Boeing Co (BA) Reaches $209.42 52-Week High; Cohen & Steers Has Decreased By $7.15 Million Its Cvs Health (CVS) Position

July 17, 2017 - By Peter Kolinski

Cohen & Steers Inc decreased Cvs Health Corporation (CVS) stake by 38.97% reported in 2016Q4 SEC filing. Cohen & Steers Inc sold 91,715 shares as Cvs Health Corporation (CVS)’s stock declined 4.23%. The Cohen & Steers Inc holds 143,638 shares with $11.33 million value, down from 235,353 last quarter. Cvs Health Corporation now has $79.70B valuation. The stock rose 0.37% or $0.29 reaching $78.22. About 860,846 shares traded. CVS Health Corp (NYSE:CVS) has declined 24.40% since July 17, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

The stock of Boeing Co (NYSE:BA) hit a new 52-week high and has $226.17 target or 8.00% above today’s $209.42 share price. The 5 months bullish chart indicates low risk for the $127.80B company. The 1-year high was reported on Jul, 17 by Barchart.com. If the $226.17 price target is reached, the company will be worth $10.22 billion more. About 735,625 shares traded. Boeing Co (NYSE:BA) has risen 41.13% since July 17, 2016 and is uptrending. It has outperformed by 24.43% the S&P500.

Since February 1, 2017, it had 0 buys, and 7 insider sales for $40.53 million activity. Another trade for 23,849 shares valued at $1.88M was sold by Brennan Troyen A. Another trade for 230,510 shares valued at $18.44M was sold by Denton David M. 6,029 CVS Health Corp (NYSE:CVS) shares with value of $479,908 were sold by Boratto Eva C. On Wednesday, February 1 the insider MERLO LARRY J sold $5.99 million. Another trade for 14,104 shares valued at $1.13 million was sold by Sussman Andrew. 61,196 CVS Health Corp (NYSE:CVS) shares with value of $4.90 million were sold by Roberts Jonathan C.

Investors sentiment decreased to 0.74 in 2016 Q4. Its down 0.24, from 0.98 in 2016Q3. It dropped, as 135 investors sold CVS shares while 627 reduced holdings. 127 funds opened positions while 440 raised stakes. 830.51 million shares or 0.72% less from 836.58 million shares in 2016Q3 were reported. 1.06 million were accumulated by Gotham Asset Management Llc. California State Teachers Retirement Sys holds 0.36% of its portfolio in CVS Health Corp (NYSE:CVS) for 2.24M shares. Ipg Investment Advsr Ltd Liability Corp holds 0% or 4,058 shares in its portfolio. Pictet Bank & Trust Trust reported 0.71% of its portfolio in CVS Health Corp (NYSE:CVS). Pvg Asset Mgmt has 0% invested in CVS Health Corp (NYSE:CVS) for 33,365 shares. Sky Investment Grp Limited Liability Com holds 13,074 shares or 0.48% of its portfolio. New York-based Gabelli Funds Ltd Liability Corporation has invested 0.67% in CVS Health Corp (NYSE:CVS). Centre Asset Management Lc has invested 0.12% in CVS Health Corp (NYSE:CVS). First Long Island Limited Liability accumulated 37,796 shares or 0.52% of the stock. Plante Moran Financial Ltd Limited Liability Company holds 0.35% in CVS Health Corp (NYSE:CVS) or 7,095 shares. Wells Fargo & Mn holds 0.27% or 9.65M shares in its portfolio. Chilton Invest Lc invested in 3,734 shares. Clinton Group Inc Inc has invested 1.04% in CVS Health Corp (NYSE:CVS). Spot Trading Ltd accumulated 29,104 shares. Ig Inv Mgmt Ltd stated it has 2.00M shares or 0.82% of all its holdings.

Analysts await CVS Health Corp (NYSE:CVS) to report earnings on August, 8 before the open. They expect $1.31 EPS, down 0.76% or $0.01 from last year’s $1.32 per share. CVS’s profit will be $1.33 billion for 14.93 P/E if the $1.31 EPS becomes a reality. After $1.17 actual EPS reported by CVS Health Corp for the previous quarter, Wall Street now forecasts 11.97% EPS growth.

