Many big investors are actively trading CVS Health stock. Notable actions include:
- Ables Iannone Moore & Associates bought in with $32,000 in Q4.
- First Community Trust NA increased its shares by 116.2% in Q2, now holding 562 shares valued at $33,000.
- Creekmur Asset Management LLC entered with an investment of $34,000 in Q4.
- Steph & Co. raised its holdings by 192.0% in Q1, now owning 438 shares worth $35,000.
- ORG Partners LLC significantly increased its position by 11,840.0% in Q2, holding 597 shares worth $35,000.
Overall, institutional investors own 80.66% of CVS Health stock.
Analysts Set New Price Targets
Recent brokerage reports on CVS Health include:
- Cantor Fitzgerald: “Neutral” rating, target price $62.00.
- Royal Bank of Canada: “Outperform” rating, target price $68.00.
- Barclays: Target price reduced from $65.00 to $63.00, “Equal Weight” rating.
- Wells Fargo: Target price raised from $60.00 to $61.00, “Equal Weight” rating.
- Deutsche Bank: Target price lowered from $64.00 to $63.00, “Hold” rating.
Overall, the stock has an average rating of Moderate Buy with a target price of $72.10.
View Our Latest Stock Report on CVS
CVS Health Trading Up 1.1%
CVS (NYSE:CVS) opened at $62.92 with a market cap of $78.99 billion. Key financials:
- P/E Ratio: 11.06
- 1-Year Low: $52.77
- 1-Year High: $83.25
- Debt-to-Equity Ratio: 0.83
- Current Ratio: 0.86
- Quick Ratio: 0.66
- 50-Day MA: $58.52
- 200-Day MA: $61.67
CVS reported earnings of $1.83 per share, beating expectations, with a quarterly revenue of $91.23 billion, slightly below forecasts.
CVS Health Dividend Announcement
CVS will pay a quarterly dividend of $0.665 per share on November 1st, for shareholders recorded by October 21st. This amounts to an annualized dividend of $2.66 and a yield of 4.23%.
CVS Health Profile
CVS Health Corporation provides various health solutions across the U.S. through segments like Health Care Benefits and Pharmacy & Consumer Wellness.
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