Cantab Capital Partners Llp Has Raised Holding in Convergys Cmn (CVG) as Share Value Declined; As Amazon Com (AMZN) Share Value Rose, Tybourne Capital Management Hk LTD Trimmed Stake by $171.78 Million

January 14, 2018 - By Ellis Scott

Cantab Capital Partners Llp increased its stake in Convergys Corporation Cmn (CVG) by 25.25% based on its latest 2017Q3 regulatory filing with the SEC. Cantab Capital Partners Llp bought 13,956 shares as the company’s stock declined 2.20% while stock markets rallied. The institutional investor held 69,222 shares of the edp services company at the end of 2017Q3, valued at $1.79 billion, up from 55,266 at the end of the previous reported quarter. Cantab Capital Partners Llp who had been investing in Convergys Corporation Cmn for a number of months, seems to be bullish on the $2.12 billion market cap company. The stock increased 0.88% or $0.2 during the last trading session, reaching $22.9. About 1.52M shares traded or 66.68% up from the average. Convergys Corporation (NYSE:CVG) has declined 10.85% since January 14, 2017 and is downtrending. It has underperformed by 27.55% the S&P500.

Eashwar Krishnan decreased its stake in Amazon Com Inc (AMZN) by 39.22% based on its latest 2017Q3 regulatory filing with the SEC. Tybourne Capital Management Hk Ltd sold 178,750 shares as the company’s stock rose 13.58% with the market. The hedge fund run by Eashwar Krishnan held 277,000 shares of the consumer services company at the end of 2017Q3, valued at $266.29 million, down from 455,750 at the end of the previous reported quarter. Tybourne Capital Management Hk Ltd who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $628.94B market cap company. The stock increased 2.23% or $28.52 during the last trading session, reaching $1305.2. About 5.44M shares traded or 53.23% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 14, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 7 analysts covering Convergys Corp (NYSE:CVG), 0 have Buy rating, 0 Sell and 7 Hold. Therefore 0 are positive. Convergys Corp had 14 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Sell” rating by Zacks given on Wednesday, August 26. The firm has “Buy” rating given on Wednesday, January 6 by Sidoti. On Monday, October 9 the stock rating was maintained by SunTrust with “Hold”. As per Wednesday, October 21, the company rating was downgraded by Sidoti. The rating was downgraded by SunTrust to “Hold” on Wednesday, February 15. The firm has “Hold” rating by Robert W. Baird given on Friday, October 20. The rating was maintained by Citigroup on Friday, November 10 with “Neutral”. The stock of Convergys Corporation (NYSE:CVG) earned “Market Perform” rating by Wells Fargo on Thursday, February 25. The stock has “Neutral” rating by Sidoti on Monday, April 4. The firm has “Neutral” rating given on Wednesday, August 10 by Citigroup.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.16, from 0.93 in 2017Q2. It is positive, as 19 investors sold CVG shares while 79 reduced holdings. 27 funds opened positions while 80 raised stakes. 94.23 million shares or 0.36% more from 93.90 million shares in 2017Q2 were reported. Lathrop Investment Mgmt holds 1.76% or 259,622 shares in its portfolio. Profund Advsrs Ltd Liability holds 12,925 shares. Lenox Wealth Mngmt Incorporated holds 10,289 shares or 0.09% of its portfolio. Sg Americas Securities Ltd Liability reported 53,956 shares. First Citizens Natl Bank Trust owns 0.05% invested in Convergys Corporation (NYSE:CVG) for 14,004 shares. Advisory Svcs Ltd Com has 0% invested in Convergys Corporation (NYSE:CVG). Thrivent For Lutherans owns 199,900 shares. Zpr Inv Mgmt holds 58,112 shares. Smithfield reported 1,000 shares. Louisiana State Employees Retirement Sys has 24,900 shares for 0.03% of their portfolio. Piermont Cap Management Incorporated invested in 22,220 shares or 0.19% of the stock. The Ohio-based Huntington Financial Bank has invested 0% in Convergys Corporation (NYSE:CVG). Moreover, Denver Inv Advsr Limited Liability Co has 0.81% invested in Convergys Corporation (NYSE:CVG) for 641,053 shares. James Inv Research has 134,613 shares for 0.12% of their portfolio. Pub Employees Retirement Association Of Colorado has invested 0% in Convergys Corporation (NYSE:CVG).

Cantab Capital Partners Llp, which manages about $696.17 billion US Long portfolio, decreased its stake in Chemed Corp Cmn (NYSE:CHE) by 2,183 shares to 6,376 shares, valued at $1.29B in 2017Q3, according to the filing. It also reduced its holding in Crane Co (Delaware) Cmn (NYSE:CR) by 7,474 shares in the quarter, leaving it with 3,063 shares, and cut its stake in Western Digital Corporation Cmn (NASDAQ:WDC).

Since August 15, 2017, it had 0 buys, and 2 sales for $1.26 million activity. $235,150 worth of Convergys Corporation (NYSE:CVG) shares were sold by Valentine Andre S.

Since August 3, 2017, it had 0 insider buys, and 9 sales for $16.47 million activity. On Thursday, August 3 WILKE JEFFREY A sold $701,045 worth of Amazon.com, Inc. (NASDAQ:AMZN) or 710 shares. Reynolds Shelley sold $536,666 worth of stock. Olsavsky Brian T sold $2.31M worth of stock. On Tuesday, August 15 the insider Zapolsky David sold $2.30M. The insider Jassy Andrew R sold 1,985 shares worth $1.96 million.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It is negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Riverpoint Capital Ltd Liability invested in 1,467 shares. Madison Invest owns 2,905 shares. Orrstown Fincl Inc has invested 0.03% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Fred Alger Mgmt stated it has 1.23 million shares. Parametric Associate Lc has invested 0.98% in Amazon.com, Inc. (NASDAQ:AMZN). Sonata Capital Gru reported 2,122 shares. Texas-based Holt Cap Advisors Ltd Llc Dba Holt Cap Ptnrs LP has invested 0.17% in Amazon.com, Inc. (NASDAQ:AMZN). Endurance Wealth Inc owns 55 shares for 0.01% of their portfolio. Blue Edge Cap Limited Liability holds 1.46% or 3,320 shares. Pillar Pacific Cap Mgmt Limited Liability Corporation holds 11,021 shares. Dgh Invests invested in 17.87% or 4,150 shares. Bristol John W & Com Inc Ny holds 2.4% or 86,541 shares in its portfolio. Sg Americas Securities Ltd Com, a New York-based fund reported 1.24M shares. Assetmark Inc stated it has 0.1% in Amazon.com, Inc. (NASDAQ:AMZN). Donaldson Limited Company holds 0.04% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 416 shares.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 1. They expect $1.94 earnings per share, up 25.97% or $0.40 from last year’s $1.54 per share. AMZN’s profit will be $934.83 million for 168.20 P/E if the $1.94 EPS becomes a reality. After $0.52 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 273.08% EPS growth.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Aegis Capital on Friday, January 20 with “Buy”. The company was maintained on Tuesday, October 24 by Deutsche Bank. As per Friday, July 29, the company rating was maintained by Benchmark. The rating was maintained by Robert W. Baird on Monday, September 11 with “Buy”. On Friday, September 4 the stock rating was maintained by Piper Jaffray with “Buy”. UBS maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, July 29. UBS has “Buy” rating and $900 target. The stock has “Buy” rating by Jefferies on Wednesday, May 31. On Friday, October 27 the stock rating was maintained by Canaccord Genuity with “Buy”. As per Monday, October 24, the company rating was maintained by Goldman Sachs. The firm has “Neutral” rating by Monness Crespi & Hardt given on Monday, January 4.

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