As Amazon.Com (AMZN) Market Valuation Rose, Holder Kcm Investment Advisors Increased Its Holding; Bank Of Nova Scotia Trust Company Decreased Its Cvs Health (CVS) Position by $3.12 Million; Stock Declined

January 17, 2018 - By Louis Casey

Kcm Investment Advisors Llc increased its stake in Amazon.Com Inc (AMZN) by 62.75% based on its latest 2017Q3 regulatory filing with the SEC. Kcm Investment Advisors Llc bought 3,379 shares as the company’s stock rose 13.58% with the market. The institutional investor held 8,764 shares of the consumer services company at the end of 2017Q3, valued at $8.43 million, up from 5,385 at the end of the previous reported quarter. Kcm Investment Advisors Llc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $622.91B market cap company. The stock decreased 0.93% or $12.17 during the last trading session, reaching $1292.69. About 3.77M shares traded or 3.69% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 17, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Bank Of Nova Scotia Trust Company decreased its stake in Cvs Health Corp (CVS) by 45.96% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Nova Scotia Trust Company sold 38,577 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 45,360 shares of the medical and nursing services company at the end of 2017Q3, valued at $3.69M, down from 83,937 at the end of the previous reported quarter. Bank Of Nova Scotia Trust Company who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $80.44 billion market cap company. The stock decreased 0.04% or $0.035 during the last trading session, reaching $79.405. About 3.81 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since January 17, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Overweight” rating by Morgan Stanley on Friday, February 3. Jefferies maintained it with “Buy” rating and $1350.0 target in Friday, October 27 report. The rating was maintained by Guggenheim on Thursday, December 14 with “Buy”. On Monday, November 28 the stock rating was maintained by Citigroup with “Buy”. As per Thursday, August 27, the company rating was upgraded by Raymond James. Stifel Nicolaus maintained it with “Buy” rating and $1100.0 target in Sunday, October 22 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Hold” rating by Raymond James on Friday, August 25. Aegis Capital initiated it with “Buy” rating and $953 target in Friday, January 20 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Tuesday, September 1 by Oppenheimer. JMP Securities maintained the shares of AMZN in report on Friday, October 23 with “Market Outperform” rating.

Kcm Investment Advisors Llc, which manages about $2.95 billion and $1.64 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 2,922 shares to 253,367 shares, valued at $39.05M in 2017Q3, according to the filing. It also reduced its holding in Cvs Health Corp (NYSE:CVS) by 4,549 shares in the quarter, leaving it with 36,547 shares, and cut its stake in Arch Capital 6.75. Bbb Qdi Cl.

Since August 3, 2017, it had 0 insider purchases, and 9 sales for $16.47 million activity. Shares for $3.25M were sold by WILKE JEFFREY A on Thursday, December 7. Another trade for 1,985 shares valued at $1.96M was made by Jassy Andrew R on Tuesday, August 15. On Tuesday, August 15 the insider Reynolds Shelley sold $536,666. Zapolsky David sold $2.30M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15. On Tuesday, August 15 the insider Blackburn Jeffrey M sold $2.05 million.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It is negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Asset Mgmt Grp has invested 0.16% in Amazon.com, Inc. (NASDAQ:AMZN). Livforsakringsbolaget Skandia Omsesidigt invested in 0.92% or 10,726 shares. Ledyard National Bank reported 1% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Paradigm Financial Lc has 357 shares for 0.18% of their portfolio. Gardner Lewis Asset Lp reported 0.61% stake. Legacy Private holds 0.67% or 5,703 shares. Asset Management Inc has 1.22% invested in Amazon.com, Inc. (NASDAQ:AMZN). 4.02M are owned by Comml Bank Of Mellon Corporation. Reynders Mcveigh Limited Liability Com invested 0.39% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Gratry And Limited Liability Corp has invested 0.37% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Shelton Capital Mgmt has invested 2.11% in Amazon.com, Inc. (NASDAQ:AMZN). Bluefin Trading Limited Company invested 0.17% in Amazon.com, Inc. (NASDAQ:AMZN). M&R Cap Mngmt invested in 2,497 shares. Mirador Cap Ltd Partnership has 0.3% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 534 shares. Night Owl Mgmt Limited Liability stated it has 7.04% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN).

Investors sentiment decreased to 0.88 in Q3 2017. 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. Moors And Cabot Inc, Massachusetts-based fund reported 59,851 shares. Baystate Wealth Management Llc holds 0.02% or 1,444 shares in its portfolio. Mariner Wealth Ltd Limited Liability Company owns 0.07% invested in CVS Health Corporation (NYSE:CVS) for 18,995 shares. Hexavest has 1.12 million shares for 1.12% of their portfolio. Balyasny Asset Ltd Liability Company holds 164,539 shares or 0.05% of its portfolio. Ww Asset Mngmt reported 0.27% stake. Hm Payson & owns 0.11% invested in CVS Health Corporation (NYSE:CVS) for 32,224 shares. Laurion Cap Management LP reported 232,126 shares or 0.08% of all its holdings. Madison Invest holds 0.31% or 210,625 shares. First Republic Inv Mngmt owns 923,027 shares or 0.54% of their US portfolio. Arete Wealth Advsrs Limited Liability Corporation reported 9,200 shares. Deutsche State Bank Ag holds 0.48% of its portfolio in CVS Health Corporation (NYSE:CVS) for 8.62M shares. Holderness Investments stated it has 4,534 shares. Fil has 0.15% invested in CVS Health Corporation (NYSE:CVS). Creative Planning has invested 0.03% in CVS Health Corporation (NYSE:CVS).

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 $1.92 billion for 10.45 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.

Bank Of Nova Scotia Trust Company, which manages about $947.53 million US Long portfolio, upped its stake in Canadian Pac Ry Ltd (NYSE:CP) by 2,205 shares to 24,803 shares, valued at $4.17M in 2017Q3, according to the filing. It also increased its holding in Sensata Technologies Hldg Nv (NYSE:ST) by 31,412 shares in the quarter, for a total of 87,965 shares, and has risen its stake in Suncor Energy Inc New (NYSE:SU).

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. The firm has “Outperform” rating given on Wednesday, August 5 by RBC Capital Markets. Deutsche Bank maintained CVS Health Corporation (NYSE:CVS) rating on Thursday, August 20. Deutsche Bank has “Hold” rating and $121 target. The stock of CVS Health Corporation (NYSE:CVS) has “Peer Perform” rating given on Monday, August 14 by Wolfe Research. JP Morgan maintained the stock with “Overweight” rating in Monday, November 2 report. The firm has “Overweight” rating given on Thursday, March 10 by Barclays Capital. The firm earned “Hold” rating on Tuesday, November 7 by Loop Capital. The rating was maintained by Jefferies on Friday, June 9 with “Hold”. The firm has “Buy” rating by RBC Capital Markets given on Monday, December 4. Citigroup maintained CVS Health Corporation (NYSE:CVS) rating on Monday, November 13. Citigroup has “Neutral” rating and $76 target. The rating was maintained by Needham with “Hold” on Friday, September 8.

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