Martin Currie LTD Increased Cognizant Technology Solutio (CTSH) Position; Dycom Industries (DY) Sentiment Is 1.23

November 14, 2017 - By Richard Conner

Martin Currie Ltd increased Cognizant Technology Solutio (CTSH) stake by 33.83% reported in 2017Q2 SEC filing. Martin Currie Ltd acquired 81,300 shares as Cognizant Technology Solutio (CTSH)’s stock rose

12.87%. The Martin Currie Ltd holds 321,600 shares with $21.35M value, up from 240,300 last quarter. Cognizant Technology Solutio now has $43.67B valuation. The stock declined 0.67% or $0.5 reaching $74.06 on the news. About 63 shares traded. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since November 14, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The company has market cap of $2.78 billion. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It has a 18.17 P/E ratio. The Firm provides the labor, tools and equipment necessary to design, engineer, locate, maintain, expand, install and upgrade the telecommunications infrastructure of its customers.

Among 30 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Cognizant Technology Solutions Corp. had 73 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by William Blair on Wednesday, November 1 to “Outperform”. The firm has “Buy” rating given on Thursday, November 2 by Credit Suisse. The rating was upgraded by SunTrust to “Buy” on Thursday, April 13. The rating was maintained by RBC Capital Markets on Thursday, November 9 with “Buy”. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, July 12. As per Thursday, September 10, the company rating was initiated by Suntrust Robinson. BMO Capital Markets maintained Cognizant Technology Solutions Corp (NASDAQ:CTSH) on Thursday, August 6 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Tuesday, September 5 with “Buy”. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) earned “Strong Buy” rating by Needham on Wednesday, November 1. As per Tuesday, November 22, the company rating was downgraded by Bank of America.

Since May 15, 2017, it had 0 insider purchases, and 10 sales for $2.66 million activity. CHATTERJEE DEBASHIS also sold $99,060 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) on Tuesday, May 16. Another trade for 4,186 shares valued at $282,815 was made by Shaheen Allen on Tuesday, June 6. $302,479 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by KRISHNASWAMY VENKAT on Friday, May 19. On Tuesday, May 23 the insider CHINTAMANENI RAMAKRISHNA PRASAD sold $242,352. The insider Kandiah Gajakarnan Vibushanan sold $674,365. On Tuesday, May 16 the insider SINHA DHARMENDRA KUMAR sold $601,445. The insider Middleton Sean sold $122,850.

Martin Currie Ltd decreased Ecolab Inc (NYSE:ECL) stake by 9,969 shares to 43,231 valued at $5.74M in 2017Q2. It also reduced Fortune Brands Home & Sec In (NYSE:FBHS) stake by 6,671 shares and now owns 64,579 shares. Eaton Corp Plc (NYSE:ETN) was reduced too.

Investors sentiment decreased to 0.76 in 2017 Q2. Its down 0.15, from 0.91 in 2017Q1. It worsened, as 53 investors sold CTSH shares while 330 reduced holdings. 86 funds opened positions while 205 raised stakes. 503.05 million shares or 1.75% less from 512.00 million shares in 2017Q1 were reported. Panagora Asset Mgmt stated it has 27,479 shares or 0.01% of all its holdings. Icon Advisers Communications invested 0.32% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Marshall & Sullivan Wa has 3.04% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Jane Street Grp Lc invested 0% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Bnp Paribas Arbitrage reported 152,105 shares. Fil has 3.72M shares. 325,000 are owned by Cypress Funds Limited Liability Corporation. Ameritas Investment Ptnrs Inc holds 23,836 shares. First Republic Mngmt accumulated 0.4% or 799,718 shares. Ashmore Wealth Mngmt Ltd Liability Corporation owns 1.49 million shares. Commerzbank Aktiengesellschaft Fi reported 4,836 shares or 0.01% of all its holdings. Adell Harriman & Carpenter owns 8,845 shares for 0% of their portfolio. Auxier Asset Mgmt invested in 0.51% or 37,523 shares. 16,411 are owned by Inv Management Of Virginia Limited Com. Cornerstone Cap Mngmt Limited Liability Company has 101,801 shares for 0.05% of their portfolio.

Analysts await Dycom Industries, Inc. (NYSE:DY) to report earnings on November, 21 before the open. They expect $0.91 EPS, down 45.51% or $0.76 from last year’s $1.67 per share. DY’s profit will be $28.29 million for 24.56 P/E if the $0.91 EPS becomes a reality. After $1.47 actual EPS reported by Dycom Industries, Inc. for the previous quarter, Wall Street now forecasts -38.10% negative EPS growth.

It is down 52.80% since November 14, 2016 and is uptrending. It has outperformed by 36.10% the S&P500.

Peconic Partners Llc holds 8.79% of its portfolio in Dycom Industries, Inc. for 609,389 shares. Ack Asset Management Llc owns 420,000 shares or 8.48% of their US portfolio. Moreover, 12Th Street Asset Management Company Llc has 7.09% invested in the company for 307,858 shares. The New Jersey-based Pennant Capital Management Llc has invested 3.03% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 116,679 shares.

By

Echostar Corporation-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.

Free Newsletter

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


>