Vulcan Value Partners Raised Its Stake in Cvs Health (CVS) by $7.47 Million; Gfs Advisors Has Trimmed Its American Express Co (AXP) Holding by $1.64 Million; Share Value Declined

May 26, 2018 - By reb123z

CVS Health Corporation (NYSE:CVS) Logo

Gfs Advisors Llc decreased its stake in American Express Co (AXP) by 52.93% based on its latest 2017Q4 regulatory filing with the SEC. Gfs Advisors Llc sold 16,575 shares as the company’s stock declined 7.41% with the market. The institutional investor held 14,738 shares of the consumer services company at the end of 2017Q4, valued at $1.47 million, down from 31,313 at the end of the previous reported quarter. Gfs Advisors Llc who had been investing in American Express Co for a number of months, seems to be less bullish one the $86.98 billion market cap company. The stock decreased 0.89% or $0.91 during the last trading session, reaching $101.1. About 1.85 million shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 26, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.




Vulcan Value Partners Llc increased its stake in Cvs Health Corp (CVS) by 1.19% based on its latest 2017Q4 regulatory filing with the SEC. Vulcan Value Partners Llc bought 103,776 shares as the company’s stock declined 17.45% with the market. The institutional investor held 8.84 million shares of the medical and nursing services company at the end of 2017Q4, valued at $640.89 million, up from 8.74M at the end of the previous reported quarter. Vulcan Value Partners Llc who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $67.13 billion market cap company. The stock increased 1.40% or $0.91 during the last trading session, reaching $66.03. About 5.56 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 22.81% since May 26, 2017 and is downtrending. It has underperformed by 34.36% the S&P500.

Since December 11, 2017, it had 0 buys, and 9 insider sales for $37.90 million activity. Bush James Peter sold $1.32 million worth of stock. 88,930 shares were sold by Buckminster Douglas E., worth $8.79 million on Monday, December 11. On Tuesday, December 12 Gupta Ashwini sold $5.63 million worth of American Express Company (NYSE:AXP) or 56,680 shares. CHENAULT KENNETH I had sold 96,440 shares worth $9.38M on Thursday, December 14. O’Neill Michael John had sold 43,741 shares worth $4.32M. CAMPBELL JEFFREY C sold $882,406 worth of American Express Company (NYSE:AXP) on Tuesday, May 1.

Among 38 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 22 Hold. Therefore 34% are positive. American Express Company had 123 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, December 28 the stock rating was maintained by Susquehanna with “Buy”. The firm has “Neutral” rating given on Thursday, April 21 by Goldman Sachs. On Thursday, September 24 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Buy” rating on Wednesday, January 17 by Guggenheim. RBC Capital Markets maintained it with “Sell” rating and $81.0 target in Friday, January 19 report. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, September 8. On Tuesday, December 5 the stock rating was downgraded by Credit Suisse to “Sell”. The company was initiated on Tuesday, October 10 by Wells Fargo. The firm has “Buy” rating by Wells Fargo given on Tuesday, January 9. The rating was downgraded by Goldman Sachs on Wednesday, January 13 to “Neutral”.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.06, from 0.83 in 2017Q3. It improved, as 42 investors sold AXP shares while 442 reduced holdings. 122 funds opened positions while 311 raised stakes. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. Highvista Strategies Ltd Limited Liability Company reported 2,800 shares stake. Institute For Wealth Management Ltd Llc holds 10,651 shares. Toth Fincl Advisory holds 0.05% of its portfolio in American Express Company (NYSE:AXP) for 2,223 shares. Kiltearn Prns Llp holds 2.03 million shares. Brown Brothers Harriman holds 39,049 shares or 0.02% of its portfolio. Moreover, Greenwood Gearhart has 0.57% invested in American Express Company (NYSE:AXP). 738,436 were accumulated by Great West Life Assurance Can. Ajo Limited Partnership holds 59,351 shares or 0.03% of its portfolio. Profund Ltd Liability Company reported 0.12% of its portfolio in American Express Company (NYSE:AXP). Fiduciary Services Of The Southwest Tx holds 0.07% of its portfolio in American Express Company (NYSE:AXP) for 2,372 shares. Roffman Miller Associate Inc Pa holds 195,097 shares. Hartford Mngmt Commerce has 157,895 shares. Fifth Third Comml Bank has 0.07% invested in American Express Company (NYSE:AXP). 5,065 were reported by Sequoia Fincl Advisors Limited Liability. Hussman Strategic Advsr invested in 51,300 shares or 1.46% of the stock.

