Mackenzie Financial Holding in Cvs Health (CVS) Has Cut by $27.16 Million; Raytheon Co (RTN) Stake Has Increased by Stanley-Laman Group Ltd

Raytheon Company (NYSE:RTN) Logo

Stanley-Laman Group Ltd increased its stake in Raytheon Co (RTN) by 477.36% based on its latest 2018Q4 regulatory filing with the SEC. Stanley-Laman Group Ltd bought 27,181 shares as the company’s stock rose 5.81% with the market. The institutional investor held 32,875 shares of the industrial machinery and components company at the end of 2018Q4, valued at $5.04M, up from 5,694 at the end of the previous reported quarter. Stanley-Laman Group Ltd who had been investing in Raytheon Co for a number of months, seems to be bullish on the $51.59 billion market cap company. The stock decreased 0.87% or $1.61 during the last trading session, reaching $182.8. About 454,531 shares traded. Raytheon Company (NYSE:RTN) has declined 13.09% since April 15, 2018 and is downtrending. It has underperformed by 17.46% the S&P500. Some Historical RTN News: 30/05/2018 – LCR Embedded Systems Honored with Three-Star Supplier Award from Raytheon Integrated Defense Systems; 19/04/2018 – RAYTHEON GETS $83M MINE NEUTRALIZER CONTRACT; 26/04/2018 – Raytheon Raises 2018 View To Cont Ops EPS $9.70-EPS $9.90; 24/04/2018 – BOEING – $3 BLN ORDER, AT CURRENT LIST PRICES, WAS PREVIOUSLY LISTED AS UNIDENTIFIED ON BOEING’S ORDERS & DELIVERIES WEBSITE; 19/04/2018 – RAYTHEON CO – NAVAL SEA SYSTEMS COMMAND, WASHINGTON, DISTRICT OF COLUMBIA, IS CONTRACTING ACTIVITY; 26/04/2018 – Raytheon 1Q Bookings $6.3B; 06/03/2018 – Raytheon to enhance FAA’s air traffic control system to improve safety and efficiency; 22/03/2018 – RTN/@StateDeptPM: .@StateDept authorizes a proposed Foreign Military Sale (FMS) to #SaudiArabia for TOW 2B (BGM-71F-Series) Missiles, estimated at $670 million @StateDeptPM #FMSupdate-; 11/04/2018 – RAYTHEON TO DEMONSTRATE ARMY MOBILE INTELLIGENCE PLATFORM; 20/03/2018 – High-power microwaves and lasers defeat multiple drones during US Army exercise

Mackenzie Financial Corp decreased its stake in Cvs Health Corp (CVS) by 17.87% based on its latest 2018Q4 regulatory filing with the SEC. Mackenzie Financial Corp sold 417,830 shares as the company’s stock declined 30.29% while stock markets rallied. The hedge fund held 1.92M shares of the medical and nursing services company at the end of 2018Q4, valued at $125.80M, down from 2.34 million at the end of the previous reported quarter. Mackenzie Financial Corp who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $70.18 billion market cap company. The stock increased 2.42% or $1.28 during the last trading session, reaching $54.09. About 12.62 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 16.66% since April 15, 2018 and is downtrending. It has underperformed by 21.03% the S&P500. Some Historical CVS News: 15/05/2018 – Healthcor Adds Dentsply, Exits CVS, Cuts Medtronic: 13F; 06/03/2018 – CVS jumbo bond attracts record $121bn in book orders; 13/04/2018 – MEDIA-CVS MinuteClinics hires new chief medical officer in the midst of buying Aetna – CNBC; 02/05/2018 – CVS Health Recognized By DiversityInc as Top 50 Company for Diversity For Second Year in a Row; 30/04/2018 – Fidelity Independence Adds 2U, Exits CVS, Cuts Walmart; 15/04/2018 – CVS plans to install 750 by June in addition to the more than 800 it’s donated to police departments; 13/03/2018 – CVS Health and Aetna shareholders will vote today on the drugstore chain’s proposed $69 billion acquisition of the health insurer; 28/03/2018 – GOTTLIEB SAYS BIOSIMILARS MARKET WILL BE “SLOW BUILD”, BIGGEST IMPEDIMENT IS MARKET ACCESS; 16/04/2018 – CVS Health Teams Up with Job Corps to Enhance Workforce Development Opportunities for Aspiring Pharmacy Technicians; 14/03/2018 – Blue Cross Blue Shield Institute is partnering with Lyft, Walgreens and CVS to offer rides to drugstores

