Economy

Cognizant Technology Solutions Corporation (CTSH) Stake Decreased by CIBC World Markets Inc

Cognizant Technology Solutions Corporation (CTSH) Stake Decreased by CIBC World Markets Inc”

The stock rose 1.53% or $0.33 reaching $21.86 per share. The institutional investor held 350,515 shares of the edp services company at the end of 2016Q4, valued at $19.64M, up from 343,980 at the end of the previous reported quarter. Guardian Life Insurance Co. of America now owns 2,351 shares of the information technology service provider's stock worth $140,000 after purchasing an additional 27 shares during the period.

About 295,910 shares traded. It has underperformed by 39.51% the S&P500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) slipped over -0.45% at $71.1, after hitting low of $71 in an intra-day trade. Amica Pension Fund Board Of Trustees acquired 24,812 shares as Cognizant Technology Solutions (CTSH)'s stock rose 12.87%. Cognizant Technology Solutio now has $42.63 billion valuation. About shares traded. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since September 11, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

Since June 19, 2017, it had 0 insider buys, and 1 insider sale for $798,900 activity. Therefore 0 are positive. 5,800 were reported by Nikko Asset Management Americas. The rating was upgraded by Berenberg to "Buy" on Tuesday, August 8. The firm has "Overweight" rating by Piper Jaffray given on Wednesday, October 28. Nomura maintained it with "Buy" rating and $69 target in Wednesday, August 9 report.

Looking forward, the company's quarterly earnings are expected to come at $0.46 in the three months through September 2017 and $0.49 in the quarter ending December 2017, reflecting 4.55% and 13.95% growth, respectively. The rating was maintained by RBC Capital Markets on Tuesday, February 9 with "Outperform".

Investors sentiment decreased to 2.22 in 2016 Q4. Its up 0.04, from 0.64 in 2016Q3. 44 funds opened positions while 81 raised stakes. Salem Inv Counselors Inc reported 5,776 shares.

Banque Pictet & Cie Sa increased Spdr Gold Trust (GLD) stake by 11,460 shares to 138,945 valued at $15.23M in 2016Q4. Qci Asset Mgmt Ny holds 3.4% or 219,795 shares. 134,298 were reported by Guggenheim Limited Liability Co. First Republic Mgmt holds 0.44% or 898,336 shares in its portfolio. 126,577 are owned by Chesley Taft & Assoc Limited Liability Company. It fall, as 8 investors sold TICC Capital Corp. shares while 18 reduced holdings. Aviva Public Ltd Company has 0.03% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Adell Harriman And Carpenter Inc accumulated 8,945 shares. Eagle Ridge Investment Management now owns 103,690 shares of the information technology service provider's stock valued at $6,172,000 after purchasing an additional 2,242 shares during the period. 35,256 were reported by Brown Management Limited Liability Co. Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 305,674 shares or 0.66% of all its holdings.

Investors sentiment increased to 0.68 in 2016 Q4.

The (Simple Month Average) SMA20 is at 0.87 percent, its SMA50 Value is 2.41% and SMA200 value is reported as 14.71 Percent. 123 funds opened positions while 723 raised stakes. The volume of CTSH witnessed a shift from 2.51 million shares, based on a 50-day average, to 3.35 million shares. Blackrock Fund Advsr holds 0.08% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 8.16 million shares. Factory Mutual Insurance Communications has 1.22 million shares for 0.82% of their portfolio. Pittenger & Anderson reported 75,316 shares. Schroder Mgmt Grp Inc owns 3.83M shares. Dsc Advisors Lp bought 54,831 shares as the company's stock declined 2.93% while stock markets rallied. Moreover, Principal Fin Group Inc Incorporated Inc has 0.06% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 876,429 shares. Com Retail Bank holds 4,837 shares or 0% of its portfolio. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) has "Buy" rating given on Wednesday, July 20 by Citigroup. $99,000 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by Kandiah Gajakarnan Vibushanan on Tuesday, May 23. (NASDAQ:TICC). Tudor Invest Et Al holds 0.01% in TICC Capital Corp. Waddell & Reed Fincl Incorporated stated it has 0.11% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). $46,230 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares were sold by CHATTERJEE DEBASHIS. Todd Asset Mngmt Ltd Liability Com stated it has 392,292 shares or 0.87% of all its holdings.

