Focused Investors Stake in Cbs (CBS) Lifted as Market Valuation Declined; Motley Fool Asset Management Stake In Paycom Software (PAYC) Was Has Boosted

Monday, 30 April 2018

Focused Investors Stake in Cbs (CBS) Lifted as Market Valuation Declined; Motley Fool Asset Management Stake In Paycom Software (PAYC) Was Has Boosted

Paycom Software, Inc. (NYSE:PAYC) Logo

Focused Investors Llc increased its stake in Cbs Corporation (CBS) by 57.88% based on its latest 2017Q4 regulatory filing with the SEC. Focused Investors Llc bought 940,500 shares as the company’s stock declined 13.00% with the market. The institutional investor held 2.57M shares of the broadcasting company at the end of 2017Q4, valued at $151.36 million, up from 1.62 million at the end of the previous reported quarter. Focused Investors Llc who had been investing in Cbs Corporation for a number of months, seems to be bullish on the $19.00B market cap company. The stock decreased 0.12% or $0.06 during the last trading session, reaching $49.97. About 4.06M shares traded or 4.02% up from the average. CBS Corporation (NYSE:CBS) has declined 22.43% since April 30, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

Motley Fool Asset Management Llc increased its stake in Paycom Software Inc (PAYC) by 10.14% based on its latest 2017Q4 regulatory filing with the SEC. Motley Fool Asset Management Llc bought 15,000 shares as the company’s stock rose 33.33% while stock markets declined. The institutional investor held 163,000 shares of the technology company at the end of 2017Q4, valued at $13.09M, up from 148,000 at the end of the previous reported quarter. Motley Fool Asset Management Llc who had been investing in Paycom Software Inc for a number of months, seems to be bullish on the $6.70 billion market cap company. The stock increased 0.08% or $0.09 during the last trading session, reaching $113.49. About 490,118 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 92.63% since April 30, 2017 and is uptrending. It has outperformed by 81.08% the S&P500.

Among 18 analysts covering Paycom Software (NYSE:PAYC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Paycom Software had 68 analyst reports since August 5, 2015 according to SRatingsIntel. Robert W. Baird initiated it with “Outperform” rating and $48.0 target in Thursday, January 7 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 5. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, February 7 report. The firm has “Buy” rating by Jefferies given on Friday, October 6. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, March 13. The firm earned “Buy” rating on Thursday, January 11 by Northland Capital. The company was maintained on Thursday, October 19 by Jefferies. As per Thursday, September 21, the company rating was initiated by Northland Capital. The firm earned “Hold” rating on Wednesday, July 19 by RBC Capital Markets. Mizuho maintained the shares of PAYC in report on Thursday, October 12 with “Hold” rating.

Motley Fool Asset Management Llc, which manages about $658.75 million and $462.70 million US Long portfolio, decreased its stake in Gentex Corp (NASDAQ:GNTX) by 40,000 shares to 500,000 shares, valued at $10.48M in 2017Q4, according to the filing.

Focused Investors Llc, which manages about $2.82B and $2.46B US Long portfolio, decreased its stake in Anthem Inc. (NYSE:ANTM) by 17,900 shares to 722,500 shares, valued at $162.57M in 2017Q4, according to the filing. It also reduced its holding in The Coca (NYSE:KO) by 42,400 shares in the quarter, leaving it with 1.72M shares, and cut its stake in Pepsico Inc. (NYSE:PEP).

Since December 12, 2017, it had 0 insider purchases, and 13 insider sales for $63.60 million activity. The insider MOONVES LESLIE sold 85,000 shares worth $4.55M.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It dropped, as 80 investors sold CBS shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Vanguard Group reported 0% of its portfolio in CBS Corporation (NYSE:CBS). Meiji Yasuda Asset Limited owns 11,877 shares. Sumitomo Life stated it has 0.23% in CBS Corporation (NYSE:CBS). Zwj Counsel Inc stated it has 4,178 shares or 0.02% of all its holdings. The New York-based Estabrook has invested 0.01% in CBS Corporation (NYSE:CBS). Lpl Finance Ltd Llc accumulated 30,578 shares. Arizona-based Tci Wealth has invested 0.08% in CBS Corporation (NYSE:CBS). Ny State Common Retirement Fund reported 880,325 shares. Carroll Fincl Associates Inc reported 332 shares stake. Hightower Limited Liability Company holds 3,517 shares. Ingalls Snyder Limited Company reported 10,233 shares. Benjamin F Edwards And owns 1,525 shares. Strs Ohio reported 178,590 shares. 71,752 were accumulated by Piedmont Invest Advisors Ltd Liability Corp. Qs Invsts Lc reported 72,062 shares.

CBS Corporation (NYSE:CBS) Institutional Positions Chart