Stock News

Cognizant Technology Solutio (CTSH) Shareholder Factory Mutual Insurance Company Lowered Stake; Financial Architects Upped Jpmorgan Chase & Co (JPM) Stake by $15.43 Million as Stock Value Declined

Factory Mutual Insurance Company decreased its stake in Cognizant Technology Solutio (CTSH) by 0.97% based on its latest 2017Q3 regulatory filing with the SEC. Factory Mutual Insurance Company sold 10,400 shares as the company’s stock rose 12.87% with the market. The institutional investor held 1.06 million shares of the edp services company at the end of 2017Q3, valued at $77.01 million, down from 1.07M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $48.08 billion market cap company. The stock increased 0.73% or $0.59 during the last trading session, reaching $81.54. About 3.91M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since February 21, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.

Financial Architects Inc increased its stake in Jpmorgan Chase & Co (JPM) by 32488.8% based on its latest 2017Q3 regulatory filing with the SEC. Financial Architects Inc bought 162,444 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 162,944 shares of the major banks company at the end of 2017Q3, valued at $15.56M, up from 500 at the end of the previous reported quarter. Financial Architects Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $392.86 billion market cap company. The stock increased 0.03% or $0.03 during the last trading session, reaching $114.71. About 13.46 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 21, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Since August 21, 2017, it had 1 buy, and 9 insider sales for $22.34 million activity. $1.99M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Friedman Stacey on Saturday, January 13. Petno Douglas B sold $5.43 million worth of stock or 48,344 shares. Erdoes Mary E. sold $7.31 million worth of stock or 65,101 shares. 7,280 shares were bought by CROWN JAMES S, worth $825,327. 3,783 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $425,399 were sold by Giles Nicole. On Saturday, January 13 Lake Marianne sold $1.03M worth of JPMorgan Chase & Co. (NYSE:JPM) or 9,194 shares.

Financial Architects Inc, which manages about $561.93M US Long portfolio, decreased its stake in Enstar Group Limited (NASDAQ:ESGR) by 3,000 shares to 8,000 shares, valued at $1.78M in 2017Q3, according to the filing. It also reduced its holding in Micron Technology Inc (NASDAQ:MU) by 608,389 shares in the quarter, leaving it with 14,011 shares, and cut its stake in Alphabet Inc (Call).

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co has $133 highest and $52 lowest target. $102.50’s average target is -10.64% below currents $114.71 stock price. JPMorgan Chase & Co had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 16 by Bernstein. The firm has “Neutral” rating given on Wednesday, November 9 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Thursday, October 12 with “Buy”. The stock has “Buy” rating by Buckingham Research on Thursday, December 21. Argus Research maintained JPMorgan Chase & Co. (NYSE:JPM) on Wednesday, October 14 with “Buy” rating. The company was maintained on Tuesday, January 16 by Sandler O’Neill. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, August 18. The stock has “Outperform” rating by Vining Sparks on Friday, April 28. The company was upgraded on Monday, August 17 by KBW. The stock has “Buy” rating by RBC Capital Markets on Thursday, June 15.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It fall, as 65 investors sold JPM shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported. Bokf Na, a Oklahoma-based fund reported 365,150 shares. Sns Fincl Group Incorporated Ltd Liability Corporation reported 6,058 shares. Moreover, Fiera Cap has 0.27% invested in JPMorgan Chase & Co. (NYSE:JPM). 60,610 were accumulated by Kelly Lawrence W Associates Ca. Moreover, Kepos LP has 0.55% invested in JPMorgan Chase & Co. (NYSE:JPM). First City Mgmt Incorporated accumulated 18,314 shares or 1.22% of the stock. Reik Llc accumulated 2,722 shares. Concorde Asset Mngmt Limited Liability Company reported 12,479 shares. Ingalls And Snyder Limited Company invested in 1.73% or 347,719 shares. Quantitative Mngmt Ltd Liability Company holds 792,900 shares or 0.86% of its portfolio. Creative Planning stated it has 418,941 shares. Steinberg Asset has 20,215 shares for 0.28% of their portfolio. 19,339 are owned by Coastline. Baldwin Brothers Ma invested 0.29% in JPMorgan Chase & Co. (NYSE:JPM). Rnc Capital Mngmt Ltd Limited Liability Company owns 439,975 shares.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It is positive, as 37 investors sold CTSH shares while 296 reduced holdings. 99 funds opened positions while 244 raised stakes. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. Intact Inv Mgmt Inc has 0.02% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Bancorp Of Nova Scotia holds 0.01% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 1,670 shares. Boston Private Wealth Limited Liability Company owns 0.15% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 55,100 shares. First Bank & Trust Of Omaha stated it has 103,191 shares. Highland Cap Mgmt LP owns 0.85% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 264,400 shares. Panagora Asset Incorporated invested in 0.01% or 42,367 shares. Regentatlantic Ltd Liability Corp reported 11,835 shares or 0.07% of all its holdings. Sather Group Inc Incorporated invested 7.01% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Moreover, Cambridge Tru has 0.73% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 149,170 shares. Northcoast Asset Management owns 0.07% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 8,456 shares. Regions Finance Corp invested in 0.26% or 315,552 shares. Goelzer Investment owns 75,278 shares. Moreover, Raymond James And Assocs has 0.04% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). 101,546 are held by Tocqueville Asset Mgmt L P. Edgewood Management stated it has 5.64% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH).

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 4. They expect $0.99 earnings per share, up 25.32% or $0.20 from last year’s $0.79 per share. CTSH’s profit will be $583.75 million for 20.59 P/E if the $0.99 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 3.13% EPS growth.

Factory Mutual Insurance Company, which manages about $9.12 billion US Long portfolio, upped its stake in Allergan Plc by 70,400 shares to 571,100 shares, valued at $117.05 million in 2017Q3, according to the filing. It also increased its holding in Praxair Inc (NYSE:PX) by 5,000 shares in the quarter, for a total of 396,000 shares, and has risen its stake in Amazon Com Inc (NASDAQ:AMZN).

Since August 28, 2017, it had 0 buys, and 41 selling transactions for $62.43 million activity. 17,998 shares were sold by Mehta Rajeev, worth $1.43M on Wednesday, February 14. The insider Shaheen Allen sold 2,358 shares worth $165,525. Shares for $182,500 were sold by Veeraraghavachary Srinivasan on Tuesday, September 12. CHATTERJEE DEBASHIS sold 1,726 shares worth $136,354. On Wednesday, February 14 the insider Kandiah Gajakarnan Vibushanan sold $798,094. RAMAKRISHNAN CHANDRASEKARAN sold $1.78 million worth of stock.

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 25 have Buy rating, 1 Sell and 7 Hold. Therefore 76% are positive. Cognizant Technology Solutions Corp. had 89 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, November 1 the stock rating was upgraded by Needham to “Strong Buy”. As per Monday, October 30, the company rating was maintained by Barclays Capital. Oppenheimer maintained it with “Buy” rating and $8000 target in Tuesday, June 13 report. The firm has “Buy” rating given on Wednesday, July 20 by Citigroup. The firm has “Neutral” rating given on Thursday, September 15 by Goldman Sachs. The firm has “Neutral” rating by Nomura given on Thursday, February 8. As per Wednesday, November 1, the company rating was maintained by Cowen & Co. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Hold” rating given on Wednesday, February 7 by Susquehanna. Wedbush initiated Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Friday, September 9. Wedbush has “Neutral” rating and $65 target. As per Wednesday, November 1, the company rating was upgraded by William Blair.

Leave a Reply

Your email address will not be published. Required fields are marked *