Cognizant Technology Solutions Corporation (CTSH) Analysts See $0.88 EPS

Jeannie Matthews
January 14, 2018

Simonbaker & Partners LLC now owns 4,853 shares of the information technology service provider's stock worth $322,000 after acquiring an additional 110 shares during the period. The institutional investor held 770,640 shares of the central company at the end of 2017Q3, valued at $8.49 million, down from 908,215 at the end of the previous reported quarter. (Aes) for a number of months, seems to be less bullish one the $7.29 billion market cap company. The stock decreased 1.53% or $0.04 during the last trading session, reaching $2.57. About 10.33M shares traded or 205.39% up from the average. Citigroup Inc. (NYSE:C) has risen 35.60% since January 13, 2017 and is uptrending. It has outperformed by 1.39% the S&P500.

Jensen Investment Management Inc decreased its stake in Cognizant Tech Solutions (CTSH) by 0.55% based on its latest 2017Q3 regulatory filing with the SEC. Sentry Select Capital Corp sold 15,600 shares as Cognizant Technology Solutions Corp (CTSH)'s stock rose 12.87%. The institutional investor held 2.41M shares of the edp services company at the end of 2017Q3, valued at $174.54M, down from 2.42 million at the end of the previous reported quarter. Moneta Group Investment Advisors Llc who had been investing in Cognizant Technology Solutions Cl A for a number of months, seems to be less bullish one the $43.96 billion market cap company.

Shares of Cognizant Technology Solutions (CTSH) traded up $0.55 during trading hours on Thursday, reaching $74.56. During the same quarter in the previous year, the firm posted $0.86 EPS. analysts forecast that Cognizant Technology Solutions will post 3.35 earnings per share for the current fiscal year.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its quarterly earnings data on Wednesday, November 1st. It has underperformed by 11.20% the S&P500.

Pathstone Family Office LLC increased its position in Cognizant Technology Solutions by 1,208.8% in the 2nd quarter. Its down 0.63, from 1.31 in 2017Q2. 1832 Asset Management L.P. raised its position in shares of Cognizant Technology Solutions Corporation by 209.9% in the third quarter. Following the sale, the insider now owns 3,366 shares of the company's stock, valued at approximately $240,197.76. Public Sector Pension Board owns 0.06% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 186,545 shares. Comerica Comml Bank holds 0.12% or 217,751 shares. Virginia Retirement Et Al accumulated 143,300 shares. Creative Planning invested in 0.01% or 27,873 shares. Oppenheimer & Co owns 30,002 shares. William Blair lowered shares of Cognizant Technology Solutions Corporation from an "outperform" rating to a "market perform" rating in a research report on Tuesday, January 24th. North Star Invest Corporation invested in 0% or 402 shares. Wealthtrust invested in 256 shares. Shelton Cap Management owns 50,196 shares for 0.28% of their portfolio. Commerzbank Aktiengesellschaft Fi accumulated 11,159 shares or 0.01% of the stock. It also increased its holding in Vanguard Global Ex (VNQI) by 211,742 shares in the quarter, for a total of 271,018 shares, and has risen its stake in Vanguard Small (VBK). Following the sale, the vice president now directly owns 15,533 shares of the company's stock, valued at $1,096,785.13. Wedbush also issued estimates for Cognizant Technology Solutions' Q2 2019 earnings at $1.16 EPS. Therefore 77% are positive. Cognizant Technology Solutions Corp. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Monday, October 3 by UBS. The firm has "Outperform" rating given on Friday, February 19 by Cowen & Co. New York-based Alliancebernstein LP has invested 0.26% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). The firm has "Hold" rating given on Friday, June 16 by BMO Capital Markets. Finally, Jefferies Group LLC reaffirmed a "buy" rating and set a $70.00 price target (up from $63.00) on shares of Cognizant Technology Solutions Corporation in a research report on Wednesday, January 18th. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned "Buy" rating by Cowen & Co on Thursday, October 12. Wolfe Research initiated the shares of AES in report on Wednesday, November 4 with "Peer Perform" rating.

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Since August 4, 2017, it had 0 insider buys, and 33 sales for $25.05 million activity. 12,368 shares were sold by Breakiron-Evans Maureen, worth $862,011 on Monday, August 7. Kandiah Gajakarnan Vibushanan sold $330,754 worth of stock. Veeraraghavachary Srinivasan sold $177,500 worth of stock. Equitable Resources Inc (NYSE:EQT) was reduced too. Therefore 44% are positive. The rating was maintained by RBC Capital Markets on Sunday, September 10 with "Hold".

Zivo Bioscience, Inc., together with its subsidiaries, focuses on the research and identification of natural bioactive ingredients derived from its proprietary algal cultures. They set a "buy" rating and a $93.00 target price on the stock. The rating was downgraded by Goldman Sachs to "Neutral" on Thursday, September 15. The firm has "Hold" rating given on Thursday, November 30 by Piper Jaffray. Morgan Stanley invested 0% of its portfolio in Pioneer Floating Rate Trust (NYSE:PHD). The rating was upgraded by Berenberg to "Buy" on Tuesday, August 8. The company was initiated on Tuesday, October 31 by Raymond James. On Tuesday, January 9 Middleton Sean sold $2,351 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 32 shares.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It also reduced its holding in Vf Corp (NYSE:VFC) by 367,938 shares in the quarter, leaving it with 1.27M shares, and cut its stake in Unitedhealth Gro (NYSE:UNH). 125 funds opened positions while 492 raised stakes. First Interstate Bancshares accumulated 1,426 shares or 0.02% of the stock. Groesbeck Investment Corp Nj holds 0.98% or 18,760 shares. Suncoast Equity stated it has 157,948 shares. (NYSE:C) for 20,042 shares. Cubist Systematic Strategies Ltd Limited Liability Company stated it has 121,089 shares or 0.49% of all its holdings. 153,713 are owned by Los Angeles Management & Equity Incorporated. Keybank National Association Oh reported 69,323 shares. Baldwin Brothers Ma owns 848 shares or 0.01% of their USA portfolio.

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