Cray Inc. (CRAY) Reaches $17.93 After 6.00% Down Move, Janus Capital Management Cut Cvs Health (CVS) Stake By $90.86 Million

June 19, 2017 - By marketbeat

Janus Capital Management Llc decreased Cvs Health Corp (CVS) stake by 30.26% reported in 2016Q4 SEC filing. Janus Capital Management Llc sold 1.16 million shares as Cvs Health Corp (CVS)’s stock declined 4.23%. The Janus Capital Management Llc holds 2.68 million shares with $211.86M value, down from 3.85 million last quarter. Cvs Health Corp now has $75.94B valuation. The stock rose 0.53% or $0.41 reaching $77.47. About 1.69M shares traded. CVS Health Corp (NYSE:CVS) has declined 24.40% since June 19, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

The stock of Cray Inc. (NASDAQ:CRAY) is a huge mover today! About 126,284 shares traded. Cray Inc. (NASDAQ:CRAY) has declined 43.00% since June 19, 2016 and is downtrending. It has underperformed by 59.70% the S&P500.The move comes after 9 months negative chart setup for the $757.74M company. It was reported on Jun, 19 by Barchart.com. We have $16.85 PT which if reached, will make NASDAQ:CRAY worth $45.46M less.

Since May 9, 2017, it had 0 buys, and 1 sale for $37,100 activity. KIELY STEPHEN C had sold 2,000 shares worth $37,100 on Tuesday, May 9.

Cray Inc. is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing market, primarily categories of systems known as supercomputers. The company has market cap of $757.74 million. The Company’s divisions include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other. It currently has negative earnings. The Supercomputing segment includes a suite of supercomputer systems, which are used by engineering centers in universities, government laboratories, and commercial institutions.

Investors sentiment increased to 1.26 in Q4 2016. Its up 0.35, from 0.91 in 2016Q3. It improved, as 24 investors sold Cray Inc. shares while 30 reduced holdings. 23 funds opened positions while 45 raised stakes. 36.83 million shares or 4.48% more from 35.25 million shares in 2016Q3 were reported. Tiaa Cref Investment Management Ltd Liability Co invested in 0.01% or 598,956 shares. Louisiana State Employees Retirement Systems accumulated 16,400 shares or 0.02% of the stock. Blackrock Advisors Limited holds 0% or 21,263 shares in its portfolio. Oppenheimer And Inc holds 120,160 shares. Swiss Financial Bank owns 0% invested in Cray Inc. (NASDAQ:CRAY) for 64,000 shares. Ameriprise Fincl Inc invested 0% in Cray Inc. (NASDAQ:CRAY). Citigroup invested in 80,191 shares or 0% of the stock. Us National Bank & Trust De holds 0% in Cray Inc. (NASDAQ:CRAY) or 12,466 shares. California-based California State Teachers Retirement Systems has invested 0% in Cray Inc. (NASDAQ:CRAY). Profund Advsr Ltd Llc stated it has 0.01% in Cray Inc. (NASDAQ:CRAY). Bnp Paribas Arbitrage reported 9,008 shares. Vanguard Group Inc owns 3.22M shares. 637 are held by Barclays Public Ltd Com. Cap Research Global Investors owns 0.03% invested in Cray Inc. (NASDAQ:CRAY) for 4.27M shares. 1.04M are owned by Blackrock Institutional Tru Com Na.

Among 4 analysts covering Cray (NASDAQ:CRAY), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Cray had 9 analyst reports since July 31, 2015 according to SRatingsIntel. Needham maintained the shares of CRAY in report on Friday, July 31 with “Buy” rating. The firm earned “Buy” rating on Tuesday, November 8 by Stifel Nicolaus. The stock of Cray Inc. (NASDAQ:CRAY) has “Neutral” rating given on Monday, March 7 by Sidoti. Needham maintained the shares of CRAY in report on Friday, February 12 with “Buy” rating. The rating was upgraded by Needham on Tuesday, November 8 to “Buy”. The firm earned “Buy” rating on Friday, February 12 by Stifel Nicolaus. Craig Hallum downgraded Cray Inc. (NASDAQ:CRAY) on Wednesday, May 4 to “Hold” rating. The rating was upgraded by Sidoti to “Buy” on Tuesday, April 19. The firm earned “Hold” rating on Wednesday, May 4 by Needham.

Analysts await Cray Inc. (NASDAQ:CRAY) to report earnings on August, 1. They expect $-0.34 earnings per share, down 3.03% or $0.01 from last year’s $-0.33 per share. After $-0.71 actual earnings per share reported by Cray Inc. for the previous quarter, Wall Street now forecasts -52.11% EPS growth.

Investors sentiment decreased to 0.74 in 2016 Q4. Its down 0.24, from 0.98 in 2016Q3. It fall, as 135 investors sold CVS shares while 627 reduced holdings. 127 funds opened positions while 440 raised stakes. 830.51 million shares or 0.72% less from 836.58 million shares in 2016Q3 were reported. Employees Retirement System Of Texas holds 519,100 shares or 0.56% of its portfolio. Ariel Investments Llc holds 0.03% in CVS Health Corp (NYSE:CVS) or 33,499 shares. Fred Alger Management Inc reported 29,087 shares or 0.01% of all its holdings. Hudson Valley Adv holds 1.13% or 48,735 shares. Investment Mgmt Of Virginia Limited Com has invested 0.44% of its portfolio in CVS Health Corp (NYSE:CVS). Kayne Anderson Rudnick Mngmt Ltd Llc invested 0.04% in CVS Health Corp (NYSE:CVS). First American Bank holds 0.14% in CVS Health Corp (NYSE:CVS) or 21,753 shares. Parsons Cap Inc Ri reported 75,720 shares stake. 2,851 are held by Salient Cap Advsrs Limited Liability Corp. Bridgeway Cap Mngmt accumulated 0.2% or 193,675 shares. Goelzer Investment Mngmt holds 0.75% or 73,551 shares in its portfolio. At Bancorporation accumulated 0.6% or 56,948 shares. Hourglass Capital Ltd reported 10,458 shares. The Alabama-based Associated Banc has invested 0.6% in CVS Health Corp (NYSE:CVS). Stearns Fincl owns 10,886 shares for 0.22% of their portfolio.

Since February 1, 2017, it had 0 insider purchases, and 7 sales for $40.53 million activity. On Thursday, February 16 the insider Roberts Jonathan C sold $4.90M. $18.44 million worth of CVS Health Corp (NYSE:CVS) was sold by Denton David M on Monday, June 12. 14,104 CVS Health Corp (NYSE:CVS) shares with value of $1.13M were sold by Sussman Andrew. 6,029 shares were sold by Boratto Eva C, worth $479,908. On Wednesday, February 1 the insider MERLO LARRY J sold $5.99M. The insider Brennan Troyen A sold 23,849 shares worth $1.88M.

Analysts await CVS Health Corp (NYSE:CVS) to report earnings on August, 1. They expect $1.31 EPS, down 0.76% or $0.01 from last year’s $1.32 per share. CVS’s profit will be $1.28 billion for 14.78 P/E if the $1.31 EPS becomes a reality. After $1.17 actual EPS reported by CVS Health Corp for the previous quarter, Wall Street now forecasts 11.97% EPS growth.

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