Steven B. Klinsky decreased its stake in Cognizant Technology Solutio (CTSH) by 25.32% based on its latest 2017Q3 regulatory filing with the SEC. New Mountain Vantage Advisers Llc sold 132,693 shares as the company’s stock rose 12.87% with the market. The hedge fund run by Steven B. Klinsky held 391,394 shares of the edp services company at the end of 2017Q3, valued at $28.39 million, down from 524,087 at the end of the previous reported quarter. New Mountain Vantage Advisers Llc who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $41.88 billion market cap company. The stock decreased 0.52% or $0.37 during the last trading session, reaching $71.02. About 2.21 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since January 1, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.
Thompson Siegel & Walmsley Llc increased its stake in Patterson Cos Inc (PDCO) by 152.8% based on its latest 2017Q3 regulatory filing with the SEC. Thompson Siegel & Walmsley Llc bought 535,029 shares as the company’s stock declined 2.93% while stock markets rallied. The institutional investor held 885,174 shares of the health care company at the end of 2017Q3, valued at $34.21M, up from 350,145 at the end of the previous reported quarter. Thompson Siegel & Walmsley Llc who had been investing in Patterson Cos Inc for a number of months, seems to be bullish on the $3.35B market cap company. The stock decreased 0.80% or $0.29 during the last trading session, reaching $36.13. About 723,885 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 4.97% since January 1, 2017 and is downtrending. It has underperformed by 21.67% the S&P500.
New Mountain Vantage Advisers Llc, which manages about $2.44 billion and $1.30B US Long portfolio, upped its stake in Allergan Plc by 15,986 shares to 152,579 shares, valued at $31.27M in 2017Q3, according to the filing. It also increased its holding in Equity Comwlth (NYSE:EQC) by 144,702 shares in the quarter, for a total of 1.53M shares, and has risen its stake in Synchrony Finl (NYSE:SYF).
Among 30 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Cognizant Technology Solutions Corp. had 73 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, August 3 report. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Wednesday, October 11 by Jefferies. The company was maintained on Monday, October 3 by Citigroup. The rating was maintained by Morgan Stanley on Thursday, November 2 with “Equal-Weight”. The firm has “Buy” rating given on Wednesday, September 6 by KeyBanc Capital Markets. On Monday, September 26 the stock rating was initiated by Societe Generale with “Buy”. Citigroup downgraded the stock to “Neutral” rating in Friday, September 30 report. The firm earned “Buy” rating on Monday, October 10 by Jefferies. The firm has “Hold” rating given on Thursday, June 8 by HSBC. As per Wednesday, November 1, the company rating was upgraded by William Blair.
Since August 4, 2017, it had 0 insider buys, and 32 insider sales for $25.05 million activity. $123,456 worth of stock was sold by Lennox James Patrick on Thursday, September 7. Mehta Rajeev sold $2.27M worth of stock. On Thursday, December 7 Kandiah Gajakarnan Vibushanan sold $330,754 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 4,635 shares. On Tuesday, September 12 the insider RAMAKRISHNAN CHANDRASEKARAN sold $1.83 million. The insider Middleton Sean sold $91,198. CHATTERJEE DEBASHIS sold $162,060 worth of stock.
Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It increased, as 37 investors sold CTSH shares while 296 reduced holdings. 99 funds opened positions while 244 raised stakes. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. Oak Ridge Investments Ltd Liability invested in 0.46% or 155,650 shares. Eaton Vance Mgmt accumulated 451,887 shares. Schroder Investment Mngmt accumulated 3.98M shares. Cubist Systematic Strategies Limited Company, Connecticut-based fund reported 121,089 shares. Gemmer Asset Management Limited Liability Corporation owns 349 shares for 0.01% of their portfolio. Old Mutual Customised Solutions (Proprietary) invested 0.21% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Sather Fincl Gp Incorporated holds 7.01% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 352,797 shares. Bluemountain Cap Management Limited Liability holds 30,209 shares or 0.04% of its portfolio. Nordea Management Ab reported 10.08M shares or 1.76% of all its holdings. Alyeska Investment Grp Lp reported 1.14M shares. Bank & Trust Pictet And Cie (Asia) holds 19,810 shares or 0.68% of its portfolio. Clough Capital Prtnrs Limited Partnership has invested 1.6% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Canada Pension Plan Investment Board owns 0.11% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 761,326 shares. Congress Asset Company Ma accumulated 204,178 shares or 0.23% of the stock. Manchester Capital Ltd Llc, Vermont-based fund reported 2,728 shares.
Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on February, 14. They expect $0.88 earnings per share, up 15.79% or $0.12 from last year’s $0.76 per share. CTSH’s profit will be $518.89 million for 20.18 P/E if the $0.88 EPS becomes a reality. After $0.93 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.
Since October 11, 2017, it had 0 insider purchases, and 1 sale for $27,548 activity.
Investors sentiment increased to 1.25 in Q3 2017. Its up 0.46, from 0.79 in 2017Q2. It increased, as 39 investors sold PDCO shares while 102 reduced holdings. 46 funds opened positions while 130 raised stakes. 88.39 million shares or 5.32% more from 83.93 million shares in 2017Q2 were reported. Gideon Cap Advsrs Inc accumulated 6,144 shares. Putnam Ltd Limited Liability Company reported 75,500 shares. Hsbc Public Limited Liability Company has 73,492 shares. Verition Fund Management Ltd has invested 0.05% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). Sit Investment Associate accumulated 76,530 shares. Asset Mngmt One Limited invested in 0.01% or 140,988 shares. Moreover, Bnp Paribas Arbitrage has 0.01% invested in Patterson Companies, Inc. (NASDAQ:PDCO). Btim has invested 0% in Patterson Companies, Inc. (NASDAQ:PDCO). Victory Mngmt Inc holds 0% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 1,359 shares. Glg Limited Liability Com holds 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO) or 3,633 shares. Lombard Odier Asset (Usa) has 53,000 shares. 31,456 were accumulated by Ims Cap Mngmt. Ontario – Canada-based Royal Retail Bank Of Canada has invested 0.02% in Patterson Companies, Inc. (NASDAQ:PDCO). 1,928 are owned by Natixis Asset Management. Brown Advisory stated it has 16,725 shares or 0% of all its holdings.
Thompson Siegel & Walmsley Llc, which manages about $7.40 billion and $8.33 billion US Long portfolio, decreased its stake in Michael Kors Hldgs Ltd (NYSE:KORS) by 704,474 shares to 1.87M shares, valued at $89.39M in 2017Q3, according to the filing. It also reduced its holding in Icon Plc (NASDAQ:ICLR) by 86,038 shares in the quarter, leaving it with 236 shares, and cut its stake in Fossil Group Inc (NASDAQ:FOSL).
Among 14 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Patterson Companies Inc. had 31 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Sell” rating by UBS given on Tuesday, July 11. The firm has “Hold” rating by UBS given on Friday, August 25. Robert W. Baird upgraded it to “Outperform” rating and $47 target in Tuesday, January 3 report. The rating was upgraded by Evercore on Wednesday, January 6 to “Buy”. The firm earned “Neutral” rating on Friday, August 26 by Robert W. Baird. Robert W. Baird maintained it with “Buy” rating and $44.0 target in Monday, September 25 report. Jefferies maintained it with “Hold” rating and $37.0 target in Wednesday, November 22 report. The firm has “Hold” rating by Evercore given on Friday, May 27. Stifel Nicolaus maintained Patterson Companies, Inc. (NASDAQ:PDCO) on Wednesday, August 9 with “Sell” rating. The company was initiated on Friday, December 8 by Deutsche Bank.
The post New Mountain Vantage Advisers Has Decreased Cognizant Technology Solutio (CTSH) Holding by $9.55 Million; As Patterson Cos (PDCO) Stock Value Declined, Thompson Siegel & Walmsley Upped Holding by $20.33 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.
from
https://www.hillcountrytimes.com/2018/01/01/new-mountain-vantage-advisers-has-decreased-cognizant-technology-solutio-ctsh-holding-by-9-55-million-as-patterson-cos-pdco-stock-value-declined-thompson-siegel-walmsley-upped-holding-by-20/
No comments:
Post a Comment