Jefferies Believes Cognizant (NASDAQ: CTSH) Won't Stop Here

Joanna Estrada
October 12, 2017

Boston Prtn accumulated 0.37% or 4.40M shares. Benchmark invested 0.28% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). 2,468,240 shares of the company were exchanged.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) last issued its earnings results on Thursday, August 3rd. It has underperformed by 11.20% the S&P500. The stock has "Overweight" rating by Stephens on Tuesday, January 12. Adirondack Mgmt Incorporated invested in 133,997 shares or 0.89% of the stock. Its up 5.93% from 689,600 shares previously. About shares traded. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since October 12, 2016 and is uptrending. It has outperformed by 24.67% the S&P500.

Investors sentiment decreased to 0.76 in 2017 Q2. Its up 0.09, from 1.26 in 2017Q1. It worsened, as 53 investors sold CTSH shares while 330 reduced holdings. 86 funds opened positions while 205 raised stakes. About 1.25 million shares traded. Moreover, Rhumbline Advisers has 0% invested in Rosetta Stone Inc (NYSE:RST) for 20,632 shares. Brown Brothers Harriman & holds 1,370 shares. Following the transaction, the chief operating officer now owns 27,165 shares of the company's stock, valued at $1,928,715.

Ltd reports that it lowered its stake in Cognizant Technology Solutions stock by 0.2% in the last quarter. Trexquant Investment Lp reported 8,200 shares stake. Glenmede Trust Na holds 0% or 34,752 shares in its portfolio. Qs Investors Lc invested in 0.01% or 16,065 shares. Manning Napier Limited Liability Company reported 94,871 shares. 466,332 are held by Check Capital Mngmt Ca. Horizon Kinetics Limited Liability Company holds 4.57% or 2.70M shares in its portfolio. 45,695 are owned by Oppenheimer Asset Mgmt. Creative Planning owns 1,649 shares. Cognizant Technology Solutions Corporation had a return on equity of 18.72% and a net margin of 13.36%. Luminus Limited Liability Corp stated it has 0.01% in Dean Foods Co (NYSE:DF). Sentry Invests Corporation invested 0.35% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Four analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 71% are positive. The Virginia-based Thompson Davis And Company has invested 0.05% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Deutsche Bank maintained the stock with "Buy" rating in Tuesday, February 23 report. The firm has "Buy" rating by RBC Capital Markets given on Friday, October 6. As per Thursday, September 15, the company rating was downgraded by Goldman Sachs.

In a report released yesterday, Ken Usdin from Jefferies reiterated a Buy rating on Cognizant (NASDAQ: CTSH), with a price target of $81. TheStreet upgraded General Electric Company (NYSE:GE) on Tuesday, July 21 to "Buy" rating. On Thursday, November 5 the stock rating was maintained by Monness Crespi & Hardt with "Buy". They expect $-0.25 earnings per share, down 19.05% or $0.04 from last year's $-0.21 per share. CTSH's profit will be $502.03 million for 21.65 P/E if the $0.85 EPS becomes a reality. Liberty Mutual Grp Asset Mngmt has invested 0.43% in Cognizant Technology Solutions Corp (NASDAQ:CTSH).

Since April 28, 2017, it had 0 buys, and 20 sales for $8.33 million activity. $750,000 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares were sold by Veeraraghavachary Srinivasan. $601,445 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares were sold by SINHA DHARMENDRA KUMAR. 4,186 shares were sold by Shaheen Allen, worth $282,815. The shares were sold at an average price of $69.50, for a total transaction of $347,430.50. Tahithromos Ltd Company holds 11.27% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 160,000 shares.

Since June 7, 2017, it had 0 insider purchases, and 1 insider sale for $40,800 activity. (NASDAQ:AAPL) or 10,000 shares. Shares for $5.39 million were sold by LEVINSON ARTHUR D on Tuesday, May 9. CHINTAMANENI RAMAKRISHNA PRASAD sold $3.19 million worth of stock. Maestri Luca sold $735,898 worth of stock. $9.91M worth of Apple Inc. It dived, as 85 investors sold GE shares while 816 reduced holdings.

Investors sentiment increased to 1.19 in 2017 Q2. Its down 0.36, from 2.63 in 2017Q1. Most recently, in August 2017, John E. Klein, a Director at CTSH sold 11,560 shares for a total of $830,702. 14 funds opened positions while 11 raised stakes. North Star Asset, a Wisconsin-based fund reported 167,392 shares. Connor Clark And Lunn Invest owns 176,573 shares for 0.01% of their portfolio. (NASDAQ:AAPL) for 9,348 shares. Herndon Capital Mgmt Lc reported 181 shares or 0% of all its holdings. Royal Bancorp Of Canada invested in 1.13% or 15.17 million shares. Nomura Asset Management Ltd holds 0.07% or 79,098 shares. Sol Management invested 0.93% of its portfolio in General Electric Company (NYSE:GE). (NASDAQ:AAPL). First Fincl Bank Tru has 15,118 shares. Express Scripts Holding Co now has $33.60 billion valuation. 41,097 were accumulated by Cardinal Capital Management.

Amtech Systems, engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, Light Emitting Diode and semiconductor devices.

Among 47 analysts covering Apple Inc. Therefore 77% are positive. The rating was maintained by Credit Suisse on Wednesday, July 12 with "Sell". On Monday, October 3 the stock rating was maintained by Citigroup with "Neutral". The company was downgraded on Wednesday, July 26 by Vertical Research. FBN Securities maintained Apple Inc. (NASDAQ:ASYS) earned "Buy" rating by Stifel Nicolaus on Friday, November 20. Vetr has "Hold" rating and $25.84 target. The stock of Apple Inc. The rating was maintained by Maxim Group with "Buy" on Wednesday, January 27. (NASDAQ:AAPL) has "Outperform." rating given on Monday, October 26 by FBR Capital.

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