Cognizant Technology Solutions Corporation

13 October, 2017, 00:08 | Author: Sammy Rose

Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since October 12, 2016 and is uptrending. It has outperformed by 31.61% the S&P500.The move comes after 5 months negative chart setup for the $219.96M company. We have $79.34 PT which if reached, will make NASDAQ:CTSH worth $3.07 billion more.

Americafirst Capital Management Llc increased Express Scripts Holding Co (ESRX) stake by 208.39% reported in 2017Q2 SEC filing. Barclays Plc sold 16,569 shares as Blackhawk Network Hldgs Inc (HAWK)'s stock rose 16.53%. It improved, as 23 investors sold Hexcel Corporation shares while 95 reduced holdings. Cognizant Technology Solutions Corp Cl A now has $43.81B valuation. The stock declined 0.77% or $0.45 reaching $57.73 on the news. 503.05 million shares or 1.75% less from 512.00 million shares in 2017Q1 were reported. Blackhawk Network Holdings Inc (NASDAQ:HAWK) has risen 34.41% since October 12, 2016 and is uptrending. It has outperformed by 24.67% the S&P500. In the latest earnings report the EPS was $3.12 and is expected to be $3.70 for the current year with 590,622,000 shares presently outstanding. The stock had a fall in short interest of -1.89% as of September 15, 2017 from the last reporting period. CTSH's profit will be $501.98 million for 21.87 P/E if the $0.85 EPS becomes a reality. After $0.87 actual earnings per share reported by Cognizant Technology Solutions Corp for the previous quarter, Wall Street now forecasts -2.30% negative EPS growth.

It last reported revenues of $1.46 billion and EPS of $0.58 for the June 2017, representing 7% top-line growth and 0.54 EPS growth.

Among 5 analysts covering Banco Macro SA (NYSE:BMA), 1 have Buy rating, 0 Sell and 4 Hold. It dived, as 53 investors sold CTSH shares while 330 reduced holdings.

These funds have shifted positions in (CTSH). Jane Street Gru Ltd Llc has 0% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Factory Mutual Insurance holds 0.82% in Cognizant Technology Solutions Corp (NASDAQ:CTSH) or 1.07M shares. Shine Inv Advisory Services has invested 0.02% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Winslow Evans And Crocker Inc owns 392 shares or 0% of their U.S. portfolio. BlackRock Inc. now owns 40,747,905 shares of the information technology service provider's stock worth $2,425,316,000 after buying an additional 39,606,526 shares during the last quarter. (NDAQ:CTSH) from Buy to Hold in a report released on 06/08/2017. Quantum Capital Management now owns 6,179 shares of the information technology service provider's stock worth $368,000 after acquiring an additional 506 shares during the period. Amica Pension Fund Board Of Trustees invested 0.57% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Advisor Limited Com holds 0.17% in Cognizant Technology Solutions Corp (NASDAQ:CTSH) or 11,079 shares.

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Senator Investment Group Lp increased Cognizant Technology Solutio (CTSH) stake by 1.29% reported in 2017Q2 SEC filing. However, the institutional investors are observed to own 92.20% of the total shares.

Among 3 analysts covering Cogentix Medical (NASDAQ:CGNT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 54% are positive. EOG Resources had 93 analyst reports since July 22, 2015 according to SRatingsIntel. Also, President Rajeev Mehta sold 32,000 shares of the company's stock in a transaction dated Friday, September 1st. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, June 13. Following the completion of the sale, the president now directly owns 187,965 shares of the company's stock, valued at $13,349,274.30. On Wednesday, November 23 the stock rating was downgraded by William Blair to "Market Perform". The firm has "Hold" rating given on Monday, September 11 by Goldman Sachs. Wedbush initiated the stock with "Neutral" rating in Friday, September 9 report. Whitnell & Co bought 9,595 shares as the company's stock rose 12.87% with the market. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) earned "Buy" rating by RBC Capital Markets on Wednesday, July 12. Bank of America downgraded the shares of CTSH in report on Tuesday, November 22 to "Underperform" rating.

Since April 28, 2017, it had 0 insider purchases, and 20 sales for $8.33 million activity. Another trade for 1,890 shares valued at $117,180 was made by Middleton Sean on Friday, May 5.

According to the latest Filings, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) have decreased their position in the stock by -20.74% over the past 6 months. $674,365 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by Kandiah Gajakarnan Vibushanan. The stock was sold at an average price of $72.00, for a total transaction of $576,000.00. Also, EVP Allen Shaheen sold 442 shares of the business's stock in a transaction that occurred on Thursday, August 10th. SINHA DHARMENDRA KUMAR sold $601,445 worth of stock. The Company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. The solar segment supplies thermal processing systems, including diffusion; plasma-enhanced chemical vapor deposition (PECVD); atomic layer deposition (ALD), and related automation, parts and services to the solar/photovoltaic industry. Therefore 20% are positive. As per Tuesday, September 12, the company rating was upgraded by Morgan Stanley. The firm has "Buy" rating given on Friday, October 6 by JMP Securities. The firm has "Buy" rating given on Monday, September 11 by Cowen & Co. As per Thursday, August 6, the company rating was maintained by Needham. Dalton Investments LLC now owns 320,422 shares of the information technology service provider's stock worth $21,276,000 after purchasing an additional 21,800 shares in the last quarter.

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