Eulav Asset Management Stake in Tesaro (TSRO) Increased by $3.73 Million as Market Value Declined; Cognizant Technology Solutio (CTSH) Shareholder Schwartz Investment Counsel Trimmed Stake by $17.76 Million

April 17, 2018 - By Nellie Frank

Tesaro, Inc. (NASDAQ:TSRO) Logo

Eulav Asset Management increased its stake in Tesaro Inc (TSRO) by 72.8% based on its latest 2017Q4 regulatory filing with the SEC. Eulav Asset Management bought 45,500 shares as the company’s stock declined 29.72% with the market. The institutional investor held 108,000 shares of the health care company at the end of 2017Q4, valued at $8.95M, up from 62,500 at the end of the previous reported quarter. Eulav Asset Management who had been investing in Tesaro Inc for a number of months, seems to be bullish on the $3.17B market cap company. The stock increased 4.09% or $2.27 during the last trading session, reaching $57.78. About 588,662 shares traded. Tesaro, Inc. (NASDAQ:TSRO) has declined 63.82% since April 17, 2017 and is downtrending. It has underperformed by 75.37% the S&P500.

Schwartz Investment Counsel Inc decreased its stake in Cognizant Technology Solutio (CTSH) by 0.04% based on its latest 2017Q4 regulatory filing with the SEC. Schwartz Investment Counsel Inc sold 250 shares as the company’s stock rose 11.69% while stock markets declined. The institutional investor held 611,000 shares of the edp services company at the end of 2017Q4, valued at $43.39 billion, down from 611,250 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $48.16B market cap company. The stock increased 0.17% or $0.135 during the last trading session, reaching $81.905. About 1.62 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since April 17, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Schwartz Investment Counsel Inc, which manages about $1.74B and $1689.15 billion US Long portfolio, upped its stake in Royal Dutch Shell Plc by 19,500 shares to 92,200 shares, valued at $6.30 billion in 2017Q4, according to the filing. It also increased its holding in Brookfield Asset Mgmt Inc (NYSE:BAM) by 9,000 shares in the quarter, for a total of 30,000 shares, and has risen its stake in Williams Sonoma Inc (NYSE:WSM).

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.16, from 1.03 in 2017Q3. It improved, as 46 investors sold CTSH shares while 285 reduced holdings. 107 funds opened positions while 288 raised stakes. 491.94 million shares or 0.85% more from 487.81 million shares in 2017Q3 were reported. The Massachusetts-based Seaward Mgmt Partnership has invested 0.48% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). The Ohio-based Cleararc Inc has invested 0.14% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Scotia Capital Inc has 0.05% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 52,812 shares. 2.92 million were reported by Legal & General Grp Public Ltd Com. Next Fin accumulated 3,191 shares. Auxier Asset invested in 37,523 shares. Northern has invested 0.13% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Lenox Wealth Management Incorporated owns 957 shares for 0.02% of their portfolio. 93,584 are held by Gryphon. Choate Inv Advisors has 69,740 shares. Barrett Asset Mgmt Ltd Liability invested in 2.01% or 402,095 shares. Oregon Public Employees Retirement Fund has 0.07% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 63,991 shares. Ny State Teachers Retirement Sys holds 977,925 shares or 0.16% of its portfolio. Vanguard Group has 42.03M shares for 0.13% of their portfolio. Cortland Assoc Mo has 7.44% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 574,892 shares.

Since December 7, 2017, it had 1 buying transaction, and 40 sales for $51.92 million activity. Mehta Rajeev had sold 42,500 shares worth $3.23 million. 959 shares valued at $80,207 were sold by Lennox James Patrick on Tuesday, March 13. McLoughlin Karen sold 1,791 shares worth $150,014. $205,725 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Veeraraghavachary Srinivasan. The insider RAMAKRISHNAN CHANDRASEKARAN sold 25,000 shares worth $1.90M. $64,798 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Shaheen Allen.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 7 before the open. They expect $0.98 earnings per share, up 24.05% or $0.19 from last year’s $0.79 per share. CTSH’s profit will be $576.29 million for 20.89 P/E if the $0.98 EPS becomes a reality. After $0.96 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Cognizant Technology Solutions Corp. had 90 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Friday, July 28. Cowen & Co has “Buy” rating and $7500 target. The rating was downgraded by Argus Research on Friday, September 30 to “Hold”. The rating was maintained by Robert W. Baird on Friday, September 8 with “Buy”. The firm earned “Buy” rating on Wednesday, July 20 by Citigroup. Susquehanna maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Wednesday, February 7. Susquehanna has “Hold” rating and $86.0 target. Citigroup downgraded the stock to “Neutral” rating in Friday, September 30 report. The firm earned “Buy” rating on Tuesday, June 13 by Oppenheimer. RBC Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Thursday, January 4. RBC Capital Markets has “Buy” rating and $89.0 target. As per Wednesday, February 7, the company rating was maintained by KeyBanc Capital Markets. As per Tuesday, October 31, the company rating was maintained by Citigroup.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.20, from 1.21 in 2017Q3. It dropped, as 46 investors sold TSRO shares while 64 reduced holdings. 39 funds opened positions while 72 raised stakes. 57.95 million shares or 0.57% less from 58.28 million shares in 2017Q3 were reported. Bb Biotech Ag holds 2.44% or 1.05M shares. Ls Inv Ltd Liability Com invested in 505 shares. Earnest Prtnrs Llc holds 0% in Tesaro, Inc. (NASDAQ:TSRO) or 24 shares. Price T Rowe Associate Md stated it has 3.62 million shares. Royal Bancshares Of Canada accumulated 0% or 23,378 shares. Legal General Grp Public Ltd Com invested in 0% or 37,139 shares. Tower Rech Capital Limited (Trc) holds 0% or 23 shares. Parallax Volatility Advisers Ltd Partnership reported 0% in Tesaro, Inc. (NASDAQ:TSRO). Amundi Pioneer Asset Mgmt has 7,677 shares for 0% of their portfolio. Glg Limited Liability Corporation owns 58,563 shares for 0.35% of their portfolio. Wells Fargo Mn reported 0.01% in Tesaro, Inc. (NASDAQ:TSRO). Opus Point Mngmt Llc accumulated 0.36% or 5,000 shares. 357,400 were reported by Renaissance Tech Ltd Co. 1,206 were reported by Qs Limited Liability. Nomura Asset Management Limited holds 0% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO) for 4,000 shares.

Since March 1, 2018, it had 9 buys, and 7 insider sales for $61.19 million activity. 116,445 Tesaro, Inc. (NASDAQ:TSRO) shares with value of $6.68 million were bought by BARRETT M JAMES. Huber Martin H. Jr. had sold 1,803 shares worth $98,913 on Thursday, March 1. 116,445 shares valued at $6.68M were bought by NEW ENTERPRISE ASSOCIATES 13 LP on Friday, March 2. 3,855 Tesaro, Inc. (NASDAQ:TSRO) shares with value of $211,485 were sold by Hedley Mary Lynne. $8.35M worth of Tesaro, Inc. (NASDAQ:TSRO) shares were bought by SANDELL SCOTT D. $8.35M worth of Tesaro, Inc. (NASDAQ:TSRO) was bought by BARRIS PETER J.

Among 25 analysts covering Tesaro Inc (NASDAQ:TSRO), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. Tesaro Inc had 74 analyst reports since August 24, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Buy” rating and $19800 target in Wednesday, July 19 report. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Outperform” rating by RBC Capital Markets on Friday, February 17. The rating was maintained by FBR Capital on Friday, November 4 with “Outperform”. As per Wednesday, February 28, the company rating was maintained by Leerink Swann. The firm has “Outperform” rating given on Monday, August 24 by Leerink Swann. FBR Capital maintained Tesaro, Inc. (NASDAQ:TSRO) rating on Monday, June 5. FBR Capital has “Hold” rating and $19500 target. Citigroup initiated Tesaro, Inc. (NASDAQ:TSRO) rating on Thursday, March 17. Citigroup has “Buy” rating and $65 target. The company was downgraded on Monday, February 27 by Robert W. Baird. Guggenheim maintained Tesaro, Inc. (NASDAQ:TSRO) rating on Wednesday, January 3. Guggenheim has “Buy” rating and $125.0 target. The company was maintained on Monday, June 5 by Cowen & Co.

Tesaro, Inc. (NASDAQ:TSRO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>