Enterprise Financial Services (EFSC) Touches $47.25 High on Jan, 14; Nwq Investment Management Company Cut Cvs Health (CVS) Stake By $9.79 Million

January 14, 2018 - By Nellie Frank

Nwq Investment Management Company Llc decreased Cvs Health Corp (CVS) stake by 16.54% reported in 2017Q3 SEC filing. Nwq Investment Management Company Llc sold 120,878 shares as Cvs Health Corp (CVS)’s stock declined 4.23%. The Nwq Investment Management Company Llc holds 610,109 shares with $49.61M value, down from 730,987 last quarter. Cvs Health Corp now has $79.81B valuation. The stock decreased 0.30% or $0.24 during the last trading session, reaching $78.78. About 7.10 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since January 14, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) reached all time high today, Jan, 14 and still has $51.03 target or 8.00% above today’s $47.25 share price. This indicates more upside for the $1.09 billion company. This technical setup was reported by Barchart.com. If the $51.03 PT is reached, the company will be worth $87.20M more. The stock increased 0.43% or $0.2 during the last trading session, reaching $47.25. About 96,218 shares traded. Enterprise Financial Services Corp (NASDAQ:EFSC) has risen 51.30% since January 14, 2017 and is uptrending. It has outperformed by 34.60% the S&P500.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.34, from 1.32 in 2017Q2. It dropped, as 15 investors sold Enterprise Financial Services Corp shares while 49 reduced holdings. 14 funds opened positions while 49 raised stakes. 16.80 million shares or 0.55% less from 16.89 million shares in 2017Q2 were reported. 52,489 are held by Anderson Hoagland Com. Comerica National Bank reported 0.01% stake. Sg Americas Limited Liability accumulated 5,396 shares. First Tru Advsrs Lp, a Illinois-based fund reported 41,789 shares. 731 were accumulated by Meeder Asset. Sei, a Pennsylvania-based fund reported 39,999 shares. Opus Group Ltd Llc holds 0.7% or 72,270 shares. Cornercap Inv Counsel Incorporated reported 0.22% in Enterprise Financial Services Corp (NASDAQ:EFSC). The New York-based Indexiq Advsr Ltd has invested 0.04% in Enterprise Financial Services Corp (NASDAQ:EFSC). Parkside Fincl Bancshares has invested 0.26% in Enterprise Financial Services Corp (NASDAQ:EFSC). Hutchin Hill Cap L P accumulated 5,700 shares or 0.01% of the stock. Thrivent Financial For Lutherans holds 0.06% or 401,830 shares in its portfolio. Swiss Financial Bank invested in 38,964 shares or 0% of the stock. Systematic Mgmt Ltd Partnership reported 40,125 shares stake. Northern Tru Corp stated it has 0% in Enterprise Financial Services Corp (NASDAQ:EFSC).

Among 3 analysts covering Enterprise Financial Services (NASDAQ:EFSC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Enterprise Financial Services had 13 analyst reports since October 23, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, October 26 with “Buy”. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Buy”. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm earned “Hold” rating on Thursday, June 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Enterprise Financial Services Corp (NASDAQ:EFSC) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $52.0 target. The company was initiated on Monday, July 11 by Piper Jaffray. Piper Jaffray maintained Enterprise Financial Services Corp (NASDAQ:EFSC) on Wednesday, December 6 with “Buy” rating. The firm has “Neutral” rating given on Thursday, November 12 by DA Davidson. DA Davidson maintained it with “Neutral” rating and $34 target in Wednesday, October 12 report. The firm has “Buy” rating by Piper Jaffray given on Friday, October 6.

Enterprise Financial Services Corp operates as the holding firm for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company has market cap of $1.09 billion. The firm offers demand deposits, interest-bearing transaction accounts, money market accounts, and savings deposits, as well as certificates of deposit. It has a 19.6 P/E ratio. The Company’s loan portfolio comprises commercial and industrial, commercial real estate, real estate construction and development, residential real estate, and consumer loans.

Analysts await Enterprise Financial Services Corp (NASDAQ:EFSC) to report earnings on January, 22. They expect $0.76 EPS, up 13.43% or $0.09 from last year’s $0.67 per share. EFSC’s profit will be $17.53M for 15.54 P/E if the $0.76 EPS becomes a reality. After $0.69 actual EPS reported by Enterprise Financial Services Corp for the previous quarter, Wall Street now forecasts 10.14% EPS growth.

Since August 31, 2017, it had 0 insider purchases, and 1 insider sale for $45,732 activity. 1,200 Enterprise Financial Services Corp (NASDAQ:EFSC) shares with value of $45,732 were sold by BAUCHE DOUGLAS.

Nwq Investment Management Company Llc increased Glaxosmithkline Plc (NYSE:GSK) stake by 233,689 shares to 2.73 million valued at $110.78M in 2017Q3. It also upped Turkcell Iletisim Hizmetleri (NYSE:TKC) stake by 285,384 shares and now owns 1.35M shares. Stoneridge Inc (NYSE:SRI) was raised too.

Among 25 analysts covering CVS Health (NYSE:CVS), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. CVS Health had 65 analyst reports since July 22, 2015 according to SRatingsIntel. As per Monday, November 2, the company rating was maintained by JP Morgan. SunTrust maintained the stock with “Buy” rating in Friday, October 13 report. The stock of CVS Health Corporation (NYSE:CVS) earned “Buy” rating by Jefferies on Thursday, May 12. The stock of CVS Health Corporation (NYSE:CVS) has “Hold” rating given on Wednesday, October 18 by Jefferies. Jefferies downgraded CVS Health Corporation (NYSE:CVS) on Monday, December 12 to “Hold” rating. The company was maintained on Wednesday, July 22 by Deutsche Bank. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. The firm has “Neutral” rating by Citigroup given on Monday, November 13. The stock of CVS Health Corporation (NYSE:CVS) earned “Hold” rating by Needham on Friday, September 8. The firm has “Hold” rating given on Wednesday, August 16 by Jefferies.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on February, 8. They expect $1.90 earnings per share, up 11.11% or $0.19 from last year’s $1.71 per share. CVS’s profit will be $1.92B for 10.37 P/E if the $1.90 EPS becomes a reality. After $1.50 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 26.67% EPS growth.

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By1 Nellie Frank







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