Segall Bryant & Hamill Holding in J.M. Smucker Company (SJM) Has Trimmed by $586,892; As Cvs Health Com (CVS) Shares Declined, Boston Common Asset Management Trimmed Position

May 27, 2018 - By Peter Mason

CVS Health Corporation (NYSE:CVS) Logo

Segall Bryant & Hamill Llc decreased its stake in J.M. Smucker Company (SJM) by 12.32% based on its latest 2017Q4 regulatory filing with the SEC. Segall Bryant & Hamill Llc sold 4,733 shares as the company’s stock declined 2.24% with the market. The hedge fund held 33,681 shares of the packaged foods company at the end of 2017Q4, valued at $4.18M, down from 38,414 at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in J.M. Smucker Company for a number of months, seems to be less bullish one the $12.47B market cap company. The stock decreased 0.09% or $0.1 during the last trading session, reaching $109.74. About 884,123 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 7.89% since May 27, 2017 and is downtrending. It has underperformed by 19.44% the S&P500.

Boston Common Asset Management Llc decreased its stake in Cvs Health Corp Com (CVS) by 71.49% based on its latest 2017Q4 regulatory filing with the SEC. Boston Common Asset Management Llc sold 38,360 shares as the company’s stock declined 17.45% with the market. The institutional investor held 15,295 shares of the medical and nursing services company at the end of 2017Q4, valued at $1.11M, down from 53,655 at the end of the previous reported quarter. Boston Common Asset Management Llc who had been investing in Cvs Health Corp Com for a number of months, seems to be less bullish one the $67.13B market cap company. The stock increased 1.40% or $0.91 during the last trading session, reaching $66.03. About 5.56 million shares traded. CVS Health Corporation (NYSE:CVS) has declined 22.81% since May 27, 2017 and is downtrending. It has underperformed by 34.36% the S&P500.

Segall Bryant & Hamill Llc, which manages about $9.47 billion and $4.54 billion US Long portfolio, upped its stake in Blackbaud Inc (NASDAQ:BLKB) by 6,589 shares to 79,721 shares, valued at $7.53M in 2017Q4, according to the filing. It also increased its holding in Ishares Nasdaq Biotech Indx (IBB) by 3,180 shares in the quarter, for a total of 4,770 shares, and has risen its stake in Allegiant Travel Co Com (NASDAQ:ALGT).

Analysts await The J. M. Smucker Company (NYSE:SJM) to report earnings on June, 14. They expect $2.21 earnings per share, up 22.78% or $0.41 from last year’s $1.8 per share. SJM’s profit will be $251.05 million for 12.41 P/E if the $2.21 EPS becomes a reality. After $2.50 actual earnings per share reported by The J. M. Smucker Company for the previous quarter, Wall Street now forecasts -11.60% negative EPS growth.

Among 20 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 5 Sell and 9 Hold. Therefore 30% are positive. J. M. Smucker Company had 74 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 16 by Jefferies. The company was maintained on Saturday, August 29 by Citigroup. The company was maintained on Thursday, June 1 by Credit Suisse. As per Wednesday, October 21, the company rating was maintained by Deutsche Bank. Susquehanna maintained the shares of SJM in report on Wednesday, May 31 with “Hold” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, June 3. The stock has “Outperform” rating by Credit Suisse on Wednesday, September 16. The firm has “Outperform” rating given on Wednesday, August 19 by Credit Suisse. The stock has “Sell” rating by Goldman Sachs on Monday, April 4. The stock of The J. M. Smucker Company (NYSE:SJM) has “Hold” rating given on Wednesday, August 23 by Susquehanna.

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.05, from 0.89 in 2017Q3. It increased, as 53 investors sold SJM shares while 236 reduced holdings. 94 funds opened positions while 179 raised stakes. 84.66 million shares or 1.41% more from 83.48 million shares in 2017Q3 were reported. Bluemountain Management Ltd Llc, New York-based fund reported 52,627 shares. Sterling Mngmt reported 0.02% in The J. M. Smucker Company (NYSE:SJM). Diversified Com reported 2,069 shares. Manitoba – Canada-based Great West Life Assurance Can has invested 0.08% in The J. M. Smucker Company (NYSE:SJM). Mark Sheptoff Fincl Planning Ltd Liability has 43,995 shares. 2,278 are held by Private Advisor Grp Incorporated Ltd. Professional Advisory Svcs reported 76,507 shares. Citigroup Incorporated holds 87,112 shares. Clearbridge Investments Lc holds 0% or 15 shares in its portfolio. Robeco Institutional Asset Bv has 0.06% invested in The J. M. Smucker Company (NYSE:SJM) for 85,902 shares. Winslow Evans And Crocker Incorporated accumulated 948 shares. Amundi Pioneer Asset Mngmt Inc holds 0.05% or 269,009 shares. Old Mutual Customised Solutions (Proprietary) holds 2,620 shares. Moreover, Stifel Fincl has 0.22% invested in The J. M. Smucker Company (NYSE:SJM). Dimensional Fund Advsrs Lp reported 1.76M shares stake.

