As Transocean LTD (RIG) Market Value Declined, Hawkins Capital LP Has Raised by $373,750 Its Position; As Cvs Caremark (CVS) Valuation Declined, Shareholder Veritas Investment Management Llp Lifted Its Holding

February 20, 2018 - By wolcottdaily

Veritas Investment Management Llp increased its stake in Cvs Caremark Corp (CVS) by 8.14% based on its latest 2017Q3 regulatory filing with the SEC. Veritas Investment Management Llp bought 53,785 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 714,708 shares of the medical and nursing services company at the end of 2017Q3, valued at $58.12 million, up from 660,923 at the end of the previous reported quarter. Veritas Investment Management Llp who had been investing in Cvs Caremark Corp for a number of months, seems to be bullish on the $72.94B market cap company. The stock increased 2.00% or $1.41 during the last trading session, reaching $71.9. About 6.47M shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since February 20, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Russell Hawkins increased its stake in Transocean Ltd (RIG) by 2047.95% based on its latest 2017Q3 regulatory filing with the SEC. Hawkins Capital Lp bought 37,375 shares as the company’s stock declined 20.06% while stock markets rallied. The hedge fund run by Russell Hawkins held 39,200 shares of the oil & gas production company at the end of 2017Q3, valued at $421,000, up from 1,825 at the end of the previous reported quarter. Hawkins Capital Lp who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $4.16 billion market cap company. The stock decreased 1.52% or $0.14 during the last trading session, reaching $9.09. About 15.65M shares traded or 23.67% up from the average. Transocean Ltd. (NYSE:RIG) has risen 15.86% since February 20, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.04, from 0.92 in 2017Q2. It worsened, 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. Mai Cap Mgmt has invested 0.48% in CVS Health Corporation (NYSE:CVS). Everence Inc holds 0.48% of its portfolio in CVS Health Corporation (NYSE:CVS) for 26,003 shares. Barrett Asset Lc accumulated 600 shares. Bradley Foster And Sargent Ct reported 29,413 shares. Thomaspartners Inc owns 2.55 million shares. Rhumbline Advisers reported 0.33% stake. Horizon Kinetics Lc, a New York-based fund reported 2,967 shares. Comerica State Bank accumulated 555,765 shares. Barclays Public Limited Company has 2.11 million shares for 0.18% of their portfolio. First Quadrant LP Ca has invested 0.09% of its portfolio in CVS Health Corporation (NYSE:CVS). Ifc Hldgs Fl invested 0.05% of its portfolio in CVS Health Corporation (NYSE:CVS). Banque Pictet & Cie Sa has invested 0.26% in CVS Health Corporation (NYSE:CVS). Moreover, Wealth Enhancement Advisory Services Ltd Liability Com has 0.07% invested in CVS Health Corporation (NYSE:CVS) for 11,484 shares. Boston Family Office Limited Company owns 112,163 shares. Bangor Comml Bank owns 3,179 shares.

Among 25 analysts covering CVS Health (NYSE:CVS), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. CVS Health had 72 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, August 8, the company rating was maintained by Oppenheimer. On Tuesday, November 7 the stock rating was maintained by Jefferies with “Hold”. The firm has “Strong Buy” rating by S&P Research given on Monday, November 2. Morgan Stanley upgraded the stock to “Overweight” rating in Friday, January 5 report. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Thursday, August 20 by Deutsche Bank. On Friday, September 8 the stock rating was maintained by Needham with “Hold”. The rating was maintained by Jefferies with “Hold” on Wednesday, October 18. Robert W. Baird initiated it with “Outperform” rating and $108 target in Friday, January 22 report. Barclays Capital initiated the shares of CVS in report on Friday, December 18 with “Overweight” rating. The company was maintained on Thursday, May 12 by Jefferies.

Since August 23, 2017, it had 0 insider buys, and 5 insider sales for $38.09 million activity. Shares for $1.67 million were sold by Moriarty Thomas M. 241,150 CVS Health Corporation (NYSE:CVS) shares with value of $20.03M were sold by MERLO LARRY J. Denton David M sold $18.88 million worth of stock or 237,078 shares. Another trade for 85,743 shares valued at $7.13M was sold by Roberts Jonathan C.

Veritas Investment Management Llp, which manages about $739.80 million US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 35,075 shares to 824,495 shares, valued at $39.84M in 2017Q3, according to the filing.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.30, from 1.25 in 2017Q2. It fall, as 66 investors sold RIG shares while 107 reduced holdings. 54 funds opened positions while 110 raised stakes. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported. Sg Americas Securities Limited Liability Company has invested 0.03% in Transocean Ltd. (NYSE:RIG). 41,217 were accumulated by Pnc Fin Inc. Guggenheim Ltd Liability reported 0.01% in Transocean Ltd. (NYSE:RIG). Odey Asset Gp Ltd owns 2.87 million shares. Ubs Asset Mgmt Americas Incorporated invested in 0.01% or 581,763 shares. New York-based Clearbridge Limited Co has invested 0% in Transocean Ltd. (NYSE:RIG). Hanson Mcclain Inc, a California-based fund reported 880 shares. Art Advisors Ltd Company accumulated 381,400 shares. Tcw Group Inc holds 0.01% of its portfolio in Transocean Ltd. (NYSE:RIG) for 59,937 shares. Scotia holds 0% or 17,739 shares. California State Teachers Retirement Systems has invested 0.02% in Transocean Ltd. (NYSE:RIG). Stifel accumulated 92,894 shares or 0% of the stock. Raymond James & Assoc holds 49,719 shares. Moreover, Ameriprise Fincl Incorporated has 0.01% invested in Transocean Ltd. (NYSE:RIG). Advsrs Preferred Lc accumulated 0% or 732 shares.

Hawkins Capital Lp, which manages about $1.60B and $241.40 million US Long portfolio, decreased its stake in Cisco Sys Inc (NASDAQ:CSCO) by 45,000 shares to 317,220 shares, valued at $10.67 million in 2017Q3, according to the filing. It also reduced its holding in Corning Inc (NYSE:GLW) by 40,000 shares in the quarter, leaving it with 124,750 shares, and cut its stake in Dell Technologies Inc.

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 15 have Buy rating, 10 Sell and 15 Hold. Therefore 38% are positive. Transocean Ltd had 105 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, August 18. The rating was maintained by Piper Jaffray with “Hold” on Wednesday, January 10. The stock has “Hold” rating by Cowen & Co on Wednesday, August 2. The rating was maintained by RBC Capital Markets on Friday, February 12 with “Sector Perform”. The rating was initiated by Citigroup on Tuesday, October 20 with “Sell”. Cowen & Co maintained Transocean Ltd. (NYSE:RIG) rating on Tuesday, September 5. Cowen & Co has “Hold” rating and $8.0 target. Sidoti initiated Transocean Ltd. (NYSE:RIG) on Monday, January 18 with “Buy” rating. On Thursday, March 23 the stock rating was maintained by Scotia Capital with “Buy”. The stock has “Neutral” rating by Citigroup on Thursday, August 25. S&P Research maintained Transocean Ltd. (NYSE:RIG) on Friday, August 7 with “Hold” rating.

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