Altfest L J & Company Has Cut Its Cvs Health (CVS) Position by $3.27 Million as Share Price Declined; Naples Global Advisors Lowered Philip Morris Intl (PM) Holding by $448,740 as Valuation Rose

Philip Morris International Inc. (NYSE:PM) Logo

Naples Global Advisors Llc decreased its stake in Philip Morris Intl Inc (PM) by 30.99% based on its latest 2018Q3 regulatory filing with the SEC. Naples Global Advisors Llc sold 5,540 shares as the company’s stock rose 7.45% while stock markets declined. The institutional investor held 12,339 shares of the farming and seeds and milling company at the end of 2018Q3, valued at $1.01M, down from 17,879 at the end of the previous reported quarter. Naples Global Advisors Llc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $126.39B market cap company. The stock increased 0.87% or $0.7 during the last trading session, reaching $81.3. About 5.25 million shares traded. Philip Morris International Inc. (NYSE:PM) has declined 21.07% since February 14, 2018 and is downtrending. It has underperformed by 21.07% the S&P500. Some Historical PM News: 21/03/2018 – Philip Morris International Shifts Entire Capacity of Its Cigarette Factory in Greece to Smoke-Free Products; 15/05/2018 – Alyeska Adds Philip Morris, Exits GE, Cuts AutoZone: 13F; 25/04/2018 – Philip Morris Bond Trading 4x Average; Clients Net Buyers; 03/05/2018 – Mackenzie Cundill Value Adds Philip Morris, Exits Apache; 13/04/2018 – Philip Morris International Inc. to Host Webcast of 2018 First-Quarter Results; 21/03/2018 – Philip Morris: Factory of Greek Affiliate Ceases Cigarette Production; 29/05/2018 – Altria, Reynolds, Lorillard, and Philip Morris Ordered to Issue Corrective Statements on Nicotine Addiction; 22nd Century’s Proprietary VLN (TM) Tobacco Called “Minimally or Non-Addictive”; 25/04/2018 – Coronation Fund Managers Adds Philip Morris, Exits Alibaba: 13F; 09/05/2018 – Philip Morris Sees 2018 EPS $5.15-EPS $5.30; 19/04/2018 – Philip Morris 1Q L&M Cigarette Shipment Volume Down 12.3%

Altfest L J & Company Inc decreased its stake in Cvs Health Corp (CVS) by 73.26% based on its latest 2018Q3 regulatory filing with the SEC. Altfest L J & Company Inc sold 77,968 shares as the company’s stock declined 3.04% with the market. The institutional investor held 28,453 shares of the medical and nursing services company at the end of 2018Q3, valued at $1.20 million, down from 106,421 at the end of the previous reported quarter. Altfest L J & Company Inc who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $87.67B market cap company. The stock increased 1.16% or $0.78 during the last trading session, reaching $67.79. About 9.74 million shares traded. CVS Health Corporation (NYSE:CVS) has risen 3.17% since February 14, 2018 and is uptrending. It has outperformed by 3.17% the S&P500. Some Historical CVS News: 06/03/2018 – S&PGR: CVS Financial-Risk Profile Will Weaken Considerably From Significant Increase in Debt; 02/05/2018 – CVS Health Sees 2Q Adj EPS $1.59-Adj EPS $1.64; 22/03/2018 – CVS HEALTH GETS NCQA UTILIZATION MANAGEMENT ACCREDITATION; 28/03/2018 – Walgreens retail sales decline overshadows pharmacy business strength; 13/03/2018 – CVS HEALTH HOLDERS APPROVE AETNA PURCHASE; 06/03/2018 – S&PGRBulletin: Aetna Rtgs Remain On CW Neg Post CVS Announcmnt; 06/03/2018 – CVS Health Expands Safe Drug Disposal at CVS Pharmacy Locations in Rhode Island to Help Combat Opioid Abuse; 16/03/2018 – CVS Pharmacy Now Offering New Shingles Vaccine at Locations Nationwide; 06/03/2018 – CVS Health completes world’s third-largest corporate bond sale; 04/04/2018 – CVS Health To Initiate Trial Of Home Dialysis Device As Part Of New Kidney Disease Initiative — MarketWatch

