Cognizant Technology Solutio (CTSH) Stock Price Declined While Invesco LTD Has Lowered Its Position by $4.07 Million; Carlson Capital LP Has Decreased Sabre (SABR) Position by $5.85 Million

August 12, 2018 - By Margaret Guttierez

Sabre Corporation (NASDAQ:SABR) Logo

Invesco Ltd decreased its stake in Cognizant Technology Solutio (CTSH) by 0.34% based on its latest 2018Q1 regulatory filing with the SEC. Invesco Ltd sold 50,896 shares as the company’s stock declined 8.67% with the market. The institutional investor held 14.97 million shares of the edp services company at the end of 2018Q1, valued at $1.20B, down from 15.02 million at the end of the previous reported quarter. Invesco Ltd who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $43.84B market cap company. The stock decreased 0.92% or $0.7 during the last trading session, reaching $75.56. About 2.59 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since August 12, 2017 and is uptrending. It has outperformed by 0.74% the S&P500.

Carlson Capital LP decreased its stake in Sabre Corp (SABR) by 35.81% based on its latest 2018Q1 regulatory filing with the SEC. Carlson Capital LP sold 278,400 shares as the company’s stock rose 0.63% while stock markets declined. The hedge fund held 498,954 shares of the programming company at the end of 2018Q1, valued at $10.70M, down from 777,354 at the end of the previous reported quarter. Carlson Capital LP who had been investing in Sabre Corp for a number of months, seems to be less bullish one the $6.86 billion market cap company. The stock decreased 0.56% or $0.14 during the last trading session, reaching $24.93. About 2.05M shares traded. Sabre Corporation (NASDAQ:SABR) has risen 4.27% since August 12, 2017 and is uptrending. It has underperformed by 8.30% the S&P500. Some Historical SABR News: 01/05/2018 – Sabre 1Q Adj EPS 44c; 22/03/2018 – Sabre Insurance Group Closes Below 50-Day Average: Technicals; 22/03/2018 – SABRE INSURANCE GROUP PLC SBRE.L – FY RETURN ON TANGIBLE EQUITY 81.8% VS 96.3%; 02/05/2018 – Ketchum Named Creative Agency of the Year at North America SABRE Awards; 22/03/2018 – SABRE INSURANCE GROUP PLC SBRE.L – FY EXPENSE RATIO 22.0% VS 21.6%; 24/05/2018 – SABRE INSURANCE GROUP PLC SBRE.L – GROUP CONTINUES TO DELIVER LEADING UNDERWRITING PERFORMANCE SUPPORTED BY POSITIVE CLAIMS EXPERIENCE IN EARLY MONTHS OF 2018; 22/03/2018 – SABRE INSURANCE GROUP PLC SBRE.L – FY SOLVENCY COVERAGE RATIO 160% VS 128%; 31/05/2018 – Sabre to offer NDC-enabled solutions in 2018; 15/05/2018 – Maverick Capital Exits Position in Sabre; 15/03/2018 – Sabre Corp Announces Closing of Secondary Offering of Common Stk

Investors sentiment increased to 1.76 in Q1 2018. Its up 0.29, from 1.47 in 2017Q4. It increased, as 19 investors sold SABR shares while 76 reduced holdings. 62 funds opened positions while 105 raised stakes. 289.05 million shares or 1.83% less from 294.44 million shares in 2017Q4 were reported. Pictet Asset Mgmt Limited holds 79,380 shares or 0% of its portfolio. Boston Prtnrs reported 0% stake. Dekabank Deutsche Girozentrale reported 10,545 shares or 0% of all its holdings. Public Employees Retirement Association Of Colorado invested 0.01% of its portfolio in Sabre Corporation (NASDAQ:SABR). Moreover, Raymond James has 0.02% invested in Sabre Corporation (NASDAQ:SABR). Greenleaf stated it has 202,751 shares. State Of Alaska Department Of Revenue reported 19,910 shares. Commercial Bank Of Montreal Can has invested 0.01% in Sabre Corporation (NASDAQ:SABR). Community State Bank Na holds 296 shares or 0% of its portfolio. Hanson & Doremus Inv Mngmt reported 13,679 shares. 18.23 million are held by Vanguard Group Inc Inc. Legal And General Grp Plc owns 400,226 shares. Stifel Financial reported 213,096 shares. San Francisco Sentry Grp (Ca) has 1,000 shares. Stoneridge Inv Partners Limited Liability has 0.06% invested in Sabre Corporation (NASDAQ:SABR).

Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on October, 30. They expect $0.31 EPS, up 6.90% or $0.02 from last year’s $0.29 per share. SABR’s profit will be $85.29 million for 20.10 P/E if the $0.31 EPS becomes a reality. After $0.36 actual EPS reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -13.89% negative EPS growth.

