Cvs Health Corp (CVS): Stephen J Gold , EVP & CIO of Cvs Health Corp sold 21,922 shares on Apr 1, 2016. The Insider selling transaction was disclosed on Apr 5, 2016 to the Securities and Exchange Commission. The shares were sold at $105.00 per share for a total value of $2,301,810.00.
Company has been under the radar of several Street Analysts.CVS Health Corp is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 115 from a previous price target of $110 .The Rating was issued on Mar 10, 2016.CVS Health Corp is Reiterated by Mizuho to Buy while Lowering the Price Target of the company shares to $ 104 from a previous price target of $113 . The Rating was issued on Feb 10, 2016.CVS Health Corp is Initiated by Atlantic Equities to Overweight. The Rating was issued on Feb 3, 2016.CVS Health Corp is Initiated by Robert W. Baird to Outperform and the brokerage firm has set the Price Target at $108. The Rating was issued on Jan 22, 2016.
Currently the company Insiders own 0.43% of CVS Health Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -23.46%.Institutional Investors own 82.97% of CVS Health Corp shares.During last six month period, the net percent change held by insiders has seen a change of -23.46%.
Shares of CVS Health Corp (CVS) ended Monday, Apr 4, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.32% at $104.48 with 39,91,809 shares getting traded. Post opening the session at $103.89, the shares hit an intraday low of $103.681 and an intraday high of $104.555 and the price vacillated in this range throughout the day. The company has a market cap of $114,770 M and the number of outstanding shares has been calculated to be 1,09,84,90,840 shares. The 52-week high of CVS Health Corp is $113.65 and the 52-week low is $81.37.
On Mar 2, 2016, CVS Health Corp announced a cash dividend of $0.4250. The company’s management has announced Apr 20, 2016 as the ex-dividend date and fixed the record date on Apr 22, 2016. The payable date has been fixed on May 2, 2016.
CVS Health Corporation together with its subsidiaries is a pharmacy company. The Company operates through three business segments: Pharmacy Services Retail Pharmacy and Corporate. The Pharmacy Services segment provides a range of pharmacy benefit management (PBM) services and operates under the CVS/caremark Pharmacy Services Novologix and Navarro Health Services names. The Retail Pharmacy segment sells prescription drugs and an assortment of general merchandise including over-the-counter drugs beauty products and cosmetics personal care products convenience foods photo finishing seasonal merchandise and greeting cards through the Company’s retail stores online retail pharmacy Websites and retail healthcare clinics. The Corporate segment provides management and administrative services to support the overall operations of the Company. The Company through its wholly owned subsidiary Omnicare Inc. provides pharmacy services to long term care facilities.