Investors sentiment increased to 1.89 in Q4 2018. Its up 0.77, from 1.12 in 2018Q3. It is positive, as 60 investors sold CVS shares while 362 reduced holdings. 200 funds opened positions while 596 raised stakes. 1.03 billion shares or 24.58% more from 828.14 million shares in 2018Q3 were reported. Comml Bank Pictet & Cie (Asia) has 0.14% invested in CVS Health Corporation (NYSE:CVS). Flippin Bruce Porter stated it has 155,455 shares or 2% of all its holdings. 44,819 were reported by Schafer Cullen. Koshinski Asset Incorporated holds 0.26% in CVS Health Corporation (NYSE:CVS) or 16,231 shares. Howland Management Limited Liability Corporation accumulated 1.3% or 211,184 shares. Btim Corporation, a Massachusetts-based fund reported 3,917 shares. Naples Glob Advsrs Llc accumulated 9,496 shares or 0.18% of the stock. Tig Advsrs Ltd Com has 0.47% invested in CVS Health Corporation (NYSE:CVS). Greenwood Capital Assoc Lc holds 2.03% or 118,307 shares. Colrain Cap Ltd Liability Company stated it has 80,985 shares or 6.89% of all its holdings. Quantbot Limited Partnership owns 61,624 shares. Gateway Invest Advisers Lc invested in 792,061 shares. Shamrock Asset Management Ltd Liability has invested 0.45% of its portfolio in CVS Health Corporation (NYSE:CVS). Earnest Partners Ltd Liability Corporation invested 0% of its portfolio in CVS Health Corporation (NYSE:CVS). Welch Cap Partners Limited Com Ny holds 73,410 shares or 1.84% of its portfolio.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on May, 1. They expect $1.56 earnings per share, up 5.41% or $0.08 from last year’s $1.48 per share. CVS’s profit will be $2.02 billion for 8.67 P/E if the $1.56 EPS becomes a reality. After $2.14 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts -27.10% negative EPS growth.

Mackenzie Financial Corp, which manages about $61.70B and $38.04B US Long portfolio, upped its stake in Centurylink Inc (NYSE:CTL) by 41,820 shares to 62,945 shares, valued at $954,000 in 2018Q4, according to the filing. It also increased its holding in Robert Half Intl Inc (NYSE:RHI) by 31,330 shares in the quarter, for a total of 34,328 shares, and has risen its stake in Cbl & Assoc Pptys Inc (NYSE:CBL).

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Prnewswire.com which released: “CVS Pharmacy Launches Same-Day, On-Demand Rx Delivery Nationwide – PRNewswire” on April 04, 2019, also Investorplace.com with their article: “Why CVS Stock Is Sliding Lower Today – Investorplace.com” published on March 27, 2019, Benzinga.com published: “Insider Buys Of The Week: Activision, Arconic, CVS Health – Benzinga” on March 17, 2019. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Forbes.com and their article: “Is CVS Health Fairly Valued? – Forbes” published on April 12, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: ADS, American Tower, Anadarko, CVS, Dow, Infosys, Nokia, Phillips 66, Wells Fargo and More – 24/7 Wall St.” with publication date: April 15, 2019.

Since November 14, 2018, it had 6 buys, and 4 selling transactions for $23.72 million activity. $101,821 worth of CVS Health Corporation (NYSE:CVS) was bought by AGUIRRE FERNANDO on Monday, March 11. $2.02 million worth of CVS Health Corporation (NYSE:CVS) shares were sold by Denton David M. Another trade for 14,229 shares valued at $1.17 million was sold by Brennan Troyen A. LUDWIG EDWARD J bought $233,080 worth of stock. DORMAN DAVID W also bought $506,016 worth of CVS Health Corporation (NYSE:CVS) on Friday, March 8. Another trade for 10,000 shares valued at $531,800 was bought by BROWN C DAVID II.

Stanley-Laman Group Ltd, which manages about $747.00 million and $360.11 million US Long portfolio, decreased its stake in Johnson Controls Inter F by 21,598 shares to 38,340 shares, valued at $1.14 million in 2018Q4, according to the filing. It also reduced its holding in United Technologies (NYSE:UTX) by 3,175 shares in the quarter, leaving it with 17,864 shares, and cut its stake in Pfizer Inc (NYSE:PFE).

Since February 13, 2019, it had 0 insider buys, and 5 insider sales for $5.84 million activity. On Wednesday, February 13 Jimenez Frank R sold $752,828 worth of Raytheon Company (NYSE:RTN) or 4,094 shares. $643,693 worth of Raytheon Company (NYSE:RTN) was sold by Wood Michael J on Wednesday, February 13.

More notable recent Raytheon Company (NYSE:RTN) news were published by: Streetinsider.com which released: “Raytheon (RTN) and US Army complete DeepStrike missile preliminary design review – StreetInsider.com” on March 26, 2019, also Globenewswire.com with their article: “Market Trends Toward New Normal in Raytheon, NiSource, NVIDIA, Sun Life Financial, American Software, and Care — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” published on April 15, 2019, Streetinsider.com published: “Raytheon (RTN) Secures $320M Contract from US Air Force for New Version of Advanced Synthetic Aperture Radar for U-2 Aircraft – StreetInsider.com” on March 25, 2019. More interesting news about Raytheon Company (NYSE:RTN) were released by: Bizjournals.com and their article: “Looking to expand? New employees may require more training in tight job market – Dallas Business Journal” published on April 09, 2019 as well as Seekingalpha.com‘s news article titled: “Turkey doubles down on Russia defense support – Seeking Alpha” with publication date: April 10, 2019.

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart