On May 16, 2018 Bernstein Reports CBS (CBS)’s Rating Change From “Mkt Perform” to “Outperform”.

May 16, 2018 - By Lena Young

CBS Corporation (NYSE:CBS) Corporate Logo

During Q4 2017 the big money sentiment decreased to 0.59. That’s change of 0.44, from 2017Q3’s 1.03. 80 investors sold all, 278 reduced holdings as CBS Corporation ratio is negative. 148 increased holdings while 65 funds amassed holdings. Funds hold 226.28 million shares thus 0.25% more from 2017Q3’s 225.71 million shares.

Cornerstone Capital Mgmt Limited Liability Company has 68,168 shs. Sumitomo Mitsui Asset Mngmt Ltd reported 24,901 shs. Susquehanna Int Grp Inc Llp invested in 6,674 shs or 0% of the stock. Moreover, Shell Asset Mngmt Com has 0.03% invested in CBS Corporation (NYSE:CBS) for 22,963 shs. Cap Investment Counsel Incorporated reported 4,953 shs stake. Alphamark Advsrs Limited owns 162 shs. Hbk Sorce Advisory Limited Liability Company accumulated 9,770 shs. Abner Herrman Brock Limited Liability Company accumulated 7,522 shs or 0.07% of the stock. Canada Pension Plan Investment Board owns 451,396 shs. Fred Alger reported 2.68M shs. Telos Management Inc has invested 0.08% of its capital in CBS Corporation (NYSE:CBS). Clearbridge Limited Liability Corporation reported 636,983 shs or 0.78% of all its holdings. Engineers Gate Manager L P stated it has 6,761 shs. Arrowgrass Cap (Us) L P owns 43,261 shs for 0.02% of their capital. Investec Asset Mngmt Limited holds 0.87% of its capital in CBS Corporation (NYSE:CBS) for 3.58M shs.

CBS Corporation registered $67.47 million net activity with 0 insider buys and 14 selling transactions since December 12, 2017. On Thursday, April 12 85,000 shs were sold by MOONVES LESLIE, worth $4.28M.

Bernstein Improved CBS (CBS)’s Stock Rating to “Outperform”.

The new “Outperform” rating of CBS was made public in a research note. Bernstein upped the rating from “Mkt Perform” on 15 May.

CBS is hitting $54.1 during the last trading session, after decreased 0.59%.Currently CBS Corporation is downtrending after 22.43% change in last May 16, 2017. CBS has also 1.06 million shares volume. The stock underperformed the S&P500 by 33.98%.

CBS Corporation (NYSE:CBS)’s quarterly earnings will be announced on August, 6., Zacks reports. Analysts expect change of 11.54 % or $0.12 from previous year’s $1.04 earnings per share compared to current’s $1.16 earnings per share. CBS’s profit could hit $439.75 million if the current earnings per share of $1.16 is accurate. Wall Street sees -13.43 % negative EPS growth as of August, 6.

CBS Corporation operates as a mass media firm worldwide.The firm is worth $20.51 billion. The firm operates through four divisions: Entertainment, Cable Networks, Publishing, and Local Media.61.41 is the P/E ratio. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services.

For more CBS Corporation (NYSE:CBS) news published recently go to: Streetinsider.com, Seekingalpha.com, Seekingalpha.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” published on May 15, 2018, “National Amusements to CBS: See you in court” on May 14, 2018, “McIntyre Partnerships Q1 Letter: Long Public Hedge Fund Spinoff” with a publish date: May 16, 2018, “Programming Content Is Absolutely Huge: 4 Top TV Studios to Buy Now” and the last “CBS Q1: Growth Goals On Track” with publication date: May 09, 2018.

CBS Corporation (NYSE:CBS) Institutional Investors Chart

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