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CVS Posts Quarterly EPS Beat as Major Investors Adjust CVS Stakes

CVS Health logoCVS Health
Sig1.35Sen+1.60Env0.00Soc0.00Gov0.00

Continuum Advisory LLC cut its CVS Health shareholding by 98.8% in Q2, while Sankala Group LLC and Global Trust Asset Management LLC added smaller new positions, with Global Trust increasing its stake by 344.8% to 387 shares worth about $28,000. CVS reported Q2 EPS of $2.58 versus $1.87 expected and paid a quarterly dividend on Aug. 3, with a payout ratio of 70.37%.

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