Kiltearn Partners Llp Has Increased By $77.39 Million Its Cvs Health (CVS) Position; Shorts at Carbonite (CARB) Raised By 26.62%

April 23, 2018 - By Matt Maslow

CVS Health Corporation (NYSE:CVS) Logo

Kiltearn Partners Llp increased Cvs Health Corp (CVS) stake by 52.04% reported in 2017Q4 SEC filing. Kiltearn Partners Llp acquired 1.07M shares as Cvs Health Corp (CVS)’s stock declined 17.45%. The Kiltearn Partners Llp holds 3.14M shares with $227.65 million value, up from 2.07 million last quarter. Cvs Health Corp now has $66.62B valuation. The stock increased 0.64% or $0.42 during the last trading session, reaching $65.54. About 2.84 million 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.

Carbonite Inc (NASDAQ:CARB) had an increase of 26.62% in short interest. CARB’s SI was 3.12 million shares in April as released by FINRA. Its up 26.62% from 2.46M shares previously. With 755,500 avg volume, 4 days are for Carbonite Inc (NASDAQ:CARB)’s short sellers to cover CARB’s short positions. The SI to Carbonite Inc’s float is 13.94%. The stock decreased 1.08% or $0.325 during the last trading session, reaching $29.675. About 130,846 shares traded. Carbonite, Inc. (NASDAQ:CARB) has risen 44.44% since April 23, 2017 and is uptrending. It has outperformed by 32.89% the S&P500.

Investors sentiment is 1.08 in Q4 2017. Its the same as in 2017Q3. It is the same, as 17 investors sold Carbonite, Inc. shares while 42 reduced holdings. only 26 funds opened positions while 38 raised stakes. 24.93 million shares or 1.89% more from 24.47 million shares in 2017Q3 were reported. Fmr, Massachusetts-based fund reported 356,200 shares. Granahan Mngmt Incorporated Ma reported 406,797 shares. Ubs Asset Management Americas reported 11,500 shares stake. Dimensional Fund Advsrs Limited Partnership, Texas-based fund reported 1.13 million shares. Portolan Cap Mngmt Ltd stated it has 962,569 shares or 2.65% of all its holdings. Us National Bank De stated it has 0% in Carbonite, Inc. (NASDAQ:CARB). Jacobs Levy Equity Management holds 0.16% or 356,052 shares in its portfolio. D E Shaw Incorporated owns 180,920 shares. Bank & Trust Of Ny Mellon Corporation invested in 215,069 shares. Cramer Rosenthal Mcglynn owns 488,930 shares. Legal & General Gp Public Lc holds 6,164 shares. Zacks invested in 98,104 shares. Cadence Capital Mngmt Limited Liability Company has invested 0.15% in Carbonite, Inc. (NASDAQ:CARB). Avalon Advsrs Limited Liability holds 68,238 shares. Metropolitan Life Insurance, a New York-based fund reported 8,016 shares.

Carbonite, Inc., together with its subsidiaries, provides cloud backup and restore solutions to small and medium sized businesses, and clients in the United States. The company has market cap of $847.17 million. It offers data protection solutions, such as cloud, hybrid and on-premise backup and restore, disaster recovery as a service , and email archiving. It currently has negative earnings. The companyÂ’s solutions include Carbonite Computer Backup, which automatically back up files directly to the cloud and include various devices; and Carbonite Server Backup that provides cloud and hybrid backup for physical and virtual servers with advanced management capabilities comprising scheduling, retention, bandwidth and compression settings, and detailed monitoring and reporting through personalized server dashboard.

Since December 11, 2017, it had 0 buys, and 14 sales for $1.60 million activity. Guadagno Norman also sold $49,330 worth of Carbonite, Inc. (NASDAQ:CARB) shares. Another trade for 9,410 shares valued at $224,393 was sold by HUDSON CASSANDRA. SHEER DANIELLE sold $9,490 worth of Carbonite, Inc. (NASDAQ:CARB) on Monday, March 12. On Friday, February 2 Mellinger Paul S. sold $26,900 worth of Carbonite, Inc. (NASDAQ:CARB) or 1,135 shares. 2,458 shares were sold by FOLGER ANTHONY, worth $58,255 on Friday, February 2. 10,000 Carbonite, Inc. (NASDAQ:CARB) shares with value of $231,600 were sold by KRASNOW TODD. Mohan Deepak sold $95,147 worth of stock.

Among 10 analysts covering Carbonite (NASDAQ:CARB), 6 have Buy rating, 2 Sell and 2 Hold. Therefore 60% are positive. Carbonite had 16 analyst reports since September 21, 2015 according to SRatingsIntel. As per Monday, September 21, the company rating was downgraded by Zacks. The stock of Carbonite, Inc. (NASDAQ:CARB) has “Buy” rating given on Tuesday, October 17 by JMP Securities. Northland Capital maintained it with “Hold” rating and $20.0 target in Friday, November 3 report. Oppenheimer upgraded the shares of CARB in report on Tuesday, October 11 to “Outperform” rating. The company was maintained on Wednesday, December 13 by Rosenblatt. Oppenheimer maintained the shares of CARB in report on Friday, August 4 with “Buy” rating. The stock has “Hold” rating by Northland Capital on Wednesday, February 14. The stock of Carbonite, Inc. (NASDAQ:CARB) earned “Buy” rating by B. Riley & Co on Friday, June 10. Lake Street maintained Carbonite, Inc. (NASDAQ:CARB) rating on Tuesday, February 28. Lake Street has “Buy” rating and $23 target. The firm has “Buy” rating by JMP Securities given on Monday, November 27.

Since February 16, 2018, it had 0 insider buys, and 1 sale for $1.42 million activity. 19,965 shares were sold by Foulkes Helena, worth $1.42 million.

Carbonite, Inc. (NASDAQ:CARB) Institutional Positions Chart

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