Cognizant Technology Solutions Corporation has a beta of 1.32, offering the possibility of a higher rate of return, but also posing more risk. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Therefore 53% are positive. Zacks Investment Research lowered shares of Cognizant Technology Solutions Corporation from a "buy" rating to a "hold" rating in a research report on Thursday, August 10th. Oppenheimer maintained it with "Buy" rating and $8000 target in Tuesday, June 13 report. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) has "Neutral" rating given on Thursday, September 15 by Goldman Sachs. Jefferies maintained Cognizant Technology Solutions Corp (NASDAQ:CTSH) rating on Monday, October 10. The stock has "Hold" rating by Loop Capital on Tuesday, January 10. 12,000 Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares with value of $750,000 were sold by Veeraraghavachary Srinivasan. HSBC initiated the shares of CTSH in report on Friday, September 30 with "Buy" rating. The stock is now showing its Return on Assets (ROA) value of 13.6 Percent.



Like this

Latest


12 September 2017
Kancha Ilaiah Shepherd Files Police Complaint After Threat Calls From Unknown Persons
Vysya associations are complaining that the title and some contents of the book are derogatory and offensive to the community. It is a research book on several communities, including Brahmins, Kapus, Golla Kurma, Chakali, Mala and Madiga", he said.

12 September 2017
Flash flood watch, wind advisory for Monday and Tuesday
Rainfall amounts will range from five to eight inches across Southeast South Carolina, with locally higher amounts possible. Showers associated with the outer rain bands of Irma move in from the south on Monday.

12 September 2017
Apogee Enterprises Inc (NASDAQ:APOG): Positive Stock Sentiment
California-based Blackrock Institutional Trust Communications Na has invested 0% in Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI). BidaskClub lowered Apogee Enterprises from a "sell" rating to a "strong sell" rating in a research note on Friday, July 28th.

12 September 2017
United Nations bans North Korea's textile export
The United States watered down an initial tougher draft resolution to win the support of Pyongyang ally China and Russian Federation .

12 September 2017
USC has the second best odds to win the National Championship
Texas in that legendary Rose Bowl was also vacated, literally claiming in its game notes for this week it was a "vacated loss". It's nice USC at least mentions the Rose Bowl game, but the fact they refer to it as a "vacated loss" is interesting.

12 September 2017
North Korea warns USA , 'the blood-thirsty beast', against fresh United Nations sanctions
The sale of natural gas will be prohibited and refined petroleum sales will be capped at 2 million barrels annually. More than 90,000 North Korean workers employed overseas bring the regime about a half billion dollars a year.

12 September 2017
Were Analysts Bearish Hudbay Minerals Inc (NYSE:HBM) This Week?
Eight Capital reissued a "buy" recommendation on stocks of Hudbay Minerals in a study note published on early Thur, Aug 17th. As of the end of the quarter Sailingstone Capital Partners LLC had bought 11,254,692 shares growing its stake by 147.0%.

12 September 2017
Kelly rips Dem lawmaker who called him 'disgrace' after DACA decision
Please note: This is a commentary piece. "Every DOJ and DHS lawyer says DACA is unconstitutional. The comments from Kelly , a retired four-star Marine general, came less than a week after Rep.

12 September 2017
Mark Carney appointed chair of Bank for International Settlements groups
BIS acts as an arbiter for worldwide central banking and is made up of a consortium of central bankers from around the world. He starts in December, when Augustin Carstens, who now chairs both bodies, becomes general manager of the BIS.

12 September 2017
South Korea deploys U.S. anti-missile launchers amid protests
Putin says he believes President Donald Trump's administration is willing to defuse tensions over North Korea's nuclear ambitions. Opposition to THAAD has been fierce both within South Korea and without.



Recommended