Hortonworks (HDP) Position Has Increased by Stanley-Laman Group Ltd; Cognizant Technology Solutions (CTSH) Share Price Declined While Vision Capital Management Has Decreased Its Stake by $317,600

August 10, 2018 - By Lisa Delgado

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Logo

Vision Capital Management Inc decreased its stake in Cognizant Technology Solutions (CTSH) by 7.87% based on its latest 2018Q1 regulatory filing with the SEC. Vision Capital Management Inc sold 3,970 shares as the company’s stock declined 8.67% with the market. The institutional investor held 46,499 shares of the edp services company at the end of 2018Q1, valued at $3.74 million, down from 50,469 at the end of the previous reported quarter. Vision Capital Management Inc who had been investing in Cognizant Technology Solutions for a number of months, seems to be less bullish one the $44.25 billion market cap company. The stock decreased 1.27% or $0.98 during the last trading session, reaching $76.26. About 4.20M shares traded or 24.68% up from the average. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since August 10, 2017 and is uptrending. It has outperformed by 0.74% the S&P500. Some Historical CTSH News: 23/05/2018 – Cognizant Presenting at AllianceBernstein Conference May 30; 12/03/2018 Cognizant To Acquire Bolder Healthcare Solutions To Expand Revenue Cycle Management Services For Providers; 15/05/2018 – CEO D’Souza Gifts 325 Of Cognizant Technology Solutions Corp; 07/05/2018 – Cognizant Tech Solutions Sees FY Rev $16.05B-$16.3B; 14/03/2018 – COGNIZANT LAUNCHES $300M ACCELERATED SHARE BUYBACK; 03/04/2018 – Cognizant Defends Tax Position At Chennai High Court Hearing; High Court Lifts Attachment Of Cognizant Accounts; 28/03/2018 – COGNIZANT TECHNOLOGY SOLUTIONS CORP CTSH.O : BERNSTEIN STARTS WITH MARKET PERFORM RATING; 23/04/2018 – DJ Cognizant Technology Solutions Corp, Inst Holders, 1Q 2018 (CTSH); 07/05/2018 – Cognizant Tech Solutions Sees 2Q Rev $4B-$4.04B; 14/03/2018 – COGNIZANT TECHNOLOGY SOLUTIONS CORP – ASR AGREEMENT IS A CONTINUATION OF ITS PREVIOUSLY ANNOUNCED $3.4 BLN CAPITAL RETURN PLAN

Stanley-Laman Group Ltd increased its stake in Hortonworks Inc (HDP) by 1162.79% based on its latest 2018Q1 regulatory filing with the SEC. Stanley-Laman Group Ltd bought 424,220 shares as the company’s stock declined 3.32% with the market. The institutional investor held 460,703 shares of the technology company at the end of 2018Q1, valued at $9.39 million, up from 36,483 at the end of the previous reported quarter. Stanley-Laman Group Ltd who had been investing in Hortonworks Inc for a number of months, seems to be bullish on the $1.67 billion market cap company. The stock increased 3.91% or $0.78 during the last trading session, reaching $20.73. About 2.29M shares traded or 101.84% up from the average. Hortonworks, Inc. (NASDAQ:HDP) has risen 34.05% since August 10, 2017 and is uptrending. It has outperformed by 21.48% the S&P500. Some Historical HDP News: 01/05/2018 – Hortonworks Presenting at AllianceBernstein Conference May 31; 11/04/2018 – HORTONWORKS INC HDP.O : MONNESS CRESPI HARDT STARTS COVERAGE WITH NEUTRAL RATING; 21/05/2018 – Hortonworks at Non-Deal Roadshow Hosted By Rosenblatt Today; 22/04/2018 – DJ Hortonworks Inc, Inst Holders, 1Q 2018 (HDP); 08/05/2018 – HORTONWORKS INC SEES FULL YEAR 2018 NON-GAAP OPERATING MARGIN BETWEEN NEGATIVE 23 PERCENT AND NEGATIVE 18 PERCENT; 07/03/2018 – Hortonworks Non-Deal Roadshow Scheduled By JMP for Mar. 14; 08/05/2018 – HORTONWORKS INC – FOR FULL YEAR 2018, EXPECT TOTAL GAAP REVENUE BETWEEN $325.0 MLN AND $330.0 MLN; 21/05/2018 – Hortonworks at Conference Call Hosted By Rosenblatt Today; 30/05/2018 – Hortonworks Presenting at AllianceBernstein Conference Tomorrow; 14/05/2018 – Consolidated Research: 2018 Summary Expectations for Penn National Gaming, Hortonworks, Tempur Sealy International, Macquarie I

More notable recent Hortonworks, Inc. (NASDAQ:HDP) news were published by: Seekingalpha.com which released: “After Great Quarter, Hortonworks Can Finally Try For A Rally” on August 08, 2018, also Benzinga.com with their article: “40 Stocks Moving In Wednesday’s Pre-Market Session” published on August 08, 2018, Seekingalpha.com published: “Hortonworks +12.5% on Q2 beats, upside revenue guides” on August 07, 2018. More interesting news about Hortonworks, Inc. (NASDAQ:HDP) were released by: Benzinga.com and their article: “85 Biggest Movers From Yesterday” published on August 09, 2018 as well as Benzinga.com‘s news article titled: “68 Stocks Moving In Wednesday’s Mid-Day Session” with publication date: August 08, 2018.

