Market News

Extended Stay Amer (STAY) Shareholder Blackstone Group LP Has Cut Its Holding by $376.49 Million; Swedbank Has Trimmed Its Stake in Cvs Health (CVS) by $18.34 Million

Blackstone Group Lp decreased its stake in Extended Stay Amer Inc (STAY) by 99.47% based on its latest 2017Q2 regulatory filing with the SEC. Blackstone Group Lp sold 19.82M shares as the company’s stock rose 2.18% with the market. The institutional investor held 105,716 shares of the consumer services company at the end of 2017Q2, valued at $2.05 million, down from 19.92M at the end of the previous reported quarter. Blackstone Group Lp who had been investing in Extended Stay Amer Inc for a number of months, seems to be less bullish one the $3.41B market cap company. The stock decreased 0.11% or $0.02 during the last trading session, reaching $17.74. About 688,497 shares traded. Extended Stay America, Inc. (NYSE:STAY) has risen 30.00% since December 14, 2016 and is uptrending. It has outperformed by 13.30% the S&P500.

Swedbank decreased its stake in Cvs Health Corp (CVS) by 11.49% based on its latest 2017Q2 regulatory filing with the SEC. Swedbank sold 229,243 shares as the company’s stock declined 4.23% while stock markets rallied. The institutional investor held 1.77M shares of the medical and nursing services company at the end of 2017Q2, valued at $142.03M, down from 1.99 million at the end of the previous reported quarter. Swedbank who had been investing in Cvs Health Corp for a number of months, seems to be less bullish one the $71.86 billion market cap company. The stock decreased 0.96% or $0.685 during the last trading session, reaching $70.935. About 3.98 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since December 14, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

Investors sentiment increased to 2.26 in 2017 Q2. Its up 0.40, from 1.86 in 2017Q1. It improved, as 24 investors sold STAY shares while 42 reduced holdings. 54 funds opened positions while 95 raised stakes. 181.67 million shares or 1.84% more from 178.39 million shares in 2017Q1 were reported. Bailard has 81,349 shares for 0.12% of their portfolio. Moreover, Federated Invsts Pa has 0% invested in Extended Stay America, Inc. (NYSE:STAY). Moreover, Waterfront Partners Ltd Liability has 3.44% invested in Extended Stay America, Inc. (NYSE:STAY). Pub Employees Retirement Association Of Colorado owns 0% invested in Extended Stay America, Inc. (NYSE:STAY) for 5,202 shares. Impala Asset Ltd Liability invested 0.81% of its portfolio in Extended Stay America, Inc. (NYSE:STAY). Goldman Sachs Grp Inc has 3.38 million shares for 0.02% of their portfolio. Jpmorgan Chase And holds 101,128 shares or 0% of its portfolio. Chesley Taft Ltd Limited Liability Company reported 52,950 shares or 0.09% of all its holdings. Creative Planning owns 1,000 shares for 0% of their portfolio. 1.82 million are owned by Tiaa Cref Mgmt Ltd Llc. Parallax Volatility Advisers Ltd Partnership accumulated 0% or 46 shares. Kempen Management Nv holds 124,288 shares or 0.23% of its portfolio. Dubuque Natl Bank Commerce reported 200 shares or 0% of all its holdings. Aqr Capital Mgmt Lc accumulated 1.70M shares. Geode Mgmt Limited has 1.55 million shares.

Blackstone Group Lp, which manages about $11.27 billion US Long portfolio, upped its stake in Blackstone Mtg Tr Inc (NYSE:BXMT) by 25,357 shares to 4.60M shares, valued at $145.35M in 2017Q2, according to the filing.

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 15 by Bank of America. The company was upgraded on Wednesday, December 13 by JP Morgan. The stock of Extended Stay America, Inc. (NYSE:STAY) earned “Buy” rating by Robert W. Baird on Wednesday, September 6. The stock of Extended Stay America, Inc. (NYSE:STAY) earned “Buy” rating by Stifel Nicolaus on Thursday, June 29. The stock of Extended Stay America, Inc. (NYSE:STAY) has “Buy” rating given on Wednesday, January 25 by Stifel Nicolaus. As per Monday, November 13, the company rating was maintained by Barclays Capital. As per Wednesday, November 8, the company rating was maintained by Deutsche Bank. J.P. Morgan upgraded the shares of STAY in report on Wednesday, December 13 to “Buy” rating. The firm has “Neutral” rating given on Wednesday, August 17 by Citigroup. The firm has “Outperform” rating given on Monday, August 3 by Robert W. Baird.

Investors sentiment decreased to 0.92 in Q2 2017. Its down 0.17, from 1.09 in 2017Q1. It dropped, 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. Exane Derivatives has 2,527 shares for 0% of their portfolio. United Asset Strategies owns 68,131 shares or 1.63% of their US portfolio. New York-based Amalgamated Fincl Bank has invested 0.3% in CVS Health Corporation (NYSE:CVS). Welch Cap Partners Lc New York reported 75,669 shares. Van Den Berg Mngmt I holds 1.27% or 128,362 shares in its portfolio. Hirtle Callaghan Llc holds 0.01% or 406 shares in its portfolio. Aberdeen Asset Management Public Limited Co Uk has invested 1.26% in CVS Health Corporation (NYSE:CVS). Sequoia Fincl Advsrs Ltd holds 6,406 shares or 0.06% of its portfolio. Hilltop has 0.11% invested in CVS Health Corporation (NYSE:CVS) for 4,705 shares. Huntington Savings Bank reported 262,998 shares. Raub Brock Capital Mgmt LP stated it has 3.96% in CVS Health Corporation (NYSE:CVS). Heritage Wealth Advsr has 0.17% invested in CVS Health Corporation (NYSE:CVS). Boltwood Management stated it has 8,575 shares or 0.47% of all its holdings. Sun Life Fincl Incorporated holds 0.06% in CVS Health Corporation (NYSE:CVS) or 7,353 shares. National Bank & Trust Of The Ozarks reported 18,595 shares.

Among 25 analysts covering CVS Health (NYSE:CVS), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. CVS Health had 58 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of CVS Health Corporation (NYSE:CVS) has “Buy” rating given on Wednesday, November 9 by Mizuho. The firm earned “Buy” rating on Monday, August 24 by Vetr. Needham upgraded the stock to “Buy” rating in Friday, November 10 report. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, August 5. Oppenheimer maintained the shares of CVS in report on Monday, November 2 with “Outperform” rating. As per Thursday, June 23, the company rating was maintained by Mizuho. The firm earned “Buy” rating on Tuesday, June 13 by Cowen & Co. As per Wednesday, August 19, the company rating was reinitiated by Evercore. On Friday, September 15 the stock rating was maintained by Jefferies with “Hold”. Robert W. Baird initiated CVS Health Corporation (NYSE:CVS) on Friday, January 22 with “Outperform” rating.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on February, 8. They expect $1.90 EPS, up 11.11% or $0.19 from last year’s $1.71 per share. CVS’s profit will be $1.92B for 9.33 P/E if the $1.90 EPS becomes a reality. After $1.50 actual EPS reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 26.67% EPS growth.

Swedbank, which manages about $14.93B US Long portfolio, upped its stake in Adobe Systems In (NASDAQ:ADBE) by 427,321 shares to 1.43 million shares, valued at $201.72M in 2017Q2, according to the filing. It also increased its holding in Mastercard Inc (NYSE:MA) by 131,994 shares in the quarter, for a total of 3.03M shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *