Callahan Advisors Cut Holding in Cvs Health (CVS) by $660,393 as Share Price Declined; Mcdonalds (MCD) Holding Has Boosted by United Bank

February 22, 2018 - By Nellie Frank

Callahan Advisors Llc decreased its stake in Cvs Health Corporation (CVS) by 23.62% based on its latest 2017Q3 regulatory filing with the SEC. Callahan Advisors Llc sold 8,153 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 26,367 shares of the medical and nursing services company at the end of 2017Q3, valued at $2.14 million, down from 34,520 at the end of the previous reported quarter. Callahan Advisors Llc who had been investing in Cvs Health Corporation for a number of months, seems to be less bullish one the $68.98 billion market cap company. The stock decreased 1.11% or $0.76 during the last trading session, reaching $68. About 10.02 million shares traded or 3.74% up from the average. CVS Health Corporation (NYSE:CVS) has declined 24.40% since February 22, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

United Bank increased its stake in Mcdonalds Corp (MCD) by 143.59% based on its latest 2017Q3 regulatory filing with the SEC. United Bank bought 16,987 shares as the company’s stock rose 15.92% with the market. The institutional investor held 28,817 shares of the restaurants company at the end of 2017Q3, valued at $4.52M, up from 11,830 at the end of the previous reported quarter. United Bank who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $128.08B market cap company. The stock increased 1.27% or $2.02 during the last trading session, reaching $160.66. About 4.38M shares traded or 12.39% up from the average. McDonald's Corporation (NYSE:MCD) has risen 18.25% since February 22, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.01, from 0.78 in 2017Q2. It is negative, as 48 investors sold MCD shares while 638 reduced holdings. 121 funds opened positions while 404 raised stakes. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. Cordasco Financial Network holds 0.17% or 1,000 shares in its portfolio. 1.56M were reported by Great West Life Assurance Can. Washington Trust Savings Bank has invested 0.2% in McDonald's Corporation (NYSE:MCD). Ballentine Ptnrs Ltd Liability Corp owns 5,447 shares. 71,170 are owned by Edgar Lomax Com Va. Los Angeles Mgmt Equity holds 1.65M shares. Ajo Lp holds 0.27% or 389,917 shares in its portfolio. Northwestern Mutual Wealth Management holds 0.14% or 120,505 shares in its portfolio. Goelzer Invest Mgmt holds 4,880 shares or 0.09% of its portfolio. Lodestar Inv Counsel Ltd Co Il holds 0.14% in McDonald's Corporation (NYSE:MCD) or 7,530 shares. Aull And Monroe Mngmt reported 0.42% stake. Cincinnati Fincl holds 3.19% or 447,638 shares in its portfolio. Mason Street Limited Liability invested 0.43% of its portfolio in McDonald's Corporation (NYSE:MCD). The Virginia-based Swift Run Capital Management Ltd Liability Co has invested 0.25% in McDonald's Corporation (NYSE:MCD). First Bank & Trust Sioux Falls invested 1.18% in McDonald's Corporation (NYSE:MCD).

Among 35 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation had 138 analyst reports since September 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 2. As per Wednesday, January 31, the company rating was maintained by Bernstein. The firm has “Buy” rating by Credit Suisse given on Friday, February 2. The stock of McDonald's Corporation (NYSE:MCD) has “Outperform” rating given on Tuesday, August 30 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Friday, September 8 with “Buy”. The company was maintained on Wednesday, October 11 by Piper Jaffray. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, January 26. As per Wednesday, January 31, the company rating was maintained by BMO Capital Markets. The stock of McDonald's Corporation (NYSE:MCD) has “Buy” rating given on Thursday, August 31 by Cowen & Co. The firm has “Outperform” rating given on Friday, October 23 by RBC Capital Markets.

United Bank, which manages about $104.61 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 5,845 shares to 62,033 shares, valued at $4.62 million in 2017Q3, according to the filing.

