in Gains on Parker Hannifin”, Nasdaq.com published: “Ex-Dividend Reminder: Parker Hannifin, Boeing and Sonoco Products” on November 07, 2017. More interesting news about Parker-Hannifin Corporation (NYSE:PH) was released by: Cleveland.com and their article: “Art Parker, inventor and engineer, started Parker Hannifin: PD 175” with publication date: November 22, 2017.

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