Among 14 analysts covering Sabre Corporation (NASDAQ:SABR), 10 have Buy rating, 1 Sell and 3 Hold. Therefore 71% are positive. Sabre Corporation had 32 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained Sabre Corporation (NASDAQ:SABR) rating on Friday, October 30. Mizuho has “Buy” rating and $35 target. As per Wednesday, April 13, the company rating was initiated by Sterne Agee CRT. The stock of Sabre Corporation (NASDAQ:SABR) has “Buy” rating given on Wednesday, June 1 by Suntrust Robinson. As per Tuesday, February 14, the company rating was downgraded by Bank of America. The stock of Sabre Corporation (NASDAQ:SABR) has “Buy” rating given on Monday, February 26 by Deutsche Bank. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, April 6. Oppenheimer maintained Sabre Corporation (NASDAQ:SABR) rating on Wednesday, August 5. Oppenheimer has “Outperform” rating and $32 target. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, May 2 report. The firm has “Buy” rating given on Wednesday, June 6 by Deutsche Bank. Zacks downgraded Sabre Corporation (NASDAQ:SABR) on Tuesday, August 25 to “Buy” rating.

Carlson Capital L P, which manages about $20.59B and $6.61 billion US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 18,531 shares to 150,625 shares, valued at $13.75 million in 2018Q1, according to the filing. It also increased its holding in Hcp Inc (NYSE:HCP) by 275,700 shares in the quarter, for a total of 718,327 shares, and has risen its stake in Orbital Atk Inc.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on November, 7. They expect $1.07 earnings per share, up 15.05% or $0.14 from last year’s $0.93 per share. CTSH’s profit will be $620.84M for 17.65 P/E if the $1.07 EPS becomes a reality. After $1.10 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -2.73% negative EPS growth.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.22, from 1.19 in 2017Q4. It fall, as 44 investors sold CTSH shares while 338 reduced holdings. 100 funds opened positions while 269 raised stakes. 491.22 million shares or 0.15% less from 491.94 million shares in 2017Q4 were reported. New York-based One Natl Association has invested 0.03% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Whitnell Communication stated it has 1.03% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Moreover, Paradigm Asset Mngmt Communications Limited Liability Com has 0% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 31,900 shares. Palladium Ltd reported 105,805 shares. Bb&T Corporation has invested 0.09% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Piedmont Inv Advsr Lc has invested 0.19% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Twin Tree Management LP invested 0% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). New Hampshire-based Harvest Cap Incorporated has invested 0.13% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). The California-based Checchi Cap Advisers Ltd Liability Corporation has invested 0.07% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Badgley Phelps Bell holds 143,371 shares or 0.77% of its portfolio. Neuberger Berman Group Limited Co holds 0.21% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 2.33 million shares. First Allied Advisory Ser holds 0.07% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 22,139 shares. Metropolitan Life New York invested 0% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Jump Trading Ltd Liability Com stated it has 0.03% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Cap Fund Mgmt Sa owns 35,214 shares for 0.02% of their portfolio.

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 93 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, February 8 by Barclays Capital. The firm earned “Hold” rating on Tuesday, January 10 by Loop Capital. On Wednesday, February 7 the stock rating was maintained by J.P. Morgan with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Outperform” rating given on Thursday, November 2 by Bernstein. The firm has “Buy” rating given on Wednesday, February 7 by Needham. Morgan Stanley maintained the shares of CTSH in report on Monday, February 5 with “Equal-Weight” rating. As per Thursday, October 19, the company rating was maintained by Robert W. Baird. The rating was maintained by KeyBanc Capital Markets on Sunday, October 29 with “Buy”. Jefferies maintained it with “Buy” rating and $81.0 target in Wednesday, October 11 report. Citigroup maintained the shares of CTSH in report on Tuesday, October 31 with “Neutral” rating.

Since February 14, 2018, it had 1 insider buy, and 40 sales for $12.27 million activity. Frank Malcolm had sold 3,146 shares worth $251,624 on Tuesday, July 3. 10,000 shares were sold by Kandiah Gajakarnan Vibushanan, worth $798,094. 1,386 shares valued at $106,542 were sold by McLoughlin Karen on Friday, June 8. $5,992 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Middleton Sean. Friedrich Matthew W. had sold 2,847 shares worth $233,849 on Monday, March 5. $64,798 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Shaheen Allen.

Invesco Ltd, which manages about $267.56 billion US Long portfolio, upped its stake in Franco Nevada Corp (NYSE:FNV) by 28,001 shares to 325,216 shares, valued at $22.24 million in 2018Q1, according to the filing. It also increased its holding in Tootsie Roll Inds Inc (NYSE:TR) by 40,511 shares in the quarter, for a total of 437,831 shares, and has risen its stake in Nautilus Inc (NYSE:NLS).

More news for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) were recently published by: Fool.com, which released: “Why Cognizant Can’t Satisfy Its Skeptics” on August 02, 2018. Bizjournals.com‘s article titled: “By Hayley Ringle – Reporter, Phoenix Business Journal” and published on August 09, 2018 is yet another important article.

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

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