Prudential PLC Sells 181500 Shares of Cognizant Technology Solutions Corporation (CTSH)

Adjust Comment Print

Plante Moran Fin Advsr Lc owns 1,271 shares.

About 97,323 shares traded. It has outperformed by 1.41% the S&P500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares are up more than 29.31% this year and recently decreased -0.12% or -$0.09 to settle at $72.45.

Cognizant Technology Solutions Corporation insiders have sold a net of -356,274 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. The 7 months bullish chart indicates low risk for the $42.99B company. The stock traded within a range of $72.22 and $72.92. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since October 2, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q2. Its down 0.15, from 0.91 in 2017Q1. Argent Tru invested in 0.1% or 3,573 shares. 46 funds opened positions while 133 raised stakes.

Majedie Asset Management Ltd decreased Chevron Corp (NYSE:CVX) stake by 18,807 shares to 121,526 valued at $12.68M in 2017Q2. (NASDAQ:INWK) for 364,827 shares. 68,007 were reported by Dean Assocs Ltd. San Francisco Sentry Invest Gp (Ca) reported 584 shares. (NASDAQ:INWK) for 25,073 shares. Eaton Vance Mngmt reported 0.05% stake. The New Jersey-based Condor Cap Management has invested 0.54% in Mastercard Inc (NYSE:MA). 175,794 are held by United Advisers Ltd Liability. Focused Wealth Mgmt has invested 0% of its portfolio in Alcoa Corp (NYSE:AA). The information technology service provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.11. 790.40 million shares or 0.23% less from 792.22 million shares in 2017Q1 were reported. Bank & Trust Of Nova Scotia owns 292,773 shares. Sachem Head Capital Management Lp, a New York-based fund reported 4.00 million shares. 403,655 are owned by Sumitomo Mitsui Asset Mngmt Limited. They now have a Dollars 65 price target on the stock. Therefore 100% are positive. Davis R M Inc reported 286,906 shares. The firm has "Outperform" rating given on Monday, February 27 by Barrington Research. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with "Buy".

Investors sentiment decreased to 0.76 in 2017 Q2. Its down 0.15, from 0.91 in 2017Q1. It dropped, as 53 investors sold CTSH shares while 330 reduced holdings.

Traders Sell Shares of International Business Machines Corporation (IBM) on Strength (IBM)
In the most updated research from a number of analysts on Wall Street, the company gets 17 Buys and 1 Sell among 26 analysts. Portland Glob Advisors Lc has 0.34% invested in Amazon.com, Inc. 2,750 are held by Beaumont Fincl Prtnrs Limited Liability.


Grt Capital Partners Llc increased Copart Inc (NASDAQ:CPRT) stake by 31,085 shares to 62,170 valued at $1.98 million in 2017Q2. Dalton Limited Liability Corporation invested in 320,422 shares or 8.01% of the stock. Bristol John W & NY owns 712,022 shares for 2.54% of their portfolio. It also reduced Mosaic Co New (NYSE:MOS) stake by 391,785 shares and now owns 11.48M shares.

Looking on other side, Forward Price to Earnings ratio of CTSH persists on 16.69. Tpg Grp Inc Holdings (Sbs) invested in 0.9% or 993,141 shares. Daiwa Sb Investments Ltd invested in 0.24% or 37,008 shares. Martin Currie Limited has 321,600 shares. Royal Fincl Bank Of Canada stated it has 925,428 shares. 1,093 are owned by Ledyard Bancshares. Cowen and Company reissued a "buy" rating and set a $75.00 price target on shares of Cognizant Technology Solutions Corporation in a report on Friday, July 28th. Hilltop holds 0.17% or 8,589 shares. Over the past week, shares are 0.01%. Moreover, Strs Ohio has 0.11% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 382,119 shares. Proshare Limited Co has 0.16% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH). After $-0.42 actual earnings per share reported by Aralez Pharmaceuticals Inc for the previous quarter, Wall Street now forecasts -2.38% EPS growth. $3.19 million worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by CHINTAMANENI RAMAKRISHNA PRASAD. At $40, Earn 2.2% Using Options" published on June 16, 2017, Nasdaq.com published: "Strategy To YieldBoost Cognizant Technology Solutions Corp.

Since May 26, 2017, it had 2 insider buys, and 0 selling transactions for $471,689 activity.

More notable recent Cognizant Technology Solutions Corp (NASDAQ:CTSH) news were published by: Seekingalpha.com which released: "Cognizant Technology Solutions (CTSH) Q1 2017 Results - Earnings Call Transcript" on May 05, 2017, also Nasdaq.com with their article: "Schwartz Investment Counsel Inc Buys Hexcel Corp, Cognizant Technology ..." published on August 11, 2017, Nasdaq.com published: "Agree To Buy Cognizant Technology Solutions Corp". Northwestern Mutual Investment Management Company LLC raised its holdings in Cognizant Technology Solutions Corporation by 76.6% during the 1st quarter.

The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.10 for CTSH and 2.50 for EVTC, which implies that analysts are more bullish on the outlook for EVTC. Therefore 13% are positive. Pattern Energy had 29 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) earned "Buy" rating by Loop Capital on Friday, August 4. The firm has "Buy" rating given on Friday, October 16 by Cantor Fitzgerald. The stock of Mastercard Inc (NYSE:MA) has "Top Pick" rating given on Wednesday, February 1 by RBC Capital Markets. Kandiah Gajakarnan Vibushanan sold $62,841 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) on Friday, April 28. SunTrust Banks, Inc. upgraded shares of Cognizant Technology Solutions Corp from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday, April 13th. Of the analysts surveyed by Reuters that track JetBlue Airways Corporation 8 of them rate its stock a hold. Morgan Stanley maintained it with "Underweight" rating and $59 target in Thursday, August 10 report. Wedbush initiated the stock with "Neutral" rating in Friday, September 9 report. $302,479 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by KRISHNASWAMY VENKAT on Friday, May 19. Analysts expect CTSH to grow earnings at a 13.98% annual rate over the next 5 years. CTSH's profit will be $502.02 million for 21.31 P/E if the $0.85 EPS becomes a reality. Carroll Assocs holds 0% in Cognizant Technology Solutions Corp (NASDAQ:CTSH) or 417 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Comments