Gfs Advisors Llc, which manages about $755.79 million and $461.80 million US Long portfolio, upped its stake in Berkshire Hathaway Inc Del (BRKB) by 2,060 shares to 17,068 shares, valued at $3.38 million in 2017Q4, according to the filing. It also increased its holding in General Electric Co (NYSE:GE) by 216,054 shares in the quarter, for a total of 855,207 shares, and has risen its stake in Ishares Tr (EEM).

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 18. They expect $1.82 EPS, up 23.81% or $0.35 from last year’s $1.47 per share. AXP’s profit will be $1.57 billion for 13.89 P/E if the $1.82 EPS becomes a reality. After $1.86 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

More recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “How Far Could American Express Fall?” on May 02, 2018. Also 247Wallst.com published the news titled: “Chevron, Exxon Tank the Dow Friday” on May 25, 2018. Livetradingnews.com‘s news article titled: “American Express Company (NYSE:AXP) Heffx Technical Review” with publication date: April 30, 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 has “Buy” rating by Needham on Monday, December 4. As per Wednesday, April 11, the company rating was maintained by Bank of America. As per Friday, February 9, the company rating was maintained by Leerink Swann. The stock has “Outperform” rating by Leerink Swann on Tuesday, November 7. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by Vetr on Monday, August 24. The firm has “Equal-Weight” rating given on Monday, June 20 by Morgan Stanley. Jefferies downgraded the stock to “Hold” rating in Monday, December 12 report. As per Wednesday, January 17, the company rating was maintained by Robert W. Baird. The stock has “Hold” rating by Deutsche Bank on Wednesday, July 22. Mizuho maintained it with “Buy” rating and $108 target in Thursday, June 23 report.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Fool.com which released: “5 Things You’ll Want to Know About CVS Health’s Plans for 2018 and Beyond” on May 04, 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: “We Are Playing The CVS Hand” on May 11, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “Trade Mistake 3: CVS Boredom Trade” published on May 09, 2018 as well as Prnewswire.com‘s news article titled: “CVS Health Statement on Trump Administration Initiative to Reduce Drug Costs” with publication date: May 11, 2018.

Investors sentiment decreased to 0.72 in Q4 2017. Its down 0.16, from 0.88 in 2017Q3. It dived, 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. Saturna Cap Corp reported 10,200 shares or 0.02% of all its holdings. The Pennsylvania-based Sei Invests Co has invested 0.11% in CVS Health Corporation (NYSE:CVS). Smith Moore And invested in 7,083 shares or 0.14% of the stock. Lyons Wealth Management Limited Liability Corp holds 1.34% or 11,307 shares in its portfolio. Hilltop Hldg has 4,619 shares. 3,987 are owned by Fiduciary Of The Southwest Tx. First Republic Management has 883,193 shares. Employees Retirement System Of Ohio stated it has 733,873 shares. 216,023 are owned by Washington Trust. Clifford Swan Counsel Limited Liability Corporation has 9,377 shares for 0.04% of their portfolio. Janney Cap Mngmt Ltd Limited Liability Company reported 0.6% of its portfolio in CVS Health Corporation (NYSE:CVS). Hrt Limited Liability Co invested in 7,536 shares. Boston Research Mngmt accumulated 36,745 shares. Swiss National Bank has invested 0.3% in CVS Health Corporation (NYSE:CVS). Covington Cap Management invested 0.32% in CVS Health Corporation (NYSE:CVS).

Vulcan Value Partners Llc, which manages about $6.07 billion and $12.21 billion US Long portfolio, decreased its stake in Miller Herman Inc (NASDAQ:MLHR) by 75,342 shares to 929,043 shares, valued at $37.21 million in 2017Q4, according to the filing. It also reduced its holding in National Oilwell Varco Inc (NYSE:NOV) by 569,033 shares in the quarter, leaving it with 21.64 million shares, and cut its stake in Aetna Inc New (NYSE:AET).

American Express Company (NYSE:AXP) Institutional Positions Chart

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