Economy

Ex-Div Reminder for Convergys (CVG)

Fort Washington Investment Advisors Inc sold 1.62M shares as the company's stock declined 2.20% while stock markets rallied. Flinton Capital Management LLC now owns 4,984 shares of the business services provider's stock valued at $106,000 after buying an additional 336 shares in the last quarter. Institutional owners hold 0.05% stake in the company while Insiders ownership held at 1.20%. Systematic Management Limited Partnership holds 0.03% of its portfolio in Convergys Corp (NYSE:CVG) for 72,710 shares. It has underperformed by 27.55% the S&P500. Short interest grew from 6,527,542 to 6,613,766 over that timeframe. The expected CVG's profit could reach $41.05M giving the stock 14.25 P/E in the case that $0.44 earnings per share is reported. Its up 3.17% from 29.80M shares previously. The days to cover increased to 14.0 and the percentage of shorted shares is 0.07% as of August 31. About shares traded. Cypress Semiconductor Corporation (NASDAQ:CY) has risen 39.45% since September 20, 2016 and is uptrending. It has outperformed by 22.75% the S&P500. This dividend amount was represent a yield of $1.62. MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions. Therefore 89% are positive.

Short traders are feeling a little more bearish on Convergys Corporation recently if you watch the uptick in short interest. Needham maintained the stock with "Buy" rating in Friday, February 19 report. The stock now has a consensus rating of Hold and an average target price of $33.00. Fort Washington Investment Advisors Inc who had been investing in Convergys Corp for a number of months, seems to be less bullish one the $2.34 billion market cap company. The firm has "Buy" rating by Piper Jaffray given on Friday, August 25. The rating was initiated by Keefe Bruyette & Woods with "Buy" on Wednesday, August 9. The total value of its holdings increased 78.3%. Zweig owns 10,200 shares or 0.02% of their United States portfolio. Zpr Inv Mgmt invested in 2.1% or 57,705 shares. Capstone Asset Comm has invested 0.01% in Cypress Semiconductor Corporation (NASDAQ:CY). The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.07. Truepoint accumulated 0.02% or 8,750 shares. The stock rose 0.36% or $0.09 reaching $25.09. 729,419 are owned by Sei Invests. Riverhead Mngmt Ltd Llc stated it has 7,525 shares. As of quarter end Lombardia Capital Partners LLC had bought 17,666 shares growing its stake by 107.2%. Therefore 0 are positive. Triumph Bancorp had 13 analyst reports since July 28, 2015 according to SRatingsIntel.

Convergys Corporation had its "neutral" rating reiterated by analysts at Citigroup. SunTrust downgraded the stock to "Hold" rating in Wednesday, February 15 report. The company was downgraded on Monday, April 4 by Sidoti. The stock has "Hold" rating by Robert W. Baird on Friday, September 15. The rating was upgraded by Zacks on Friday, August 14 to "Sell". The rating was upgraded by Zacks on Wednesday, August 26 to "Sell". Convergys Corp had 10 analyst reports since August 14, 2015 according to SRatingsIntel. As per Friday, July 21, the company rating was upgraded by PiperJaffray. The ex-dividend date of this dividend is Thursday, September 21st. Shares for $155,427 were sold by Greenwald Taylor C on Thursday, June 1. Convergys Corp (NYSE:CVG) has declined 10.85% since September 20, 2016 and is downtrending.

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.25, from 1.18 in 2016Q3. It worsened, as 33 investors sold Convergys Corp shares while 88 reduced holdings. 40 funds opened positions while 97 raised stakes. Shares of Convergys Corp (CVG) have a 7-day moving average of 24.73. Creating a specific plan for investing may help turn the ship around. Sei Investments has invested 0% in Convergys Corp (NYSE:CVG). After crunching all the numbers, investors can use the information to calculate ratios to help determine if the company is properly valued and worth adding to the portfolio. Zebra Capital Management Ltd Liability reported 0.68% stake. Ing Groep Nv, Netherlands-based fund reported 11,452 shares. California Employees Retirement Sys holds 0.01% or 266,600 shares. Da Davidson & holds 531 shares. Convergys Corp (CVG) has a current ROIC of 7.94. Moreover, Price T Rowe Associates Incorporated Md has 0% invested in Convergys Corp (NYSE:CVG). Fundamental analysis involves diving into company financials. Mason Street Advsr Limited Liability Company holds 0.03% or 44,511 shares. They expect $0.44 EPS, down 4.35% or $0.02 from last year's $0.46 per share. CVG has a beta of 1.05 and MARA's beta is 0.94.

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