Adams Express Company Position in Cognizant Technology Solutions Class A (CTSH) Has Cut by $8.90 Million as Stock Price Rose; Tobam Has Decreased H&R Block (HRB) Stake by $2.57 Million as Valuation Declined

H&R Block, Inc. (NYSE:HRB) Logo

Tobam decreased its stake in H&R Block Inc (HRB) by 6% based on its latest 2017Q4 regulatory filing with the SEC. Tobam sold 98,921 shares as the company’s stock declined 4.46% with the market. The institutional investor held 1.55 million shares of the consumer services company at the end of 2017Q4, valued at $40.65 million, down from 1.65 million at the end of the previous reported quarter. Tobam who had been investing in H&R Block Inc for a number of months, seems to be less bullish one the $5.90 billion market cap company. The stock decreased 1.16% or $0.33 during the last trading session, reaching $28.22. About 2.06 million shares traded. H&R Block, Inc. (NYSE:HRB) has risen 10.84% since April 30, 2017 and is uptrending. It has underperformed by 0.71% the S&P500.

Adams Express Company decreased its stake in Cognizant Technology Solutions Corporation Class A (CTSH) by 62.62% based on its latest 2017Q4 regulatory filing with the SEC. Adams Express Company sold 125,300 shares as the company’s stock rose 11.69% while stock markets declined. The institutional investor held 74,800 shares of the edp services company at the end of 2017Q4, valued at $5.31M, down from 200,100 at the end of the previous reported quarter. Adams Express Company who had been investing in Cognizant Technology Solutions Corporation Class A for a number of months, seems to be less bullish one the $47.82B market cap company. The stock decreased 0.13% or $0.11 during the last trading session, reaching $81.62. About 2.23 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since April 30, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Analysts await H&R Block, Inc. (NYSE:HRB) to report earnings on June, 12. They expect $5.23 EPS, up 39.10% or $1.47 from last year’s $3.76 per share. HRB’s profit will be $1.09B for 1.35 P/E if the $5.23 EPS becomes a reality. After $-1.16 actual EPS reported by H&R Block, Inc. for the previous quarter, Wall Street now forecasts -550.86% EPS growth.

Among 12 analysts covering H & R Block (NYSE:HRB), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. H & R Block had 34 analyst reports since August 25, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Hold” rating and $32.0 target in Wednesday, March 7 report. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. BMO Capital Markets maintained it with “Hold” rating and $31.0 target in Tuesday, August 29 report. The firm earned “Market Perform” rating on Wednesday, August 31 by BMO Capital Markets. Oppenheimer downgraded the shares of HRB in report on Wednesday, April 27 to “Perform” rating. The company was maintained on Thursday, September 3 by Piper Jaffray. The firm has “Outperform” rating given on Wednesday, August 26 by Oppenheimer. The stock of H&R Block, Inc. (NYSE:HRB) has “Hold” rating given on Tuesday, August 29 by Oppenheimer. On Wednesday, March 7 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Hold” rating given on Wednesday, April 18 by BMO Capital Markets.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.23, from 0.99 in 2017Q3. It increased, as 41 investors sold HRB shares while 110 reduced holdings. 60 funds opened positions while 124 raised stakes. 201.15 million shares or 4.09% more from 193.25 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage stated it has 382,466 shares or 0.02% of all its holdings. Toronto Dominion Natl Bank owns 90,052 shares for 0.01% of their portfolio. Invesco Ltd invested in 1.90M shares or 0.02% of the stock. Federated Inc Pa owns 215,565 shares for 0.02% of their portfolio. Dupont Capital Mgmt Corporation accumulated 203,886 shares or 0.12% of the stock. Euclidean Technologies Management Limited Liability Com holds 2.02% in H&R Block, Inc. (NYSE:HRB) or 78,089 shares. Laffer has 66,830 shares for 0.44% of their portfolio. Element Capital Management Limited Liability Company accumulated 0.06% or 94,415 shares. Focused Wealth Mngmt Inc owns 0.02% invested in H&R Block, Inc. (NYSE:HRB) for 2,500 shares. Premier Asset Lc owns 32,100 shares for 0.19% of their portfolio. The New York-based Morgan Stanley has invested 0.01% in H&R Block, Inc. (NYSE:HRB). Strs Ohio holds 0% or 2,626 shares. Nj State Employees Deferred Compensation Plan has 0.08% invested in H&R Block, Inc. (NYSE:HRB) for 18,000 shares. North Star Investment, a Illinois-based fund reported 2,400 shares. Moreover, Ls Inv Advsr Ltd has 0.02% invested in H&R Block, Inc. (NYSE:HRB) for 12,585 shares.

Tobam, which manages about $5.57 billion and $2.31 billion US Long portfolio, upped its stake in Wynn Resorts Ltd (NASDAQ:WYNN) by 6,844 shares to 21,284 shares, valued at $3.59M in 2017Q4, according to the filing. It also increased its holding in Cms Energy Corp (NYSE:CMS) by 36,209 shares in the quarter, for a total of 402,654 shares, and has risen its stake in P G & E Corp (NYSE:PCG).

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.16, from 1.03 in 2017Q3. It increased, as 46 investors sold CTSH shares while 285 reduced holdings. 107 funds opened positions while 288 raised stakes. 491.94 million shares or 0.85% more from 487.81 million shares in 2017Q3 were reported. 5,896 are held by Gofen & Glossberg Ltd Co Il. Artisan Prtn Limited Partnership has invested 0.07% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Numeric Invsts Limited Liability reported 0.02% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Bailard has 0.18% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 39,915 shares. Petrus Tru Lta reported 3.18% stake. South Dakota Investment Council holds 0.13% or 84,900 shares. Lucus Advisors Ltd Liability Corp invested in 7,510 shares or 0.78% of the stock. Farr Miller And Washington Limited Liability Dc holds 2.53% or 399,587 shares in its portfolio. Highstreet Asset Mngmt Inc accumulated 10,850 shares or 0.05% of the stock. 84,967 were reported by Finemark Natl Bank Trust. Mark Sheptoff Fin Planning Ltd Llc stated it has 600 shares or 0.03% of all its holdings. Canada Pension Plan Inv Board invested in 0.08% or 587,435 shares. Bartlett Lc has invested 0% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Sei Investments accumulated 272,134 shares or 0.07% of the stock. Northwestern Mutual Wealth Mngmt accumulated 135,103 shares.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 7 before the open. They expect $0.98 EPS, up 24.05% or $0.19 from last year’s $0.79 per share. CTSH’s profit will be $574.18M for 20.82 P/E if the $0.98 EPS becomes a reality. After $0.96 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Cognizant Technology Solutions Corp. had 90 analyst reports since August 6, 2015 according to SRatingsIntel. On Thursday, November 5 the stock rating was maintained by Monness Crespi & Hardt with “Buy”. As per Tuesday, February 9, the company rating was maintained by Needham. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Cantor Fitzgerald on Friday, October 16. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Sunday, October 29 by KeyBanc Capital Markets. Oppenheimer maintained the shares of CTSH in report on Thursday, August 3 with “Buy” rating. The firm has “Buy” rating given on Friday, September 30 by HSBC. The company was maintained on Monday, October 3 by Citigroup. On Tuesday, August 8 the stock rating was upgraded by Berenberg to “Buy”. The stock has “Outperform” rating by Wedbush on Friday, January 6. The firm has “Neutral” rating by Sterne Agee CRT given on Thursday, December 17.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Institutional Positions Chart