Several big investors have recently traded shares of CVS Health. Notable transactions include:
– Ables Iannone Moore & Associates bought $32,000 worth 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 acquired shares worth $34,000 in Q4.
– Steph & Co. grew its holdings by 192.0% in Q1, now holding 438 shares valued at $35,000.
– ORG Partners LLC increased its position significantly by 11,840.0% in Q2, owning 597 shares valued at $35,000.
80.66% of CVS stock is held by institutional investors.
Analysts Set New Price Targets
Recently, brokerages updated their price targets for CVS Health:
– Cantor Fitzgerald: “Neutral” rating, target $62.00.
– Royal Bank of Canada: “Outperform” rating, target $68.00.
– Barclays: Cut target from $65.00 to $63.00, “Equal Weight” rating.
– Wells Fargo: Raised target from $60.00 to $61.00, “Equal Weight” rating.
– Deutsche Bank: Reduced target from $64.00 to $63.00, “Hold” rating.
The stock has an average rating of “Moderate Buy” and a target price of $72.10.
View Our Latest Stock Report on CVS
CVS Health Trading Up 1.1%
CVS opened at $62.92 on Friday, with a market cap of $78.99 billion. Key figures include a P/E ratio of 11.06, a 1-year low of $52.77, and a 1-year high of $83.25. The most recent earnings report showed earnings per share at $1.83, surpassing estimates, and quarterly revenue at $91.23 billion, up 2.6% year-over-year.
CVS Health Dividend Announcement
The company announced a quarterly dividend of $0.665 per share, payable on November 1st to shareholders recorded by October 21st. This results in an annualized dividend of $2.66, yielding 4.23%.
CVS Health Profile
CVS Health Corporation provides various health solutions across the U.S., including insurance products and pharmacy services.
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