CVS HealthCVS
Market Cap: 76.6B
About: CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
Employees: 300,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
2% more call options, than puts
Call options by funds: $1.49B | Put options by funds: $1.46B
0.43% less ownership
Funds ownership: 78.96% [Q4 2023] → 78.53% (-0.43%) [Q1 2024]
2% less capital invested
Capital invested by funds: $80.2B [Q4 2023] → $78.7B (-$1.54B) [Q1 2024]
5% less funds holding
Funds holding: 2,189 [Q4 2023] → 2,088 (-101) [Q1 2024]
26% less repeat investments, than reductions
Existing positions increased: 748 | Existing positions reduced: 1,006
41% less funds holding in top 10
Funds holding in top 10: 66 [Q4 2023] → 39 (-27) [Q1 2024]
45% less first-time investments, than exits
New positions opened: 124 | Existing positions closed: 225
Research analyst outlook
23 Wall Street Analysts provided 1 year price forecasts over the past 6 months
23 analyst ratings
Cantor Fitzgerald Sarah James | 5%downside $58 | Neutral Reiterated | 23 Jul 2024 |
Cantor Fitzgerald Sarah James | 5%downside $58 | Neutral Reiterated | 12 Jun 2024 |
JP Morgan Lisa Gill | 41%upside $86 | Overweight Maintained | 30 May 2024 |
Baird Michael Ha | 0%upside $61 | Neutral Initiated | 30 May 2024 |
Argus Research Chris Graja | 31%upside $80 | Buy Maintained | 8 May 2024 |
Financial journalist opinion
Based on 159 articles about CVS published over the past 30 days