Fcm Investments Trimmed By $593,631 Its Cognizant Tech Solutions (CTSH) Stake; Shorts at MIDGARD PROSJEKT I ASA ORDINARY SHARES (MDRDF) Raised By 4.31%

May 27, 2018 - By Dolores Ford

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Logo

Fcm Investments decreased Cognizant Tech Solutions (CTSH) stake by 11.34% reported in 2017Q4 SEC filing. Fcm Investments sold 8,361 shares as Cognizant Tech Solutions (CTSH)’s stock rose 11.69%. The Fcm Investments holds 65,346 shares with $4.64 million value, down from 73,707 last quarter. Cognizant Tech Solutions now has $44.40 billion valuation. The stock decreased 0.20% or $0.15 during the last trading session, reaching $75.78. About 2.44M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since May 27, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

MIDGARD PROSJEKT I ASA ORDINARY SHARES (OTCMKTS:MDRDF) had an increase of 4.31% in short interest. MDRDF’s SI was 176,500 shares in May as released by FINRA. Its up 4.31% from 169,200 shares previously. It closed at $10.3833 lastly. It is down 0.00% since May 27, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment increased to 1.19 in 2017 Q4. 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. Majedie Asset Management holds 177,160 shares. State Of Wisconsin Inv Board accumulated 662,930 shares. The New York-based Blackrock has invested 0.12% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Rampart Mgmt Com Lc reported 0.22% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Brandes Invest Partners Lp has 128,045 shares. Finemark Bankshares & Tru owns 84,967 shares. Ny State Teachers Retirement System has 977,925 shares for 0.16% of their portfolio. Fmr Ltd Llc reported 24.22 million shares stake. Marshall Wace Llp holds 0.02% or 6,991 shares. 3,144 are held by Stonebridge Cap Advsrs Ltd Liability Co. Sumitomo Mitsui Asset Mgmt Ltd invested in 0.05% or 43,797 shares. Moreover, Robecosam Ag has 0.62% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 130,917 shares. Boston Private Wealth Limited has 0.07% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 27,313 shares. Argent Trust holds 0.09% or 3,340 shares. Barclays Public Ltd Co has 2.36 million shares.

Since December 7, 2017, it had 1 buying transaction, and 40 insider sales for $51.92 million activity. $330,754 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Kandiah Gajakarnan Vibushanan. Shares for $1.40M were sold by fox John nelson JR on Tuesday, December 12. $89,584 worth of stock was sold by Frank Malcolm on Monday, March 5. Shares for $136,950 were sold by CHATTERJEE DEBASHIS. 4,522 shares valued at $380,621 were sold by Mehta Rajeev on Friday, March 9. The insider McLoughlin Karen sold 14,369 shares worth $1.03 million. RAMAKRISHNAN CHANDRASEKARAN sold $1.89 million worth of stock.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on August, 2. They expect $1.03 EPS, up 18.39% or $0.16 from last year’s $0.87 per share. CTSH’s profit will be $603.47 million for 18.39 P/E if the $1.03 EPS becomes a reality. After $0.99 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 4.04% EPS growth.

Another recent and important Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news was published by Prnewswire.com which published an article titled: “Cognizant to Present at the Bernstein 34th Annual Strategic Decisions Conference” on May 23, 2018.

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 92 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, February 8 by Cowen & Co. Barclays Capital maintained the shares of CTSH in report on Monday, October 30 with “Overweight” rating. The stock has “Outperform” rating by Bernstein on Thursday, November 2. The rating was upgraded by William Blair to “Outperform” on Wednesday, November 1. The firm earned “Hold” rating on Wednesday, February 7 by Susquehanna. On Thursday, April 13 the stock rating was upgraded by SunTrust to “Buy”. Sterne Agee CRT initiated the shares of CTSH in report on Thursday, December 17 with “Neutral” rating. The rating was initiated by SunTrust on Thursday, September 10 with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Underperform” rating by CLSA on Wednesday, September 14. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Monness Crespi & Hardt on Thursday, November 5.

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

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