Tyler Technologies, Inc. (TYL) Reaches $194.10 High on Jan, 21; Columbus Hill Capital Management LP Has Decreased Cigna (CI) Stake By $1.86 Million

January 21, 2018 - By Richard Conner

The stock of Tyler Technologies, Inc. (NYSE:TYL) reached all time high today, Jan, 21 and still has $199.92 target or 3.00% above today’s $194.10 share price. This indicates more upside for the $7.29B company. This technical setup was reported by Barchart.com. If the $199.92 PT is reached, the company will be worth $218.76M more. The stock increased 1.19% or $2.28 during the last trading session, reaching $194.1. About 107,275 shares traded. Tyler Technologies, Inc. (NYSE:TYL) has risen 17.20% since January 21, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Columbus Hill Capital Management Lp decreased Cigna Corporation (CI) stake by 5% reported in 2017Q3 SEC filing. Columbus Hill Capital Management Lp sold 9,994 shares as Cigna Corporation (CI)’s stock rose 11.09%. The Columbus Hill Capital Management Lp holds 189,845 shares with $35.49 million value, down from 199,839 last quarter. Cigna Corporation now has $54.28B valuation. The stock increased 0.22% or $0.49 during the last trading session, reaching $220.15. About 1.36M shares traded or 6.63% up from the average. Cigna Corporation (NYSE:CI) has risen 23.57% since January 21, 2017 and is uptrending. It has outperformed by 6.87% the S&P500.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on February, 1. They expect $1.87 EPS, 0.00% or $0.00 from last year’s $1.87 per share. CI’s profit will be $461.05 million for 29.43 P/E if the $1.87 EPS becomes a reality. After $2.83 actual EPS reported by Cigna Corporation for the previous quarter, Wall Street now forecasts -33.92% negative EPS growth.

Columbus Hill Capital Management Lp increased Corecivic Inc stake by 24,900 shares to 520,093 valued at $13.92 million in 2017Q3. It also upped Altaba Inc stake by 140,000 shares and now owns 178,500 shares. Comcast Corp New (NASDAQ:CMCSA) was raised too.

Among 19 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. CIGNA had 54 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 7 by Jefferies. The stock has “Buy” rating by Sterne Agee CRT on Monday, July 27. The firm has “Buy” rating by Jefferies given on Thursday, November 2. The firm has “Buy” rating given on Sunday, August 6 by Piper Jaffray. The rating was initiated by Credit Suisse with “Buy” on Friday, November 3. The firm earned “Buy” rating on Monday, October 23 by Cowen & Co. Citigroup maintained Cigna Corporation (NYSE:CI) rating on Monday, August 7. Citigroup has “Buy” rating and $198 target. RBC Capital Markets maintained it with “Sector Perform” rating and $172 target in Monday, November 9 report. The firm earned “Buy” rating on Friday, November 3 by RBC Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Friday, February 10.

Investors sentiment is 0.96 in Q3 2017. Its the same as in 2017Q2. It is the same, as 47 investors sold CI shares while 249 reduced holdings. only 72 funds opened positions while 212 raised stakes. 206.32 million shares or 5.35% less from 217.98 million shares in 2017Q2 were reported. Crawford Counsel holds 2,250 shares. Fulton Fincl Bank Na reported 1,816 shares. Ontario Teachers Pension Plan Board owns 0.05% invested in Cigna Corporation (NYSE:CI) for 20,434 shares. Veritable Limited Partnership reported 0.03% stake. Clark Management Group holds 0.02% of its portfolio in Cigna Corporation (NYSE:CI) for 2,500 shares. Moreover, Fiduciary Tru has 0.02% invested in Cigna Corporation (NYSE:CI) for 4,076 shares. Retirement Of Alabama invested 0.22% of its portfolio in Cigna Corporation (NYSE:CI). Fmr Limited accumulated 8.64M shares. Motco stated it has 525 shares or 0.01% of all its holdings. Tobam has 1.58% invested in Cigna Corporation (NYSE:CI) for 224,353 shares. Robeco Institutional Asset Mngmt Bv invested in 614,153 shares. Fil Limited holds 1.19% of its portfolio in Cigna Corporation (NYSE:CI) for 2.22M shares. Cap Fincl Advisers Limited Co has invested 0.01% in Cigna Corporation (NYSE:CI). 1,435 are held by Counselors. Lord Abbett And Co Limited Company reported 40,600 shares.

