CVS Health Corporation $CVS Stake Increased by The Manufacturers Life Insurance Company
MarketBeat
The Manufacturers Life Insurance Company increased its stake in CVS Health Corporation by 5.8% in Q2, acquiring an additional 70,197 shares to hold a total of 1.29 million shares valued at $133.2 million. Analysts maintain a "Moderate Buy" rating for CVS with a consensus price target of $107.24. CVS recently reported strong Q2 earnings, with EPS of $2.58 and revenue up 7.3% year-over-year to $106.1 billion, and it continues to pay a quarterly dividend of $0.665 per share.
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