More notable recent The J. M. Smucker Company (NYSE:SJM) news were published by: Investorplace.com which released: “5 Top Stock Trades for Tuesday Morning” on May 21, 2018, also Seekingalpha.com with their article: “Packaged food stocks follow Campbell Soup lower” published on May 18, 2018, Investorplace.com published: “7 Consumer Goods Stocks That Will Rise Again” on May 11, 2018. More interesting news about The J. M. Smucker Company (NYSE:SJM) were released by: Streetinsider.com and their article: “Kraft Heinz (KHC) PT Lowered to $58 at Susquehanna; Sees Company Having to Settle for Smaller M&A Like …” published on May 22, 2018 as well as Investorplace.com‘s news article titled: “5 Top Stock Trades for Friday Morning” with publication date: May 10, 2018.

Investors sentiment decreased to 0.72 in Q4 2017. Its down 0.16, from 0.88 in 2017Q3. It worsened, as 115 investors sold CVS shares while 600 reduced holdings. 134 funds opened positions while 380 raised stakes. 815.59 million shares or 1.76% more from 801.45 million shares in 2017Q3 were reported. Wealth Enhancement Advisory Serv Ltd Liability has invested 0.07% in CVS Health Corporation (NYSE:CVS). Stone Ridge Asset Mngmt Ltd Liability Corp has invested 0.47% in CVS Health Corporation (NYSE:CVS). Da Davidson And stated it has 0.78% of its portfolio in CVS Health Corporation (NYSE:CVS). Natl Pension Service owns 850,361 shares. Moreover, Rdl has 0.68% invested in CVS Health Corporation (NYSE:CVS). Wilbanks Smith Thomas Asset Mngmt Limited Liability Corporation holds 0.03% or 5,316 shares. Mercer Capital Advisers Inc holds 0.08% or 1,500 shares in its portfolio. Klingenstein Fields Lc invested in 0.35% or 132,463 shares. Stephens Ar stated it has 0.2% of its portfolio in CVS Health Corporation (NYSE:CVS). First Wilshire Secs Mgmt accumulated 4,650 shares. Integral Derivatives Limited Liability holds 0.01% or 5,996 shares in its portfolio. Janney Montgomery Scott Ltd Liability Co owns 255,688 shares. Tradewinds Cap Ltd Liability stated it has 0.16% of its portfolio in CVS Health Corporation (NYSE:CVS). Altavista Wealth Management Inc reported 0.81% in CVS Health Corporation (NYSE:CVS). Asset Advsrs Corp holds 0.09% or 7,600 shares in its portfolio.

Analysts await CVS Health Corporation (NYSE:CVS) to report earnings on August, 14. They expect $1.61 EPS, up 21.05% or $0.28 from last year’s $1.33 per share. CVS’s profit will be $1.64B for 10.25 P/E if the $1.61 EPS becomes a reality. After $1.48 actual EPS reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 8.78% EPS growth.

Since February 16, 2018, it had 2 insider buys, and 1 insider sale for $713,454 activity. $1.51M worth of CVS Health Corporation (NYSE:CVS) shares were bought by DORMAN DAVID W. 19,965 CVS Health Corporation (NYSE:CVS) shares with value of $1.42M were sold by Foulkes Helena.

Boston Common Asset Management Llc, which manages about $24.33 billion and $843.00 million US Long portfolio, upped its stake in Alibaba Group Holdings (NYSE:BABA) by 5,727 shares to 161,366 shares, valued at $27.82M in 2017Q4, according to the filing. It also increased its holding in Johnson & Johnson Com (NYSE:JNJ) by 4,105 shares in the quarter, for a total of 95,220 shares, and has risen its stake in Cme Group Inc Com (NASDAQ:CME).

CVS Health Corporation (NYSE:CVS) Institutional Positions Chart

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By1 Peter Mason

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