As Cvs Health (CVS) Stock Price Declined, Farmers & Merchants Investments Has Lifted by $896,480 Its Stake; Portolan Capital Management Has Cut Its Position in Ebix (EBIX) as Shares Rose

Ebix, Inc. (NASDAQ:EBIX) Logo

Farmers & Merchants Investments Inc increased its stake in Cvs Health Corporation (CVS) by 5.78% based on its latest 2018Q4 regulatory filing with the SEC. Farmers & Merchants Investments Inc bought 13,792 shares as the company’s stock declined 30.29% while stock markets rallied. The institutional investor held 252,418 shares of the medical and nursing services company at the end of 2018Q4, valued at $16.54M, up from 238,626 at the end of the previous reported quarter. Farmers & Merchants Investments Inc who had been investing in Cvs Health Corporation for a number of months, seems to be bullish on the $68.28 billion market cap company. The stock increased 0.17% or $0.09 during the last trading session, reaching $52.63. About 14.83M shares traded or 6.84% up from the average. CVS Health Corporation (NYSE:CVS) has declined 16.66% since April 18, 2018 and is downtrending. It has underperformed by 21.03% the S&P500. Some Historical CVS News: 06/03/2018 – CVS Supersize $44B Bond for Aetna Deal Gets Triple Orders — Barron’s Blog; 13/04/2018 – CVS Health Names Marc-David Munk, MD, MPH, MHCM, as Chief Medical Officer of MinuteClinic and Associate Chief Medical Officer o; 13/04/2018 – CVS Hires Doctor From Health Startup in Sign of Medical Ambition; 06/03/2018 – MOODY’S RATES CVS’ PROPOSED SR UNSECURED NOTES Baa1; REMAINS ON; 14/05/2018 – U.S. to consider expanding Medicare drug price negotiation; 17/04/2018 – AETNA – GIVEN PENDING DEAL WITH CVS HEALTH, CO WILL NOT HOST CONF CALL IN CONJUNCTION WITH EARNINGS RELEASE & DOES NOT EXPECT TO DO SO FOR FUTURE QTRS; 09/04/2018 – STAT Plus: Aetna auditor accuses CVS of improperly reporting generic prices to Medicare; 02/05/2018 – CVS Health Sees 2Q Adj EPS $1.59-Adj EPS $1.64; 10/04/2018 – New GSK shingles vaccine off to strong start in key U.S. market; 21/03/2018 – CVS Health Launches Two Initiatives in New Hampshire to Combat Opioid Abuse

Portolan Capital Management Llc decreased its stake in Ebix Inc. (EBIX) by 86.25% based on its latest 2018Q4 regulatory filing with the SEC. Portolan Capital Management Llc sold 223,009 shares as the company’s stock rose 12.78% with the market. The hedge fund held 35,559 shares of the technology company at the end of 2018Q4, valued at $1.51 million, down from 258,568 at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Ebix Inc. for a number of months, seems to be less bullish one the $1.45B market cap company. The stock decreased 0.77% or $0.37 during the last trading session, reaching $47.5. About 345,715 shares traded or 7.95% up from the average. Ebix, Inc. (NASDAQ:EBIX) has declined 35.83% since April 18, 2018 and is downtrending. It has underperformed by 40.20% the S&P500. Some Historical EBIX News: 02/04/2018 – Ebix Sports Ambassadors John Isner and Coco Vandeweghe Win Single and Doubles Titles at the Miami Open Masters 1000 Tournament; 03/04/2018 – India’s Centrum Group to sell money exchange business to U.S.-based Ebix; 09/05/2018 – EBIX 1Q OPER REV. $108.2M, EST. $103.5M (2 EST.); 19/04/2018 – Ebix Expects Acquisition to Be Immediately Accretive to Its Earnings; 03/04/2018 – Ebix Takes Leadership Position in India’s Foreign Exchange and Outward Remittance Markets with Agreement to Acquire CentrumDi; 21/05/2018 – Report: Exploring Fundamental Drivers Behind Syros Pharmaceuticals, J & J Snack Foods, Wright Medical Group N.V, HCI Group, Ten; 09/05/2018 – Ebix 1Q EPS 83c; 03/04/2018 – EBIX PACT TO BUY CENTRUMDIRECT FOR ABOUT $175M; 03/04/2018 – CENTRUM CAPITAL LTD CENC.NS – TO SELL ITS MONEY EXCHANGE BUSINESS TO EBIX INC. FOR ABOUT 12 BLN RUPEES; 19/04/2018 – EBIX ENTERS INDIA’S E-LEARNING MARKETS VIA ACQUISITION OF 60 PERCENT STAKE IN SMARTCLASS EDUCATIONAL SERVICES