Among 21 analysts covering CVS Health (NYSE:CVS), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. CVS Health had 32 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of CVS Health Corp (NYSE:CVS) has “Buy” rating given on Friday, April 28 by Tigress Financial. On Thursday, May 12 the stock rating was maintained by Jefferies with “Buy”. The rating was downgraded by Goldman Sachs on Thursday, December 17 to “Neutral”. The stock of CVS Health Corp (NYSE:CVS) has “Neutral” rating given on Monday, May 9 by Citigroup. Mizuho maintained the shares of CVS in report on Thursday, June 23 with “Buy” rating. Argus Research maintained the stock with “Buy” rating in Monday, August 10 report. Robert W. Baird downgraded it to “Neutral” rating and $77 target in Thursday, February 2 report. The firm earned “Outperform” rating on Friday, August 28 by Oppenheimer. The stock of CVS Health Corp (NYSE:CVS) has “Equal-Weight” rating given on Monday, June 20 by Morgan Stanley. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, August 5.

Cohen & Steers Inc increased Monsanto Company (NYSE:MON) stake by 28,212 shares to 112,506 valued at $11.84 million in 2016Q4. It also upped Boston Properties Inc. (NYSE:BXP) stake by 129,835 shares and now owns 345,685 shares. Blackrock Muniholdings Insur (MFL) was raised too.

Since January 30, 2017, it had 0 insider purchases, and 15 selling transactions for $53.76 million activity. 2,400 shares were sold by Caret Leanne G, worth $438,552. $821,731 worth of Boeing Co (NYSE:BA) was sold by Downey Thomas J. Shares for $499,603 were sold by FANCHER SCOTT W. Sands Diana L sold 21,226 shares worth $3.50M. On Friday, May 5 the insider KEATING TIMOTHY JOHN sold $6.00M. $1.95M worth of Boeing Co (NYSE:BA) was sold by Conner Raymond L.. On Monday, May 1 the insider Deal Stanley A sold $494,792.

Analysts await Boeing Co (NYSE:BA) to report earnings on July, 26 before the open. They expect $2.32 EPS, up 627.27% or $2.76 from last year’s $-0.44 per share. BA’s profit will be $1.42 billion for 22.57 P/E if the $2.32 EPS becomes a reality. After $2.01 actual EPS reported by Boeing Co for the previous quarter, Wall Street now forecasts 15.42% EPS growth.

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.01, from 0.9 in 2016Q3. It dived, as 69 investors sold Boeing Co shares while 508 reduced holdings. 137 funds opened positions while 378 raised stakes. 445.41 million shares or 0.76% more from 442.07 million shares in 2016Q3 were reported. Janus Mgmt Limited Liability Co has 0.77% invested in Boeing Co (NYSE:BA) for 5.85M shares. Toronto Dominion State Bank invested 0.05% in Boeing Co (NYSE:BA). Hudock Cap Gp Limited Company holds 1,540 shares. Condor Cap reported 10,474 shares. Private Co Na holds 0.15% or 3,983 shares. Northern holds 0.33% in Boeing Co (NYSE:BA) or 7.00M shares. Bollard Gp Limited Liability Company stated it has 115,395 shares. Tarbox Grp owns 248 shares for 0.02% of their portfolio. Welch Forbes Limited holds 0.05% of its portfolio in Boeing Co (NYSE:BA) for 11,656 shares. Investment Partners Limited Oh Adv holds 1.08% in Boeing Co (NYSE:BA) or 7,122 shares. Pub Employees Retirement Association Of Colorado has 244,436 shares for 0.3% of their portfolio. Wexford Cap L P invested in 61,389 shares or 0.97% of the stock. Diligent Invsts Ltd Co has invested 0.27% in Boeing Co (NYSE:BA). 20,345 were accumulated by Strategic Fincl Svcs. Edge Asset holds 658,647 shares.

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