Since August 27, 2018, it had 0 insider buys, and 9 selling transactions for $34.16 million activity. Another trade for 4,426 shares valued at $354,080 was sold by Boratto Eva C. Roberts Jonathan C sold 77,639 shares worth $5.01M. MERLO LARRY J also sold $11.49M worth of CVS Health Corporation (NYSE:CVS) on Tuesday, January 8. Shares for $1.17M were sold by Brennan Troyen A on Wednesday, November 14. Denton David M also sold $2.02 million worth of CVS Health Corporation (NYSE:CVS) on Thursday, November 29. Hourican Kevin also sold $642,300 worth of CVS Health Corporation (NYSE:CVS) shares.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Seekingalpha.com which released: “CVS inks new PBM contract with Walmart – Seeking Alpha” on January 18, 2019, also Seekingalpha.com with their article: “Walmart to exit CVS drugstore network – Seeking Alpha” published on January 15, 2019, Finance.Yahoo.com published: “Bulls & Bears Of The Week: CVS, EA, GM, Kinder Morgan And More – Yahoo! Finance News” on January 20, 2019. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “CVS: Strong Buy Signals – Seeking Alpha” published on January 31, 2019 as well as Prnewswire.com‘s news article titled: “CVS Health’s Accordant Awarded NCQA Accreditation for Case Management – PRNewswire” with publication date: January 23, 2019.

Among 28 analysts covering CVS Health (NYSE:CVS), 22 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. CVS Health had 86 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Vetr given on Monday, August 24. As per Thursday, December 17, the company rating was maintained by Oppenheimer. The rating was maintained by Bank of America with “Buy” on Monday, September 17. As per Tuesday, August 8, the company rating was maintained by Oppenheimer. The firm earned “Peer Perform” rating on Monday, August 14 by Wolfe Research. The firm has “Outperform” rating given on Friday, February 9 by Leerink Swann. The firm has “Hold” rating given on Thursday, February 8 by Robert W. Baird. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Wednesday, August 16 by Wolfe Research. Argus Research maintained it with “Buy” rating and $118.0 target in Monday, August 10 report. The company was maintained on Monday, November 2 by Oppenheimer.

Investors sentiment increased to 1.12 in 2018 Q3. Its up 0.05, from 1.07 in 2018Q2. It is positive, as 76 investors sold CVS shares while 459 reduced holdings. 144 funds opened positions while 456 raised stakes. 828.14 million shares or 1.36% more from 816.99 million shares in 2018Q2 were reported. New Jersey-based Bessemer Group has invested 0% in CVS Health Corporation (NYSE:CVS). Arizona State Retirement Sys accumulated 276,420 shares. Moreover, Northern Corporation has 0.28% invested in CVS Health Corporation (NYSE:CVS). Wills Fincl Grp owns 4,686 shares for 0.24% of their portfolio. Azimuth Capital Ltd Liability owns 57,434 shares. Cullen Frost Bankers holds 0.06% or 23,619 shares. 8,190 are held by Rodgers Brothers. Lazard Asset Ltd Co invested in 0.39% or 2.74M shares. Mariner Limited holds 0.09% or 46,719 shares in its portfolio. Lombard Odier Asset (Switzerland) holds 0.06% of its portfolio in CVS Health Corporation (NYSE:CVS) for 8,033 shares. Pekin Singer Strauss Asset Mngmt Il accumulated 0.06% or 3,909 shares. Linscomb And Williams stated it has 0.34% in CVS Health Corporation (NYSE:CVS). 9.16M are owned by Int. 3,256 are held by Becker Management Inc. Systematic Fincl Mngmt Limited Partnership, a New Jersey-based fund reported 47,298 shares.

