As Ppl (PPL) Market Value Rose, State Of New Jersey Common Pension Fund D Has Lowered Position; As Cvs Health (CVS) Stock Price Rose, Edge Wealth Management Has Lifted by $540,032 Its Holding

CVS Health Corporation (NYSE:CVS) Logo

Edge Wealth Management Llc increased its stake in Cvs Health Corp (CVS) by 20.76% based on its latest 2018Q2 regulatory filing with the SEC. Edge Wealth Management Llc bought 8,438 shares as the company’s stock rose 13.02% with the market. The institutional investor held 49,091 shares of the medical and nursing services company at the end of 2018Q2, valued at $3.16 million, up from 40,653 at the end of the previous reported quarter. Edge Wealth Management Llc who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $76.59B market cap company. The stock increased 0.12% or $0.09 during the last trading session, reaching $75.18. About 2.44M shares traded. CVS Health Corporation (NYSE:CVS) has declined 6.20% since November 25, 2017 and is downtrending. It has underperformed by 21.82% the S&P500. Some Historical CVS News: 13/04/2018 – CVS Health’s planned acquisition of health insurer Aetna was the largest corporate deal of 2017 at $69 billion; 13/04/2018 – CVS Hires Doctor From Health Startup in Sign of Medical Ambition; 07/03/2018 – Investors pile into CVS Health’s $40 billion M&A bonds; 28/03/2018 – GOTTLIEB SAYS BIOSIMILARS MARKET WILL BE “SLOW BUILD”, BIGGEST IMPEDIMENT IS MARKET ACCESS; 20/03/2018 – CVS Agreed to Buy Aetna Late Last Year; 16/04/2018 – WALGREENS, CVS ALSO CLIMB ON REPORT AMZN SHELVING DRUG PLAN; 14/05/2018 – Old Mutual Adds eBay, Exits CVS, Cuts Nvidia: 13F; 11/04/2018 – CVS Health to Provide Info, Tools to Choose Lower-Cost Prescription Drugs; 06/03/2018 – S&PGR Expects CVS Will Pay Down Debt, Resulting in Leverage Improving to Low-4x Area Within One Year of Closing; 05/04/2018 – CVS Health Expands Efforts to Educate Patients about Naloxone

State Of New Jersey Common Pension Fund D decreased its stake in Ppl Corp (PPL) by 11.76% based on its latest 2018Q2 regulatory filing with the SEC. State Of New Jersey Common Pension Fund D sold 100,000 shares as the company’s stock rose 15.39% with the market. The institutional investor held 750,000 shares of the central company at the end of 2018Q2, valued at $21.41 million, down from 850,000 at the end of the previous reported quarter. State Of New Jersey Common Pension Fund D who had been investing in Ppl Corp for a number of months, seems to be less bullish one the $22.21B market cap company. The stock increased 0.65% or $0.2 during the last trading session, reaching $30.84. About 2.08 million shares traded. PPL Corporation (NYSE:PPL) has declined 22.86% since November 25, 2017 and is downtrending. It has underperformed by 38.48% the S&P500. Some Historical PPL News: 03/05/2018 – PPL CORP PPL.N SEES FY 2018 SHR $2.11 TO $2.31; 03/05/2018 – PPL Corp Now Targeting Lower End of Equity Financing Needs; 12/04/2018 – 2017 Corporate Sustainability Report highlights PPL’s commitment to sustainability; 16/05/2018 – PPL Corporation chairman says company remains well-positioned for future growth, success; 04/04/2018 – FACEBOOK: UP TO 87M PPL’S DATA MAY HAVE BEEN IMPROPERLY SHARED; 03/05/2018 – PPL CORP – NOW TARGETING LOWER END OF EQUITY FINANCING NEEDS; 20/03/2018 – PPL CORP – EXPECTS TO REAFFIRM COMPOUND ANNUAL EARNINGS PER SHARE GROWTH RATE OF 5% TO 6% THROUGH 2020; 06/03/2018 PPL CORP PPL.N : RBC RAISES TO OUTPERFORM FROM SECTOR PERFORM; 20/03/2018 – PPL CORP PPL.N FY2018 SHR VIEW $2.31 — THOMSON REUTERS l/B/E/S; 03/05/2018 – PPL 1Q OPER REV. $2.13B, EST. $2.09B