Since August 7, 2017, it had 0 insider buys, and 11 selling transactions for $15.30 million activity. The insider Triplett Michael W sold 3,700 shares worth $647,360. $402,366 worth of Cigna Corporation (NYSE:CI) was sold by Bacus Lisa R on Wednesday, August 16. $93,232 worth of Cigna Corporation (NYSE:CI) was sold by Hoeltzel Mary T. The insider HARRIS ISAIAH JR sold 247 shares worth $45,762. The insider MURABITO JOHN M sold $5.77 million. $230,662 worth of Cigna Corporation (NYSE:CI) was sold by ZOLLARS WILLIAM D on Wednesday, September 13. $85,184 worth of stock was sold by HENNEY JANE E MD on Friday, January 12.

Analysts await Tyler Technologies, Inc. (NYSE:TYL) to report earnings on February, 14. They expect $0.89 EPS, up 17.11% or $0.13 from last year’s $0.76 per share. TYL’s profit will be $33.44 million for 54.52 P/E if the $0.89 EPS becomes a reality. After $0.89 actual EPS reported by Tyler Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.41 in Q3 2017. Its down 0.22, from 1.63 in 2017Q2. It dropped, as 26 investors sold Tyler Technologies, Inc. shares while 66 reduced holdings. 37 funds opened positions while 93 raised stakes. 33.89 million shares or 0.87% more from 33.60 million shares in 2017Q2 were reported. Brown Cap Limited Liability Co has 4.69% invested in Tyler Technologies, Inc. (NYSE:TYL) for 2.21 million shares. Gemmer Asset Mgmt Limited Com owns 23 shares for 0% of their portfolio. Goldman Sachs Gru has 705,689 shares for 0.03% of their portfolio. Moreover, Waddell & Reed Fincl has 0.2% invested in Tyler Technologies, Inc. (NYSE:TYL) for 506,374 shares. Geode Cap Mgmt Lc holds 0.02% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL) for 267,949 shares. 46,322 are held by Wells Fargo & Company Mn. Personal Capital stated it has 108,971 shares or 0.37% of all its holdings. 915,344 were reported by State Street. Conestoga Advsr Limited Liability Company holds 1.22% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL) for 157,945 shares. Tower Llc (Trc) accumulated 400 shares or 0.01% of the stock. Stephens Mngmt Gp Ltd reported 0.97% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL). Koch Industries Inc holds 0.06% of its portfolio in Tyler Technologies, Inc. (NYSE:TYL) for 1,466 shares. Eulav Asset owns 106,358 shares. Hm Payson & stated it has 74,618 shares or 0.56% of all its holdings. Moreover, Gabelli Funds Limited Liability Company has 0.24% invested in Tyler Technologies, Inc. (NYSE:TYL).

Since August 1, 2017, it had 0 insider purchases, and 29 insider sales for $75.55 million activity. BRATTAIN DONALD R sold $200,618 worth of stock or 1,150 shares. WOMBLE DUSTIN R sold $2.32 million worth of stock. $318,928 worth of stock was sold by MILLER BRIAN K on Monday, August 14. 50,000 Tyler Technologies, Inc. (NYSE:TYL) shares with value of $8.87M were sold by LEINWEBER LARRY D. The insider MOORE H LYNN JR sold 6,000 shares worth $1.11M. MARR JOHN S JR sold 11,373 shares worth $1.94 million. $265,425 worth of stock was sold by King Luther Jr on Monday, October 30.

Among 12 analysts covering Tyler Technologies (NYSE:TYL), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Tyler Technologies had 42 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Tyler Technologies, Inc. (NYSE:TYL) has “Buy” rating given on Tuesday, October 25 by Maxim Group. Maxim Group maintained it with “Buy” rating and $19700 target in Monday, July 17 report. The stock of Tyler Technologies, Inc. (NYSE:TYL) has “Buy” rating given on Friday, September 22 by Citigroup. Piper Jaffray maintained Tyler Technologies, Inc. (NYSE:TYL) on Tuesday, January 16 with “Buy” rating. Northland Capital maintained Tyler Technologies, Inc. (NYSE:TYL) on Monday, July 3 with “Buy” rating. Northland Capital maintained Tyler Technologies, Inc. (NYSE:TYL) on Thursday, October 22 with “Outperform” rating. The firm earned “Buy” rating on Friday, July 29 by Benchmark. On Thursday, April 28 the stock rating was maintained by Maxim Group with “Buy”. The stock of Tyler Technologies, Inc. (NYSE:TYL) has “Buy” rating given on Thursday, October 22 by Maxim Group. The stock has “Buy” rating by Piper Jaffray on Monday, July 24.

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. The company has market cap of $7.29 billion. It operates through two divisions, Enterprise Software, and Appraisal and Tax. It has a 57.07 P/E ratio. The company??s financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services.

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