Cacti Asset Management Decreased Cvs Caremark (CVS) Position; Eaton Vance Municipal Income Trust Has 1.71 Sentiment

CVS Health Corporation (NYSE:CVS) Logo

Cacti Asset Management Llc decreased Cvs Caremark Corporation (CVS) stake by 23.41% reported in 2018Q1 SEC filing. Cacti Asset Management Llc sold 128,356 shares as Cvs Caremark Corporation (CVS)’s stock declined 3.22%. The Cacti Asset Management Llc holds 419,952 shares with $26.34M value, down from 548,308 last quarter. Cvs Caremark Corporation now has $65.42 billion valuation. The stock decreased 2.17% or $1.43 during the last trading session, reaching $64.35. About 10.76M shares traded or 20.28% up from the average. CVS Health Corporation (NYSE:CVS) has declined 13.06% since July 1, 2017 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical CVS News: 06/03/2018 – CVS Health readies one of the largest corporate bond sales on record; 06/03/2018 – S&PGR Assigns ‘BBB’ Issue-Level Rating to CVS Acquisition-Related Notes; 14/03/2018 – CVS and Walgreens hope that by helping people pick up their prescriptions, they can boost the rates of people taking their drugs, improve patient outcomes and ultimately lower costs; 09/03/2018 – Egan-Jones Recommends Aetna Shareholders Vote in Favor of Sale to CVS; 04/05/2018 – WSVN 7 News: #BREAKING: Jury decides to not press charges in 2017’s fatal CVS shooting in Davie; 11/05/2018 – CVS HEALTH COMMENTS ON TRUMP INITIATIVE TO CUT DRUG COSTS; 30/03/2018 – STAT Plus: Pharmalittle: CVS exec tapped to run White House drug-pricing reform; Walmart in talks to buy Humana; 16/03/2018 – CVS Health is now offering GlaxoSmithKline’s shingles vaccine, Shingrix, at stores nationwide; 16/04/2018 – CVS Health Appoints Kevin Hourican as President of CVS Pharmacy; 07/03/2018 – CVS’s Mega-Bond Deal Isn’t Reviving Corporates: Markets Live

Eaton Vance Municipal Income Trust (EVN) investors sentiment decreased to 1.71 in Q1 2018. It’s down -0.84, from 2.55 in 2017Q4. The ratio dropped, as 29 investment managers opened new and increased stock positions, while 17 sold and trimmed positions in Eaton Vance Municipal Income Trust. The investment managers in our database now possess: 3.28 million shares, up from 3.01 million shares in 2017Q4. Also, the number of investment managers holding Eaton Vance Municipal Income Trust in top ten stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 7 Increased: 18 New Position: 11.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on August, 14. They expect $1.61 earnings per share, up 21.05% or $0.28 from last year’s $1.33 per share. CVS’s profit will be $1.64 billion for 9.99 P/E if the $1.61 EPS becomes a reality. After $1.48 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 8.78% EPS growth.

Among 11 analysts covering CVS Health Corporation (NYSE:CVS), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. CVS Health Corporation has $95.0 highest and $77 lowest target. $85.89’s average target is 33.47% above currents $64.35 stock price. CVS Health Corporation had 18 analyst reports since January 2, 2018 according to SRatingsIntel. On Tuesday, April 10 the stock rating was maintained by Leerink Swann with “Buy”. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, January 17 report. SunTrust maintained CVS Health Corporation (NYSE:CVS) on Thursday, January 4 with “Buy” rating. Needham upgraded the shares of CVS in report on Tuesday, January 30 to “Buy” rating. The stock of CVS Health Corporation (NYSE:CVS) has “Buy” rating given on Wednesday, May 2 by Oppenheimer. The company was maintained on Tuesday, January 2 by Needham. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by Mizuho on Wednesday, January 24. The stock has “Buy” rating by SunTrust on Tuesday, April 17. The rating was maintained by Robert W. Baird with “Hold” on Thursday, February 8. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by Raymond James on Thursday, January 4.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Fool.com which released: “Why CVS Health Corp., Rite Aid Corporation, and Walgreens Boots Alliance Inc. Stocks Tanked Today” on June 28, 2018, also Seekingalpha.com with their article: “CVS: Downright Undervalued And A Great Pick For Your Portfolio” published on June 28, 2018, Seekingalpha.com published: “Amazon’s Gain Is Rite Aid’s Pain” on June 29, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “CVS And Aetna Are Changing The Healthcare Paradigm” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “CVS Health: Surviving Amazon” with publication date: June 25, 2018.

Cacti Asset Management Llc increased Adobe Sys Inc (NYSE:GM) stake by 25,120 shares to 979,797 valued at $36.15M in 2018Q1. It also upped Automatic Data Processing In (NYSE:AVT) stake by 9,515 shares and now owns 289,545 shares. Corning Inc (NYSE:GLW) was raised too.

Since February 16, 2018, it had 2 insider purchases, and 1 insider sale for $713,454 activity. DORMAN DAVID W also bought $1.51 million worth of CVS Health Corporation (NYSE:CVS) on Friday, May 4. BROWN C DAVID II bought $619,900 worth of CVS Health Corporation (NYSE:CVS) on Friday, May 4. Foulkes Helena also sold $1.42M worth of CVS Health Corporation (NYSE:CVS) shares.

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.18, from 0.72 in 2017Q4. It increased, as 97 investors sold CVS shares while 512 reduced holdings. 117 funds opened positions while 431 raised stakes. 821.03 million shares or 0.67% more from 815.59 million shares in 2017Q4 were reported. Puzo Michael J holds 71,095 shares. Walter And Keenan Consulting Co Mi Adv accumulated 14,180 shares. Tower Rech Capital Ltd Liability (Trc) holds 0.04% of its portfolio in CVS Health Corporation (NYSE:CVS) for 8,403 shares. Victory Mngmt has invested 0.05% in CVS Health Corporation (NYSE:CVS). Amer Bancorp reported 0.02% of its portfolio in CVS Health Corporation (NYSE:CVS). Buckhead Lc accumulated 1.19% or 86,944 shares. Pub Sector Pension Board has invested 0.05% in CVS Health Corporation (NYSE:CVS). Clinton stated it has 56,496 shares. Sumitomo Life Ins has 0.18% invested in CVS Health Corporation (NYSE:CVS). Kornitzer Incorporated Ks stated it has 40,610 shares. Hamilton Point Invest Advsrs Llc owns 39,859 shares or 1.26% of their US portfolio. Parsons Cap Management Ri owns 73,786 shares for 0.54% of their portfolio. Nj State Employees Deferred Compensation Plan holds 0.17% in CVS Health Corporation (NYSE:CVS) or 15,000 shares. Of Oklahoma accumulated 0% or 31,771 shares. Swiss National Bank reported 3.30 million shares.

Another recent and important Eaton Vance Municipal Income Tr (NYSE:EVN) news was published by Seekingalpha.com which published an article titled: “Weekly Review: Municipal Bond CEFs” on June 13, 2018.

Robinson Capital Management Llc holds 2.39% of its portfolio in Eaton Vance Municipal Income Tr for 665,950 shares. Mariner Investment Group Llc owns 47,256 shares or 0.54% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.18% invested in the company for 277,100 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.15% in the stock. Karpus Management Inc., a New York-based fund reported 243,446 shares.

The stock decreased 1.00% or $0.12 during the last trading session, reaching $11.84. About 161,631 shares traded or 113.24% up from the average. Eaton Vance Municipal Income Tr (EVN) has declined 8.06% since July 1, 2017 and is downtrending. It has underperformed by 20.63% the S&P500.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart