As Dover (DOV) Shares Rose, Holder Earnest Partners Trimmed Its Holding; Cullen Frost Bankers Holding in Cvs Health Com (CVS) Lowered by $1.00 Million as Share Value Declined

January 18, 2018 - By Nellie Frank

Earnest Partners Llc decreased its stake in Dover Corp (DOV) by 2.35% based on its latest 2017Q3 regulatory filing with the SEC. Earnest Partners Llc sold 5,711 shares as the company’s stock rose 4.00% with the market. The institutional investor held 236,924 shares of the industrial machinery and components company at the end of 2017Q3, valued at $21.65 million, down from 242,635 at the end of the previous reported quarter. Earnest Partners Llc who had been investing in Dover Corp for a number of months, seems to be less bullish one the $16.19 billion market cap company. The stock decreased 0.37% or $0.39 during the last trading session, reaching $103.95. About 352,138 shares traded. Dover Corporation (NYSE:DOV) has risen 29.68% since January 18, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Cullen Frost Bankers Inc decreased its stake in Cvs Health Corp Com (CVS) by 22.42% based on its latest 2017Q3 regulatory filing with the SEC. Cullen Frost Bankers Inc sold 12,357 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 42,758 shares of the medical and nursing services company at the end of 2017Q3, valued at $3.48 million, down from 55,115 at the end of the previous reported quarter. Cullen Frost Bankers Inc who had been investing in Cvs Health Corp Com for a number of months, seems to be less bullish one the $80.37 billion market cap company. The stock decreased 0.21% or $0.17 during the last trading session, reaching $79.33. About 6.14M shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since January 18, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.13, from 0.91 in 2017Q2. It improved, as 33 investors sold DOV shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Northern Tru Corporation reported 2.06M shares stake. 5,106 are owned by Ancora Advsrs Limited. Aristotle Ltd Liability Co owns 7,170 shares. Jefferies Group Lc holds 0.01% or 11,679 shares in its portfolio. Loomis Sayles Company LP reported 108,151 shares or 0.02% of all its holdings. Ing Groep Nv owns 13,453 shares. Wolverine Asset Mngmt Ltd Limited Liability Company reported 0.02% in Dover Corporation (NYSE:DOV). New Jersey-based Prudential has invested 0.03% in Dover Corporation (NYSE:DOV). Tru Company Of Toledo Na Oh holds 0.1% in Dover Corporation (NYSE:DOV) or 4,333 shares. Century stated it has 0.01% in Dover Corporation (NYSE:DOV). Credit Suisse Ag owns 409,055 shares for 0.04% of their portfolio. Caisse De Depot Et Placement Du Quebec owns 60,500 shares. Massachusetts-based Wellington Group Inc Inc Ltd Liability Partnership has invested 0.02% in Dover Corporation (NYSE:DOV). Rice Hall James & Ltd holds 0.12% or 30,042 shares in its portfolio. 2,450 were accumulated by Middleton And Ma.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on January, 25. They expect $1.04 EPS, up 46.48% or $0.33 from last year’s $0.71 per share. DOV’s profit will be $162.02M for 24.99 P/E if the $1.04 EPS becomes a reality. After $1.16 actual EPS reported by Dover Corporation for the previous quarter, Wall Street now forecasts -10.34% negative EPS growth.

Since August 4, 2017, it had 0 insider purchases, and 5 insider sales for $8.01 million activity. Goldberg Paul sold $419,100 worth of stock. Spurgeon William sold 6,554 shares worth $624,203.

Among 23 analysts covering Dover (NYSE:DOV), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Dover had 85 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Dover Corporation (NYSE:DOV) on Friday, April 21 with “Hold” rating. Oppenheimer maintained Dover Corporation (NYSE:DOV) on Thursday, July 20 with “Hold” rating. The stock has “Neutral” rating by Citigroup on Thursday, January 21. RBC Capital Markets maintained the shares of DOV in report on Wednesday, July 5 with “Hold” rating. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, June 8. On Friday, July 21 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Dover Corporation (NYSE:DOV) earned “Buy” rating by Robert W. Baird on Tuesday, September 12. The rating was upgraded by J.P. Morgan on Wednesday, September 20 to “Buy”. The company was maintained on Monday, October 5 by Barclays Capital. The firm has “Neutral” rating given on Friday, July 21 by Citigroup.

Earnest Partners Llc, which manages about $24.92B and $10.04 billion US Long portfolio, upped its stake in State Auto Finl (NASDAQ:STFC) by 18,219 shares to 780,544 shares, valued at $20.47 million in 2017Q3, according to the filing. It also increased its holding in Core Labs Nv (NYSE:CLB) by 115,982 shares in the quarter, for a total of 1.95 million shares, and has risen its stake in Cantel Medical (NYSE:CMN).

Cullen Frost Bankers Inc, which manages about $3.05B US Long portfolio, upped its stake in Vanguard Mid Cap Etf (VO) by 8,809 shares to 255,823 shares, valued at $37.61 million in 2017Q3, according to the filing. It also increased its holding in Ishares Core Total Us Bd Mkt E (AGG) by 13,501 shares in the quarter, for a total of 72,322 shares, and has risen its stake in Bank Of America Corp Com (NYSE:BAC).

Since August 16, 2017, it had 0 insider buys, and 7 insider sales for $58.32 million activity. $20.03 million worth of CVS Health Corporation (NYSE:CVS) was sold by MERLO LARRY J. Shares for $7.13 million were sold by Roberts Jonathan C. Denton David M had sold 237,078 shares worth $18.88M. The insider Moriarty Thomas M sold $7.19M. Another trade for 39,340 shares valued at $3.22 million was made by Foulkes Helena on Friday, September 15.

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. The stock of CVS Health Corporation (NYSE:CVS) has “Neutral” rating given on Friday, November 3 by Citigroup. The rating was upgraded by Needham to “Buy” on Friday, November 10. The stock has “Buy” rating by Needham on Tuesday, January 2. Leerink Swann maintained the stock with “Buy” rating in Monday, January 8 report. The rating was maintained by Mizuho with “Buy” on Wednesday, November 9. The firm earned “Outperform” rating on Thursday, December 17 by Oppenheimer. SunTrust maintained the shares of CVS in report on Friday, October 13 with “Buy” rating. The firm earned “Hold” rating on Thursday, January 4 by Robert W. Baird. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, June 20.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.04, from 0.92 in 2017Q2. It turned negative, 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. Advsr Ok has 0.64% invested in CVS Health Corporation (NYSE:CVS) for 128,801 shares. Capwealth Advsr Ltd Liability Corporation has invested 0.07% of its portfolio in CVS Health Corporation (NYSE:CVS). Bailard Inc holds 0.38% of its portfolio in CVS Health Corporation (NYSE:CVS) for 60,533 shares. Forte Cap Ltd Liability Corp Adv stated it has 1.31% in CVS Health Corporation (NYSE:CVS). 1.43 million are held by Swedbank. Sterling Inv holds 2.21% or 20,050 shares. Huntington National Bank holds 241,855 shares or 0.33% of its portfolio. Gabelli Funds Ltd Liability Com has 1.16M shares for 0.54% of their portfolio. Pettyjohn Wood & White has 2.15% invested in CVS Health Corporation (NYSE:CVS) for 71,155 shares. Ci Invs has invested 0.07% in CVS Health Corporation (NYSE:CVS). Colorado-based Cambiar Invsts Limited Liability has invested 0.69% in CVS Health Corporation (NYSE:CVS). Wealthfront Incorporated has 0.03% invested in CVS Health Corporation (NYSE:CVS). Lombard Odier Asset Mngmt (Europe) Limited, United Kingdom-based fund reported 12,216 shares. Moreover, Point72 Asset Management LP has 0.01% invested in CVS Health Corporation (NYSE:CVS). State Of Tennessee Treasury Department accumulated 433,999 shares.

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