Since October 25, 2017, it had 0 buys, and 3 insider sales for $7.57 million activity. GOARE DOUGLAS M also sold $6.00 million worth of McDonald's Corporation (NYSE:MCD) shares. On Wednesday, October 25 Sappington James R sold $1.33 million worth of McDonald's Corporation (NYSE:MCD) or 8,046 shares.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on May, 1. They expect $1.40 EPS, up 19.66% or $0.23 from last year’s $1.17 per share. CVS’s profit will be $1.42 billion for 12.14 P/E if the $1.40 EPS becomes a reality. After $1.92 actual EPS reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts -27.08% negative EPS growth.

Since August 23, 2017, it had 0 buys, and 5 sales for $38.09 million activity. Roberts Jonathan C also sold $7.13 million worth of CVS Health Corporation (NYSE:CVS) shares. 39,340 CVS Health Corporation (NYSE:CVS) shares with value of $3.22 million were sold by Foulkes Helena. 20,547 CVS Health Corporation (NYSE:CVS) shares with value of $1.67 million were sold by Moriarty Thomas M. 241,150 shares valued at $20.03 million were sold by MERLO LARRY J on Wednesday, August 23.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.04, from 0.92 in 2017Q2. It fall, 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. Sva Plumb Wealth Mgmt Ltd Liability Company holds 2,885 shares or 0.03% of its portfolio. Capital Intll Invsts has 0.26% invested in CVS Health Corporation (NYSE:CVS) for 2.72 million shares. S&Co Inc, Massachusetts-based fund reported 7,435 shares. Invesco Limited has invested 0.22% of its portfolio in CVS Health Corporation (NYSE:CVS). Philadelphia Tru stated it has 259,385 shares. 253,904 are owned by Klingenstein Fields Ltd Co. Tocqueville Asset LP owns 14,018 shares or 0.01% of their US portfolio. Optimum Inv Advsrs holds 0.09% in CVS Health Corporation (NYSE:CVS) or 3,444 shares. Schroder Investment Management Gru invested 0.16% in CVS Health Corporation (NYSE:CVS). Schmidt P J Inv Mngmt Inc holds 0.11% or 4,398 shares in its portfolio. Cornercap Invest Counsel Inc holds 58,120 shares or 0.66% of its portfolio. Burney owns 0.55% invested in CVS Health Corporation (NYSE:CVS) for 104,518 shares. Concorde Asset Ltd Liability Co owns 2,518 shares. Sfe Inv Counsel accumulated 0.53% or 15,485 shares. Advisory Rech reported 0.56% stake.

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. The stock of CVS Health Corporation (NYSE:CVS) earned “Outperform” rating by Oppenheimer on Friday, August 28. Oppenheimer maintained CVS Health Corporation (NYSE:CVS) rating on Thursday, December 17. Oppenheimer has “Outperform” rating and $117 target. Barclays Capital initiated the stock with “Overweight” rating in Friday, December 18 report. The firm has “Outperform” rating given on Friday, January 22 by Robert W. Baird. Leerink Swann maintained CVS Health Corporation (NYSE:CVS) rating on Monday, January 8. Leerink Swann has “Buy” rating and $90.0 target. The stock of CVS Health Corporation (NYSE:CVS) earned “Hold” rating by Wolfe Research on Wednesday, August 16. As per Monday, November 2, the company rating was maintained by S&P Research. Evercore reinitiated CVS Health Corporation (NYSE:CVS) on Wednesday, August 19 with “Buy” rating. The firm earned “Overweight” rating on Monday, November 2 by JP Morgan. Goldman Sachs downgraded the shares of CVS in report on Thursday, December 17 to “Neutral” rating.

Callahan Advisors Llc, which manages about $289.56 million and $475.59M US Long portfolio, upped its stake in Diageo Plc New Adr (NYSE:DEO) by 2,780 shares to 35,578 shares, valued at $4.70 million in 2017Q3, according to the filing. It also increased its holding in Eagle Materials Inc (NYSE:EXP) by 4,625 shares in the quarter, for a total of 29,656 shares, and has risen its stake in Facebook Inc Class A (NASDAQ:FB).

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