Tobam Has Raised Its Cvs Caremark (CVS) Holding; Consumer Portfolio Services (CPSS) Sentiment Is 0.94

October 13, 2017 - By Maria Brooks

Consumer Portfolio Services, Inc. is a specialty finance company. The company has market cap of $102.29 million. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans. It has a 5.32 P/E ratio. Through its automobile contract purchases, the Company provides indirect financing to the clients of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers.

Tobam increased Cvs Caremark Corp (CVS) stake by 89% reported in 2017Q2 SEC filing. Tobam acquired 142,706 shares as Cvs Caremark Corp (CVS)’s stock declined 4.23%. The Tobam holds 303,048 shares with $24.38 million value, up from 160,342 last quarter. Cvs Caremark Corp now has $73.80 billion valuation. The stock decreased 1.60% or $1.18 on October 13, reaching $72.6. About 6.04M shares traded or 0.17% up from the average. CVS Health Corp (NYSE:CVS) has declined 24.40% since October 13, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

Tobam decreased Melco Crown Entertainme (NASDAQ:MPEL) stake by 15,929 shares to 62,479 valued at $1.40 million in 2017Q2. It also reduced Gap Inc/The (NYSE:GPS) stake by 393,173 shares and now owns 1.31M shares. Dollar Tree Inc (NASDAQ:DLTR) was reduced too.

Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.17, from 1.09 in 2017Q1. It worsened, as 84 investors sold CVS shares while 559 reduced holdings. 108 funds opened positions while 483 raised stakes. 803.96 million shares or 0.96% less from 811.73 million shares in 2017Q1 were reported. Paloma Partners Mgmt holds 0.22% in CVS Health Corp (NYSE:CVS) or 234,014 shares. Ronna Sue Cohen stated it has 3.47% of its portfolio in CVS Health Corp (NYSE:CVS). Cullinan Assoc holds 115,170 shares or 0.72% of its portfolio. Citigroup invested in 1.11 million shares. Natl Mutual Ins Federation Of Agricultural Cooperatives reported 21,700 shares stake. Bluemountain Capital Mngmt Ltd Liability Co accumulated 0.04% or 21,652 shares. Md Sass Invsts Services invested in 339,256 shares or 1.78% of the stock. Deutsche Financial Bank Ag reported 7.40M shares stake. Jones Companies Lllp invested in 38,140 shares or 0.01% of the stock. Jpmorgan Chase & Co holds 4.22 million shares or 0.08% of its portfolio. Bangor Commercial Bank stated it has 0.07% of its portfolio in CVS Health Corp (NYSE:CVS). North Star Investment Mngmt Corporation reported 0.01% of its portfolio in CVS Health Corp (NYSE:CVS). Associated Banc stated it has 0.49% of its portfolio in CVS Health Corp (NYSE:CVS). Somerville Kurt F has 202,797 shares. Burney holds 0.55% of its portfolio in CVS Health Corp (NYSE:CVS) for 104,518 shares.

Among 23 analysts covering CVS Health (NYSE:CVS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. CVS Health had 42 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of CVS Health Corp (NYSE:CVS) has “Hold” rating given on Thursday, August 20 by Deutsche Bank. The company was downgraded on Monday, August 14 by Wolfe Research. The stock of CVS Health Corp (NYSE:CVS) earned “Hold” rating by Needham on Friday, September 8. The rating was downgraded by Robert W. Baird to “Neutral” on Thursday, February 2. The rating was maintained by Oppenheimer with “Buy” on Tuesday, August 8. Jefferies maintained the stock with “Hold” rating in Wednesday, August 16 report. The stock of CVS Health Corp (NYSE:CVS) has “Hold” rating given on Friday, June 9 by Jefferies. Robert W. Baird maintained it with “Hold” rating and $77.0 target in Monday, September 25 report. On Tuesday, June 13 the stock rating was maintained by Cowen & Co with “Buy”. The rating was initiated by Barclays Capital on Friday, December 18 with “Overweight”.

Since June 12, 2017, it had 0 insider purchases, and 1 insider sale for $18.44 million activity. 230,510 CVS Health Corp (NYSE:CVS) shares with value of $18.44 million were sold by Denton David M.

Since January 1, 0001, it had 0 buys, and 3 insider sales for $90,033 activity.

It closed at $4.5 lastly. It is down 24.05% since October 13, 2016 and is uptrending. It has outperformed by 7.35% the S&P500.

Analysts await Consumer Portfolio Services, Inc. (NASDAQ:CPSS) to report earnings on October, 16. They expect $0.17 EPS, down 34.62% or $0.09 from last year’s $0.26 per share. CPSS’s profit will be $3.86M for 6.62 P/E if the $0.17 EPS becomes a reality. After $0.17 actual EPS reported by Consumer Portfolio Services, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Second Curve Capital Llc holds 3.72% of its portfolio in Consumer Portfolio Services, Inc. for 2.28 million shares. Continental Advisors Llc owns 1.09 million shares or 1.12% of their US portfolio. Moreover, Leisure Capital Management has 0.23% invested in the company for 57,423 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.04% in the stock. Rbf Capital Llc, a California-based fund reported 60,000 shares.

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