As Cvs Health (CVS) Share Price Declined, Shareholder Newman Dignan & Sheerar Trimmed by $367,497 Its Position; Moon Capital Management LP Lifted Cooper Tire & Rubr Co (CTB) Position by $7.17 Million

January 13, 2018 - By Winifred Garcia

John W. Moon increased its stake in Cooper Tire & Rubr Co (CTB) by 2488.67% based on its latest 2017Q3 regulatory filing with the SEC. Moon Capital Management Lp bought 193,892 shares as the company’s stock declined 11.33% while stock markets rallied. The hedge fund run by John W. Moon held 201,683 shares of the automotive aftermarket company at the end of 2017Q3, valued at $7.54 million, up from 7,791 at the end of the previous reported quarter. Moon Capital Management Lp who had been investing in Cooper Tire & Rubr Co for a number of months, seems to be bullish on the $2.04B market cap company. The stock increased 0.38% or $0.15 during the last trading session, reaching $39.85. About 533,428 shares traded. Cooper Tire & Rubber Company (NYSE:CTB) has risen 15.20% since January 13, 2017 and is uptrending. It has underperformed by 1.50% the S&P500.

Newman Dignan & Sheerar Inc decreased its stake in Cvs Health Corporation (CVS) by 14.85% based on its latest 2017Q3 regulatory filing with the SEC. Newman Dignan & Sheerar Inc sold 4,537 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 26,023 shares of the medical and nursing services company at the end of 2017Q3, valued at $2.12 million, down from 30,560 at the end of the previous reported quarter. Newman Dignan & Sheerar Inc who had been investing in Cvs Health Corporation for a number of months, seems to be less bullish one the $79.81B market cap company. The stock decreased 0.30% or $0.24 during the last trading session, reaching $78.78. About 7.10M shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since January 13, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.04, from 0.92 in 2017Q2. It fall, as 60 investors sold CVS shares while 571 reduced holdings. 88 funds opened positions while 466 raised stakes. 801.45 million shares or 0.31% less from 803.96 million shares in 2017Q2 were reported. First National Bank & Trust Of Omaha holds 21,031 shares. 44,222 are owned by Douglass Winthrop Advsr Limited Liability Company. Heritage Invsts Corporation reported 3,388 shares stake. Shufro Rose & Communication Ltd Limited Liability Company reported 0.12% of its portfolio in CVS Health Corporation (NYSE:CVS). Intersect Cap Limited Liability Com stated it has 7,880 shares or 0.36% of all its holdings. 1832 Asset Limited Partnership holds 0.01% of its portfolio in CVS Health Corporation (NYSE:CVS) for 35,805 shares. Vulcan Value Prtn Ltd Com stated it has 8.74M shares or 6.08% of all its holdings. North Star Invest Mngmt Corp reported 0.01% of its portfolio in CVS Health Corporation (NYSE:CVS). Asset One Com Ltd accumulated 1.67 million shares. Moreover, Zwj Counsel Inc has 1.87% invested in CVS Health Corporation (NYSE:CVS) for 295,102 shares. Texas Permanent School Fund has 0.29% invested in CVS Health Corporation (NYSE:CVS) for 281,721 shares. Commonwealth Equity Service, a Massachusetts-based fund reported 337,816 shares. Sheets Smith Wealth Management invested in 0.19% or 9,310 shares. Scharf Ltd Limited Liability Company invested in 2.46M shares. Todd Asset Mgmt Limited Liability Corp invested in 0.46% or 206,280 shares.

Newman Dignan & Sheerar Inc, which manages about $375.63 million and $187.55M US Long portfolio, upped its stake in Alibaba Group Hldg Adr (NYSE:BABA) by 3,066 shares to 6,371 shares, valued at $1.10 million in 2017Q3, according to the filing.

Among 25 analysts covering CVS Health (NYSE:CVS), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. CVS Health had 65 analyst reports since July 22, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Monday, November 2 report. On Friday, September 15 the stock rating was maintained by Jefferies with “Hold”. Argus Research maintained the stock with “Buy” rating in Monday, August 10 report. The firm has “Buy” rating given on Thursday, January 4 by SunTrust. Jefferies downgraded the stock to “Hold” rating in Monday, December 12 report. As per Thursday, February 2, the company rating was downgraded by Robert W. Baird. On Monday, May 9 the stock rating was maintained by Citigroup with “Neutral”. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Tuesday, November 7 by Jefferies. The firm earned “Hold” rating on Tuesday, November 7 by Loop Capital. The firm has “Hold” rating given on Thursday, August 20 by Deutsche Bank.

Since August 16, 2017, it had 0 insider buys, and 7 insider sales for $58.32 million activity. Shares for $18.88M were sold by Denton David M. The insider SWIFT RICHARD J sold 2,500 shares worth $199,050. Foulkes Helena had sold 39,340 shares worth $3.22 million. 241,150 CVS Health Corporation (NYSE:CVS) shares with value of $20.03 million were sold by MERLO LARRY J. $7.13 million worth of CVS Health Corporation (NYSE:CVS) was sold by Roberts Jonathan C.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on February, 8. They expect $1.90 earnings per share, up 11.11% or $0.19 from last year’s $1.71 per share. CVS’s profit will be $1.92B for 10.37 P/E if the $1.90 EPS becomes a reality. After $1.50 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 26.67% EPS growth.

Among 8 analysts covering Cooper Tire (NYSE:CTB), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Cooper Tire had 29 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, January 10 by Northcoast. As per Tuesday, March 14, the company rating was upgraded by JP Morgan. FBR Capital maintained the shares of CTB in report on Thursday, March 23 with “Outperform” rating. The company was maintained on Friday, August 7 by Deutsche Bank. The rating was upgraded by Standpoint Research to “Accumulate” on Tuesday, June 20. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, November 3 report. On Tuesday, October 31 the stock rating was maintained by Jefferies with “Hold”. On Friday, August 7 the stock rating was maintained by Deutsche Bank with “Hold”. Jefferies maintained Cooper Tire & Rubber Company (NYSE:CTB) on Friday, September 8 with “Hold” rating. The rating was downgraded by Standpoint Research on Friday, October 7 to “Hold”.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.22, from 1.03 in 2017Q2. It fall, as 35 investors sold CTB shares while 76 reduced holdings. 21 funds opened positions while 69 raised stakes. 51.55 million shares or 0.86% more from 51.11 million shares in 2017Q2 were reported. Hsbc Holdings Pcl reported 10,871 shares stake. Amp Cap Invsts Limited holds 8,100 shares or 0% of its portfolio. Loomis Sayles Co LP invested 0.02% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB). Bluefin Trading Limited Liability Corporation stated it has 0.46% in Cooper Tire & Rubber Company (NYSE:CTB). Ahl Prtn Limited Liability Partnership invested 0.02% in Cooper Tire & Rubber Company (NYSE:CTB). Contravisory Management has invested 0% in Cooper Tire & Rubber Company (NYSE:CTB). Lsv Asset invested in 0.15% or 2.51M shares. Morgan Stanley holds 0% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB) for 211,669 shares. 114,116 are owned by Manufacturers Life Ins The. Proshare Lc holds 0% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB) for 7,251 shares. Pennsylvania-based Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has invested 0% in Cooper Tire & Rubber Company (NYSE:CTB). London Company Of Virginia has 1.13 million shares. Citigroup Inc invested in 9,202 shares or 0% of the stock. 30,931 are held by Great West Life Assurance Company Can. United Svcs Automobile Association owns 13,910 shares or 0% of their US portfolio.

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