Buckingham Asset Management Llc increased its stake in Cintas Corp (CTAS) by 61.88% based on its latest 2017Q3 regulatory filing with the SEC. Buckingham Asset Management Llc bought 2,190 shares as the company’s stock rose 2.03% with the market. The institutional investor held 5,729 shares of the apparel company at the end of 2017Q3, valued at $827,000, up from 3,539 at the end of the previous reported quarter. Buckingham Asset Management Llc who had been investing in Cintas Corp for a number of months, seems to be bullish on the $17.68 billion market cap company. The stock decreased 1.06% or $1.77 during the last trading session, reaching $166. About 483,731 shares traded. Cintas Corporation (NASDAQ:CTAS) has risen 32.38% since January 30, 2017 and is uptrending. It has outperformed by 15.68% the S&P500.
Scotia Capital Inc decreased its stake in Cognizant Technology Solutio (CTSH) by 29.99% based on its latest 2017Q3 regulatory filing with the SEC. Scotia Capital Inc sold 12,689 shares as the company’s stock rose 12.87% with the market. The institutional investor held 29,615 shares of the edp services company at the end of 2017Q3, valued at $2.15 million, down from 42,304 at the end of the previous reported quarter. Scotia Capital Inc who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $46.08 billion market cap company. The stock decreased 0.36% or $0.28 during the last trading session, reaching $78.15. About 2.73 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since January 30, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.
Among 15 analysts covering Cintas (NASDAQ:CTAS), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. Cintas had 41 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Tuesday, July 25 by Morgan Stanley. The stock of Cintas Corporation (NASDAQ:CTAS) earned “Neutral” rating by Instinet on Tuesday, June 27. The company was maintained on Thursday, September 28 by RBC Capital Markets. RBC Capital Markets maintained Cintas Corporation (NASDAQ:CTAS) rating on Monday, November 20. RBC Capital Markets has “Hold” rating and $145.0 target. The stock of Cintas Corporation (NASDAQ:CTAS) earned “Buy” rating by Robert W. Baird on Tuesday, October 31. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, December 22 report. Stifel Nicolaus maintained Cintas Corporation (NASDAQ:CTAS) on Tuesday, December 20 with “Hold” rating. The firm has “Hold” rating given on Tuesday, June 27 by Nomura. As per Thursday, September 21, the company rating was maintained by KeyBanc Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, December 22 report.
Buckingham Asset Management Llc, which manages about $6.11B and $420.44 million US Long portfolio, decreased its stake in Powershares Etf Tr Ii (PSCC) by 6,009 shares to 4,961 shares, valued at $358,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VV) by 4,324 shares in the quarter, leaving it with 15,873 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.02, from 1.04 in 2017Q2. It is negative, as 37 investors sold CTAS shares while 174 reduced holdings. 80 funds opened positions while 135 raised stakes. 69.32 million shares or 1.23% more from 68.47 million shares in 2017Q2 were reported. Wilbanks Smith & Thomas Asset Mgmt Limited Liability Corp accumulated 0.03% or 2,800 shares. Moreover, Swiss Bancshares has 0.08% invested in Cintas Corporation (NASDAQ:CTAS). Natl Pension Serv stated it has 95,163 shares or 0.07% of all its holdings. Dnb Asset Mgmt As holds 12,448 shares. Moreover, X Management Co Lc has 0.01% invested in Cintas Corporation (NASDAQ:CTAS). Ent Financial Serv holds 0% of its portfolio in Cintas Corporation (NASDAQ:CTAS) for 30 shares. Long Road Inv Counsel Limited Liability Corp holds 0.35% or 3,450 shares. Hightower Advsrs Ltd Liability Corporation invested 0.01% in Cintas Corporation (NASDAQ:CTAS). 15,664 are owned by Utah Retirement Systems. Cornerstone Capital Holdg Ltd Liability invested in 14,718 shares. Johnson Fincl holds 46 shares or 0% of its portfolio. First Mercantile Trust Communication invested in 3,776 shares. Reik Ltd Liability reported 61,976 shares. Raymond James & Assocs reported 0.04% of its portfolio in Cintas Corporation (NASDAQ:CTAS). Blackrock Inc reported 6.61M shares or 0.05% of all its holdings.
Since August 11, 2017, it had 0 buys, and 3 sales for $2.37 million activity. On Friday, August 11 Hansen J. Michael sold $104,600 worth of Cintas Corporation (NASDAQ:CTAS) or 800 shares. 2,000 shares valued at $267,380 were sold by Adolph Gerald S on Tuesday, August 15.
Scotia Capital Inc, which manages about $7.02B US Long portfolio, upped its stake in Sodastream International Ltd (NASDAQ:SODA) by 23,565 shares to 68,520 shares, valued at $4.55 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (SHY) by 15,470 shares in the quarter, for a total of 86,879 shares, and has risen its stake in Brookfield Business Partners.
Among 30 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 24 have Buy rating, 1 Sell and 5 Hold. Therefore 80% are positive. Cognizant Technology Solutions Corp. had 76 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 5. The firm has “Buy” rating given on Monday, September 26 by Societe Generale. KeyBanc Capital Markets maintained it with “Buy” rating and $81.0 target in Sunday, October 29 report. The company was maintained on Wednesday, July 12 by RBC Capital Markets. As per Tuesday, January 10, the company rating was initiated by Loop Capital. The rating was initiated by HSBC with “Buy” on Friday, September 30. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Hold” rating by HSBC on Thursday, June 8. The stock has “Buy” rating by Oppenheimer on Thursday, August 3. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Needham on Tuesday, November 8. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Wednesday, October 11 by Jefferies.
Since August 4, 2017, it had 0 buys, and 45 sales for $62.23 million activity. Mehta Rajeev had sold 8,559 shares worth $671,882 on Tuesday, January 23. 5,462 shares were sold by CHINTAMANENI RAMAKRISHNA PRASAD, worth $393,264 on Wednesday, August 16. $1.93M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by RAMAKRISHNAN CHANDRASEKARAN. GOMATAM SUMITHRA had sold 10,000 shares worth $697,469 on Monday, August 7. Shaheen Allen also sold $165,525 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares. McLoughlin Karen also sold $1.03M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares.
Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on February, 14. They expect $0.88 EPS, up 15.79% or $0.12 from last year’s $0.76 per share. CTSH’s profit will be $518.89M for 22.20 P/E if the $0.88 EPS becomes a reality. After $0.93 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.
The post Buckingham Asset Management Upped Its Cintas (CTAS) Stake by $315,360; Shares Rose; Scotia Capital Has Lowered Its Cognizant Technology Solutio (CTSH) Position by $913,608 appeared first on Stock Market News | HillCountryTimes | Get it Today.
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