Altfest L J & Company Inc, which manages about $343.58M US Long portfolio, upped its stake in First Tr Exchange Traded Fd (EMLP) by 19,769 shares to 112,517 shares, valued at $2.64M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (STIP) by 8,310 shares in the quarter, for a total of 400,401 shares, and has risen its stake in Verizon Communications Inc (NYSE:VZ).

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Seekingalpha.com which released: “Yelp +7.6% on Q4 beats, five-year outlook – Seeking Alpha” on February 13, 2019, also Seekingalpha.com with their article: “Philip Morris: No Buyback Now – Seeking Alpha” published on June 04, 2018, Seekingalpha.com published: “Philip Morris: The Brexit Problem – Seeking Alpha” on December 11, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Seekingalpha.com and their article: “Did Philip Morris Really Just Lose $30 Billion Of Market Value In A Week? – Seeking Alpha” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Washed Out Philip Morris Shares Represent One Of The Best Deals In The Market – Seeking Alpha” with publication date: May 31, 2018.

Investors sentiment increased to 0.85 in 2018 Q3. Its up 0.04, from 0.81 in 2018Q2. It is positive, as 60 investors sold PM shares while 516 reduced holdings. 112 funds opened positions while 378 raised stakes. 1.09 billion shares or 0.45% more from 1.09 billion shares in 2018Q2 were reported. Washington Tru, Rhode Island-based fund reported 6,575 shares. Glenview Bankshares Dept reported 9,292 shares. Sta Wealth Limited Liability Company owns 3,484 shares or 0.09% of their US portfolio. 2,576 were accumulated by Connors Investor Serv. Loudon Investment Ltd Com holds 0.24% in Philip Morris International Inc. (NYSE:PM) or 3,662 shares. Staley Cap Advisers Incorporated has invested 1.49% in Philip Morris International Inc. (NYSE:PM). Birinyi Associate Inc stated it has 6,000 shares. Laurion Management Limited Partnership reported 90,763 shares or 0.07% of all its holdings. 1,530 were reported by Nelson Roberts Inv Ltd Llc. Osborne Ptnrs Cap Mngmt Limited Liability Company has 59,210 shares. Cadence National Bank Na accumulated 0.51% or 16,478 shares. Willis Inv Counsel stated it has 164,000 shares. Clear Harbor Asset Mngmt Ltd Llc holds 2,590 shares or 0.05% of its portfolio. Lvw Advsrs Limited Liability accumulated 38,021 shares or 0.87% of the stock. State Of Alaska Department Of Revenue reported 0.28% stake.

Since November 29, 2018, it had 0 insider purchases, and 1 sale for $5.17 million activity.

Naples Global Advisors Llc, which manages about $296.59 million and $376.88 million US Long portfolio, upped its stake in Carnival Corp New (NYSE:CCL) by 5,425 shares to 14,712 shares, valued at $938,000 in 2018Q3, according to the filing. It also increased its holding in Procter & Gamble (NYSE:PG) by 5,084 shares in the quarter, for a total of 75,720 shares, and has risen its stake in Ishares Core S&P Midcap Etf (IJH).

Among 23 analysts covering Philip Morris International (NYSE:PM), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Philip Morris International had 75 analyst reports since August 24, 2015 according to SRatingsIntel. Societe Generale upgraded Philip Morris International Inc. (NYSE:PM) rating on Thursday, April 21. Societe Generale has “Hold” rating and $99 target. The firm has “Buy” rating by Vetr given on Monday, August 24. The firm has “Hold” rating given on Wednesday, September 21 by Jefferies. The company was downgraded on Friday, April 20 by Bank of America. The stock of Philip Morris International Inc. (NYSE:PM) earned “Buy” rating by Cowen & Co on Friday, September 22. As per Tuesday, January 8, the company rating was maintained by Morgan Stanley. BNP Paribas upgraded the shares of PM in report on Tuesday, March 8 to “Outperform” rating. Goldman Sachs upgraded it to “Buy” rating and $135.0 target in Thursday, September 28 report. The firm has “Buy” rating by Deutsche Bank given on Tuesday, April 10. The firm earned “Buy” rating on Monday, November 14 by CLSA.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart