Economy

Cognizant Technology Solutions Corporation (CTSH) Holdings Cut by ETRADE Capital Management LLC

Sentry Invests Corporation has 0.35% invested in Cognizant Tech Sol (SWX:CTSH) for 716,500 shares. The hedge fund run by David Kowitz held 700,197 shares of the edp services company at the end of 2017Q2, valued at $46.49M, down from 749,029 at the end of the previous reported quarter.

In recent action, Cognizant Technology Solutions Corporation (CTSH) has made a move of +3.24% over the past month, which has come on weak relative transaction volume. The stock has been active on the tape, now trading at $71.91, up from yesterday's close by 0.40%. It is down 5.50% since September 28, 2016 and is uptrending. It has underperformed by 11.20% the S&P500. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. Therefore 71% are positive.

A number of equities research analysts have issued reports on the stock. The company presently has a consensus rating of "Buy" and a consensus target price of $72.51. As per Tuesday, September 22, the company rating was upgraded by Zacks. The firm earned "Neutral" rating on Thursday, September 15 by Goldman Sachs. RBC Capital Markets has "Buy" rating and $77.0 target. The firm has "Neutral" rating given on Wednesday, August 12 by Bank of America. Stephens initiated the shares of NHI in report on Wednesday, September 14 with "Overweight" rating. Societe Generale initiated the stock with "Buy" rating in Monday, September 26 report. The firm has "Buy" rating by Oppenheimer given on Tuesday, June 13.

Investors sentiment increased to 1.57 in 2017 Q2. Its down 0.15, from 0.91 in 2017Q1. CHATTERJEE DEBASHIS sold 1,524 shares worth $99,060. 27 funds opened positions while 80 raised stakes. Numeric Invsts Ltd Llc holds 62,100 shares. The dividend payment was $0.150 per share for the quarter which is $0.60 annualized.

Investors are always on the look for the next great stock to own. Commerzbank Aktiengesellschaft Fi invested in 0.01% or 4,836 shares. Washington Communication holds 1.2% or 296,042 shares in its portfolio. Dimensional Fund Advisors L P invested in 0.02% or 565,542 shares. Mariner Wealth Advisors Limited Liability Company holds 40,680 shares. Teachers Annuity Association Of America reported 39,678 shares. Seabridge Inv Lc reported 0.15% stake.

The stock decreased 1.21% or $0.35 during the last trading session, reaching $28.55.

On June 6, 2017, the Company held its annual meeting of stockholders. About 2 shares traded. About shares traded. Mimecast Ltd (NASDAQ:MIME) has risen 240.79% since September 27, 2016 and is uptrending.

National Health Investors, Inc.is a self-managed real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments.

This company has been competing with others in the Technology space and offers its own combination of interesting factors Cognizant Technology Solutions Corporation (CTSH) now trades with a market capitalization of $42.35 Billion. The Firm is engaged in the business of owning and financing healthcare properties. It has a 34.46 P/E ratio. The Company's portfolio consists of lease, mortgage and other note investments in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities, specialty hospitals and medical office buildings. Analysts are forecasting earnings of $0.95 on a per share basis this quarter. CTSH's profit will be $502.02M for 21.06 P/E if the $0.85 EPS becomes a reality. After $-0.04 actual earnings per share reported by Mimecast Ltd for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

The stock recorded a fall in short interest from August 15, 2017 to August 31, 2017 of -0.99%. It worsened, as 53 investors sold CTSH shares while 330 reduced holdings.

Other institutional investors have also recently added to or reduced their stakes in the company. 503.05 million shares or 1.75% less from 512.00 million shares in 2017Q1 were reported. Based on the results of the Frequency Vote and consistent with the recommendation of the Board of Directors of the Company (the "Board"), the Board has determined to hold an advisory vote on the compensation of the Company's named executive officers every year until the next advisory vote regarding the frequency of future advisory votes on the compensation of the Company's named executive officers is submitted to the stockholders, or the Board otherwise determines that a different frequency for such advisory votes is in the best interests of the Company.

Analysts await Cognizant Technology Solutions Corp (NASDAQ:CTSH) to report earnings on November, 6. Guardian Life Insurance Co. of America lifted its stake in shares of Cognizant Technology Solutions Corporation by 1.2% in the 1st quarter. Associated Banc stated it has 0.16% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Allstate Corporation has invested 0.11% in Cognizant Tech Sol (SWX:CTSH). Over the past week, shares are -3.04%. Livforsakringsbolaget Skandia Omsesidigt reported 11,620 shares or 0.07% of all its holdings. Shelton Cap Mngmt has invested 0.24% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Gsa Prns Llp owns 25,892 shares or 0.11% of their United States portfolio. Bbva Compass Bankshares has 8,618 shares.

Since April 28, 2017, it had 0 insider purchases, and 20 insider sales for $8.33 million activity.

On Monday, August 7th, Sumithra Gomatam sold 10,000 shares of Cognizant Technology Solutions Corporation stock. Insiders sold 287,357 shares of company stock valued at $20,521,043 in the last ninety days. Below is a list of Cognizant Tech Sol (SWX:CTSH) latest ratings and price target changes. $122,850 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares were sold by Middleton Sean.

Cognizant Technology Solutions Corp (NASDAQ:CTSH) last released its quarterly earnings data on Wednesday, February 8th.

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