Big Money Sentiment About Cognizant Technology Solutions Corp (NASDAQ:CTSH) Crashed to 0.97

June 27, 2018 - By Matthew Medley

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Corporate Logo

Positions for Cognizant Technology Solutions Corp (NASDAQ:CTSH)

“Big money sentiment for Cognizant Technology Solutions Corp (NASDAQ:CTSH) in 2018 Q1 decreased to 0.97, according to SEC filings. That’s down -0.22, from 2017Q4’s 1.19. 369 investment managers started new or increased holdings, while 382 cut down and sold their stock positions in Cognizant Technology Solutions Corp so the sentiment has dropped. These funds own 491.22 million shares, that’s down from 491.94 million shares in 2017Q4. Funds holding Cognizant Technology Solutions Corp in top 10 increased from 37 to 49 for an increase of 12. 44 Investors Sold All; 338 Reduced Holdings; 269 increased stakes while 100 investment managers bought stakes.

Significant Cognizant Technology Solutions Corp Investors

As of 2018 Q1 Tahithromos L.L.C. has 17.91% invested in Cognizant Technology Solutions Corp. Cognizant Technology Solutions Corp’s shareholder Comgest Global Investors S.A.S. owns 10.00 million shares as of 2018 Q1. Also, Cryder Capital Partners Llp reported 635,297 shares in Cognizant Technology Solutions Corp equivalent to 14.69% of its portfolio. The California-based fund Matthews International Capital Management Llc have invested about 11.06% of the investment manager’s stock portfolio in Cognizant Technology Solutions Corp. The California-based fund Dalton Investments Llc holds 301,222 shares or 10.12% of their portfolio.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide.The firm is worth $46.01 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other.The P/E ratio is 31.65. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

CTSH reached $78.53 during the last trading session after $0.08 change.Currently Cognizant Technology Solutions Corporation is uptrending after 13.31% change in last June 27, 2017. CTSH has 446,597 shares volume. CTSH outperformed by 0.74% the S&P500.

On August, 2. Investors expect Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to publish its quarterly earnings, RTT reports. Analysts predict 18.39 % diference or $1.03 from the $0.87 EPS from 2017. If reported the P/E will be 19.06 with $603.48 million profit. Analysts at Wall Street see Cognizant Technology Solutions Corporation’s 4.04 % EPS growth compared to $0.99 EPS for previous quarter.

10,599 are owned by Intrust Natl Bank Na. Green Square Capital Llc accumulated 12,756 shs or 0.16% of the stock. Optimum Investment Advsrs has invested 0.11% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). 162,639 are held by Dsam Prtn (London) Ltd. Cornerstone Advsrs Inc holds 2,828 shs. Columbia Asset Mgmt invested in 3,700 shs. Dillon Associates has 56,135 shs for 1.73% of their capital. Walter And Keenan Financial Consulting Communication Mi Adv has invested 0.14% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Diamond Hill Cap Mngmt Inc holds 1.19 million shs or 0.49% of its capital. 4,818 were reported by Dorsey And Whitney Tru Ltd Liability. 38,253 are held by First Midwest Natl Bank Division. Dubuque Bank & Trust Commerce reported 390 shs stake. Aviva Public Ltd Com holds 0.24% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 493,248 shs. Boston Family Office Lc invested in 3,498 shs or 0.03% of the stock. Koch Indus accumulated 6,659 shs or 0.05% of the stock.

Cognizant Technology Solutions Corporation registered $52.00 million net activity with 1 buy and 51 selling transactions since January 9, 2018. fox John nelson JR also sold $467,313 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, March 13. Friedrich Matthew W. had sold 2,847 shs worth $233,849. The insider Lennox James Patrick sold $89,766. On Monday, March 12 Shares for $128,538 were sold by Kandiah Gajakarnan Vibushanan. McLoughlin Karen had sold 1,791 shs worth $150,014 on Thursday, March 15. On Tuesday, March 6 $1.66M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Breakiron-Evans Maureen.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Ratings Coverage

In total 16 analysts cover Cognizant (NASDAQ:CTSH). “Buy” rating has 13, “Sell” are 0, while 3 are “Hold”. (NASDAQ:CTSH) has 81% bullish analysts. With $100.0 highest and $79 lowest target, Cognizant has $89 average target or 13.33% above the current ($78.53) price. 19 are the (NASDAQ:CTSH)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Thursday, February 8 the firm has “Outperform” rating by BMO Capital Markets given. On Thursday, January 4 the stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by RBC Capital Markets. The company rating was maintained by Morgan Stanley on Tuesday, May 8. On Thursday, February 8 the firm has “Neutral” rating by Nomura given. On Wednesday, February 7 the stock has “Buy” rating by KeyBanc Capital Markets. On Wednesday, February 7 the rating was maintained by SunTrust with “Buy”. On Thursday, February 22 the firm has “Buy” rating given by Argus Research. On Tuesday, May 8 the stock has “Buy” rating by Credit Suisse. On Wednesday, February 7 the firm has “Hold” rating given by Susquehanna. On Thursday, February 8 the stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Cowen & Co.

More recent Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news were brought out by Nasdaq.com, Investorplace.com and Seekingalpha.com. The first one has “Analysis: Positioning to Benefit within Marinus Pharmaceuticals, Valley National, BB&T, Cognizant Technology …” as a title and was brought out on June 27, 2018. The next is “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018. And last was brought out on June 04, 2018, called “STMicroelectronics Is Inexpensive – Cramer’s Lightning Round (6/1/18)”.

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

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