Among 26 analysts covering CVS Health (NYSE:CVS), 20 have Buy rating, 0 Sell and 6 Hold. Therefore 77% are positive. CVS Health had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, June 20. The firm has “Overweight” rating by Morgan Stanley given on Friday, January 5. The rating was downgraded by Atlantic Securities on Monday, February 6 to “Neutral”. Citigroup maintained the shares of CVS in report on Friday, November 3 with “Neutral” rating. Wolfe Research downgraded the shares of CVS in report on Monday, August 14 to “Peer Perform” rating. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Friday, September 8 by Needham. Robert W. Baird maintained CVS Health Corporation (NYSE:CVS) rating on Monday, September 25. Robert W. Baird has “Hold” rating and $77.0 target. The stock of CVS Health Corporation (NYSE:CVS) has “Buy” rating given on Friday, November 10 by Needham. The rating was maintained by Leerink Swann on Tuesday, November 7 with “Outperform”. Deutsche Bank maintained the shares of CVS in report on Wednesday, July 22 with “Hold” rating.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Seekingalpha.com which released: “Florida sues Walgreens, CVS over opioid sales” on November 19, 2018, also Fool.com with their article: “CVS Health’s Big Story in the 3rd Quarter: Ready for Aetna” published on November 06, 2018, Seekingalpha.com published: “CVS sees Aetna deal closing after Thanksgiving” on November 20, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “CVS Health: Becoming A Healthcare Powerhouse” published on November 20, 2018 as well as ‘s news article titled: “CVS Q3 Earnings Preview” with publication date: November 05, 2018.

Edge Wealth Management Llc, which manages about $803.39 million and $393.08 million US Long portfolio, decreased its stake in Pfizer Inc (NYSE:PFE) by 10,075 shares to 319,161 shares, valued at $11.58M in 2018Q2, according to the filing. It also reduced its holding in Vanguard S&P 500 Etf (VOO) by 1,960 shares in the quarter, leaving it with 105 shares, and cut its stake in Alerian Mlp Etf (AMLP).

Since August 27, 2018, it had 0 buys, and 5 insider sales for $4.91 million activity. Bisaccia Lisa had sold 21,534 shares worth $1.72 million. Brennan Troyen A sold $1.17M worth of CVS Health Corporation (NYSE:CVS) on Wednesday, November 14. Hourican Kevin had sold 8,564 shares worth $642,300.

Investors sentiment increased to 1.07 in Q2 2018. Its up 0.17, from 0.9 in 2018Q1. It improved, as 65 investors sold CVS shares while 477 reduced holdings. 119 funds opened positions while 459 raised stakes. 816.99 million shares or 0.49% less from 821.03 million shares in 2018Q1 were reported. Nelson Van Denburg Campbell Wealth Group Incorporated Limited Liability Corporation reported 0% of its portfolio in CVS Health Corporation (NYSE:CVS). D E Shaw & Inc owns 532,004 shares for 0.04% of their portfolio. Matrix Asset Advsrs holds 1.71% of its portfolio in CVS Health Corporation (NYSE:CVS) for 161,026 shares. Cobblestone Capital Ltd Liability Company Ny holds 4,225 shares or 0.03% of its portfolio. Altrinsic Global Advsrs Ltd reported 63,000 shares. City stated it has 24,547 shares. 42 are owned by Winch Advisory Svcs Ltd Liability Company. Tarbox Family Office owns 358 shares. Ronna Sue Cohen, Utah-based fund reported 57,453 shares. The Kentucky-based Cullinan has invested 0.43% in CVS Health Corporation (NYSE:CVS). Chevy Chase Tru Holdg Inc invested in 0.37% or 1.31M shares. South State Corp accumulated 79,580 shares. First Financial In reported 2,035 shares or 0.09% of all its holdings. Oarsman Cap Inc reported 1.44% stake. Paragon Cap Ltd Company reported 121,576 shares or 2.55% of all its holdings.

More news for PPL Corporation (NYSE:PPL) were recently published by: Seekingalpha.com, which released: “Sand In My Shoes – Why I Bought PPL” on November 23, 2018. Investorplace.com‘s article titled: “3 Stock Charts for Wednesday: Home Depot, PPL and HollyFrontier” and published on November 14, 2018 is yet another important article.

State Of New Jersey Common Pension Fund D, which manages about $26.46B US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 50,000 shares to 4.26 million shares, valued at $444.21M in 2018Q2, according to the filing. It also increased its holding in Vereit Inc by 324,000 shares in the quarter, for a total of 849,000 shares, and has risen its stake in Genuine Parts Co (NYSE:GPC).

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.