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Paragon Capital Management LTD Position in Target (TGT) Trimmed as Market Value Rose; Chieftain Capital Management Boosted Its Stake in Cbs New (CBS) by $19.93 Million

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John Shapiro increased its stake in Cbs Corp New (CBS) by 12.16% based on its latest 2017Q4 regulatory filing with the SEC. Chieftain Capital Management Inc bought 343,658 shares as the company’s stock declined 13.00% with the market. The hedge fund run by John Shapiro held 3.17 million shares of the broadcasting company at the end of 2017Q4, valued at $186.98M, up from 2.83 million at the end of the previous reported quarter. Chieftain Capital Management Inc who had been investing in Cbs Corp New for a number of months, seems to be bullish on the $19.18 billion market cap company. The stock increased 0.94% or $0.47 during the last trading session, reaching $50.42. About 2.28M shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since April 25, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

Paragon Capital Management Ltd decreased its stake in Target Corp (TGT) by 71.74% based on its latest 2017Q4 regulatory filing with the SEC. Paragon Capital Management Ltd sold 44,027 shares as the company’s stock rose 4.77% while stock markets declined. The institutional investor held 17,343 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $1.13 million, down from 61,370 at the end of the previous reported quarter. Paragon Capital Management Ltd who had been investing in Target Corp for a number of months, seems to be less bullish one the $38.33B market cap company. The stock increased 0.86% or $0.61 during the last trading session, reaching $71.14. About 2.56 million shares traded. Target Corporation (NYSE:TGT) has risen 28.46% since April 25, 2017 and is uptrending. It has outperformed by 16.91% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 13 insider sales for $63.60 million activity. 47,871 shares were sold by Ianniello Joseph R, worth $2.87 million on Thursday, January 25.

Among 37 analysts covering CBS Corp (NYSE:CBS), 28 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. CBS Corp had 116 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, May 3, the company rating was maintained by Benchmark. Needham maintained the stock with “Buy” rating in Tuesday, January 24 report. On Wednesday, November 4 the stock rating was maintained by UBS with “Neutral”. The rating was maintained by Barclays Capital on Sunday, August 16 with “Hold”. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, February 16 report. Nomura maintained the stock with “Buy” rating in Thursday, March 30 report. The stock of CBS Corporation (NYSE:CBS) earned “Outperform” rating by BMO Capital Markets on Wednesday, February 21. The firm earned “Buy” rating on Monday, September 21 by Piper Jaffray. Wunderlich initiated it with “Buy” rating and $72 target in Friday, October 21 report. Cowen & Co maintained the stock with “Buy” rating in Thursday, August 6 report.

Chieftain Capital Management Inc, which manages about $1.89 billion and $1.47B US Long portfolio, decreased its stake in Hca Healthcare Inc (NYSE:HCA) by 82,332 shares to 2.47M shares, valued at $216.68M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It dropped, as 80 investors sold CBS shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Allsquare Wealth Ltd Liability holds 0.01% in CBS Corporation (NYSE:CBS) or 125 shares. First Midwest State Bank Tru Division reported 13,775 shares. First Manhattan Com reported 0.01% stake. Bb&T Limited Liability Co has 122,330 shares for 0.09% of their portfolio. Arizona State Retirement System invested in 0.05% or 91,864 shares. 417,077 were reported by Cannell Peter B & Com Inc. Sector Pension Investment Board, Quebec – Canada-based fund reported 38,986 shares. Wallace Cap Mgmt Incorporated has invested 0.04% of its portfolio in CBS Corporation (NYSE:CBS). Hotchkis & Wiley Capital Mngmt Limited Com reported 4.07M shares. New Mexico Educational Retirement Board invested in 31,357 shares or 0.07% of the stock. Moreover, Jfs Wealth Advsrs Limited Company has 0.01% invested in CBS Corporation (NYSE:CBS). New Jersey-based Nuwave Inv Mngmt Ltd Llc has invested 0.06% in CBS Corporation (NYSE:CBS). Philadelphia Trust Commerce invested in 0.78% or 169,028 shares. Suntrust Banks reported 37,191 shares. Dimensional Fund Advsrs Ltd Partnership invested 0% in CBS Corporation (NYSE:CBS).

CBS Corporation (NYSE:CBS) Institutional Positions Chart

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