Investors sentiment decreased to 1.37 in 2018 Q4. Its down 0.08, from 1.45 in 2018Q3. It dropped, as 32 investors sold EBIX shares while 38 reduced holdings. 40 funds opened positions while 56 raised stakes. 23.87 million shares or 4.80% more from 22.77 million shares in 2018Q3 were reported. Employees Retirement Association Of Colorado has 4,612 shares. 7,783 are held by Renaissance Group Ltd Liability. Kbc Gru Nv reported 0% of its portfolio in Ebix, Inc. (NASDAQ:EBIX). Atwood & Palmer Incorporated stated it has 1.26% in Ebix, Inc. (NASDAQ:EBIX). New York State Teachers Retirement System holds 31,890 shares or 0% of its portfolio. Moreover, Marathon Management has 0.11% invested in Ebix, Inc. (NASDAQ:EBIX). Rhumbline Advisers holds 0.01% or 65,525 shares in its portfolio. Wells Fargo Mn holds 0% of its portfolio in Ebix, Inc. (NASDAQ:EBIX) for 213,742 shares. 5,400 were reported by Piedmont Investment Advsrs Inc. Swiss State Bank stated it has 0% of its portfolio in Ebix, Inc. (NASDAQ:EBIX). Glenmede Tru Com Na invested in 67 shares. Financial Bank Of Mellon Corporation reported 326,072 shares. Sensato Invsts Limited Liability owns 43,088 shares for 0.49% of their portfolio. Optimum Investment Advsr reported 0% of its portfolio in Ebix, Inc. (NASDAQ:EBIX). 1,900 were reported by First Manhattan.

Since November 12, 2018, it had 2 insider buys, and 2 sales for $9.21 million activity. d’Apice Leon Royden Thomas sold 2,000 shares worth $99,160. Shares for $99,275 were bought by RAINA ROBIN.

Portolan Capital Management Llc, which manages about $535.17M and $806.78 million US Long portfolio, upped its stake in Quinstreet Inc. (NASDAQ:QNST) by 519,953 shares to 713,461 shares, valued at $11.58 million in 2018Q4, according to the filing. It also increased its holding in Rapid7 Inc. by 126,465 shares in the quarter, for a total of 408,042 shares, and has risen its stake in Alphabet Inc..

More notable recent Ebix, Inc. (NASDAQ:EBIX) news were published by: Globenewswire.com which released: “ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ebix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – GlobeNewswire” on April 03, 2019, also Nasdaq.com with their article: “Riding on Strong Sales Momentum and its Proven Acquisition Strategy, EbixCash India Operations Target $600 Million in Quarterly Annualized Revenue by Q4 2019 – Nasdaq” published on March 19, 2019, Seekingalpha.com published: “Ebix takes controlling stake in Zillious – Seeking Alpha” on February 13, 2019. More interesting news about Ebix, Inc. (NASDAQ:EBIX) were released by: Nasdaq.com and their article: “EBIXCASH Rolls Out Big Forex Bonanza Campaign for Customers – Nasdaq” published on April 16, 2019 as well as Investorplace.com‘s news article titled: “EBIX Stock Is Risky at Best but Still Worth a Good Hard Look – Investorplace.com” with publication date: March 20, 2019.

Since November 14, 2018, it had 6 insider buys, and 4 sales for $23.72 million activity. $506,016 worth of CVS Health Corporation (NYSE:CVS) was bought by DORMAN DAVID W. $11.49 million worth of CVS Health Corporation (NYSE:CVS) was sold by MERLO LARRY J on Tuesday, January 8. BROWN C DAVID II had bought 10,000 shares worth $531,800. Another trade for 3,410 shares valued at $198,769 was bought by AGUIRRE FERNANDO. Denton David M sold 25,159 shares worth $2.02 million. Brennan Troyen A sold 14,229 shares worth $1.17M.

Farmers & Merchants Investments Inc, which manages about $1.32B US Long portfolio, decreased its stake in International Business Machines Corp (NYSE:IBM) by 4,810 shares to 45,244 shares, valued at $5.14 million in 2018Q4, according to the filing. It also reduced its holding in Vanguard Msci European Etf (VGK) by 10,200 shares in the quarter, leaving it with 60,680 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: which released: “Barron’s On: CVS As The Front Door To Health Care (NYSE:CVS) – Benzinga” on April 13, 2019, also Globenewswire.com with their article: “Investor Expectations to Drive Momentum within CVS Health, KKR & Co., ConocoPhillips, MetLife, Rockwell Automation, and Norfolk Southern — Discovering Underlying Factors of Influence – GlobeNewswire” published on March 25, 2019, Fool.com published: “These 3 Value Stocks Are Absurdly Cheap Right Now – Motley Fool – The Motley Fool” on April 09, 2019. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Cnbc.com and their article: “CVS Health CEO on reducing costs: Billions in value opportunity is ‘in front of us’ – CNBC” published on March 21, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: ADS, American Tower, Anadarko, CVS, Dow, Infosys, Nokia, Phillips 66, Wells Fargo and More – 24/7 Wall St.” with publication date: April 15, 2019.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

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