Annis Gardner Whiting Capital Advisors cut CVS Health holdings by over 50%, despite the company reporting strong Q4 earnings and raising dividends.

An institutional investor, Annis Gardner Whiting Capital Advisors, significantly reduced its holdings in CVS Health by 50.3%, selling 927 shares to own just 917 shares valued at $41,000. CVS Health reported strong Q4 earnings of $1.19 per share, exceeding analyst expectations by $0.30. The company announced a quarterly dividend of $0.665 per share, payable on May 1st. CVS Health has a market cap of $80.11 billion, a PE ratio of 17.36, and a consensus rating of "Moderate Buy" with a target price of $70.39.

4 days ago
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