Investors sentiment increased to 1.66 in 2018 Q1. Its up 0.41, from 1.25 in 2017Q4. It improved, as 10 investors sold HDP shares while 46 reduced holdings. 37 funds opened positions while 56 raised stakes. 49.29 million shares or 11.32% more from 44.28 million shares in 2017Q4 were reported. Hussman Strategic reported 25,000 shares. Cubist Systematic Strategies Limited Co reported 21,949 shares. 33,274 are held by Highbridge Mngmt Limited Liability Com. Perkins Cap Mgmt invested in 0.59% or 32,275 shares. Ameritas Ptnrs Incorporated invested in 0% or 4,201 shares. California State Teachers Retirement System owns 78,680 shares. Rhumbline Advisers invested in 47,073 shares or 0% of the stock. Bank & Trust Of Montreal Can invested in 63,113 shares. Eam Ltd reported 0.15% stake. Teacher Retirement Sys Of Texas owns 10,926 shares for 0% of their portfolio. Daruma Capital Mngmt Ltd Liability stated it has 2.62M shares or 3.33% of all its holdings. Moreover, Ubs Asset Management Americas has 0% invested in Hortonworks, Inc. (NASDAQ:HDP). Sumitomo Mitsui Asset Mgmt Limited reported 0.37% of its portfolio in Hortonworks, Inc. (NASDAQ:HDP). Ameriprise Inc holds 0% or 92,098 shares. Waddell And Reed Fincl accumulated 85,600 shares.

Stanley-Laman Group Ltd, which manages about $747.00M and $439.02M US Long portfolio, decreased its stake in Proofpoint Inc (NASDAQ:PFPT) by 6,586 shares to 64,875 shares, valued at $7.37M in 2018Q1, according to the filing. It also reduced its holding in Qualys Inc (NASDAQ:QLYS) by 11,282 shares in the quarter, leaving it with 137,267 shares, and cut its stake in Phillips 66 (NYSE:PSX).

Among 23 analysts covering Hortonworks (NASDAQ:HDP), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 61% are positive. Hortonworks had 80 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse maintained Hortonworks, Inc. (NASDAQ:HDP) on Wednesday, February 3 with “Outperform” rating. Needham maintained Hortonworks, Inc. (NASDAQ:HDP) on Thursday, February 11 with “Buy” rating. The company was downgraded on Friday, August 5 by Mizuho. The stock of Hortonworks, Inc. (NASDAQ:HDP) has “Neutral” rating given on Tuesday, December 15 by Guggenheim. The firm earned “Buy” rating on Monday, July 17 by Craig Hallum. The firm earned “Outperform” rating on Friday, August 5 by RBC Capital Markets. The rating was maintained by Cowen & Co with “Hold” on Thursday, February 8. The firm has “Hold” rating given on Friday, August 4 by Cowen & Co. As per Thursday, May 25, the company rating was downgraded by Mizuho. The rating was initiated by Goldman Sachs with “Buy” on Friday, December 11.

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 earned “Buy” rating on Tuesday, June 13 by Oppenheimer. On Wednesday, February 7 the stock rating was maintained by SunTrust with “Buy”. The rating was initiated by Suntrust Robinson with “Buy” on Thursday, September 10. The rating was initiated by SunTrust on Thursday, September 10 with “Buy”. William Blair upgraded the shares of CTSH in report on Wednesday, November 1 to “Outperform” rating. Citigroup maintained the shares of CTSH in report on Monday, October 3 with “Neutral” rating. The firm has “Buy” rating given on Monday, September 26 by Societe Generale. The firm has “Market Perform” rating given on Wednesday, November 23 by William Blair. The company was upgraded on Wednesday, November 1 by Needham. The rating was maintained by Robert W. Baird on Friday, September 8 with “Buy”.

More news for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) were recently published by: Seekingalpha.com, which released: “Cognizant Technology -3.8% on Q2 revenue miss, downside rev guide” on August 02, 2018. Bizjournals.com‘s article titled: “Global tech firm to expand Phoenix footprint with hundreds of new hires” and published on August 09, 2018 is yet another important article.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on November, 7. They expect $1.07 EPS, up 15.05% or $0.14 from last year’s $0.93 per share. CTSH’s profit will be $620.86M for 17.82 P/E if the $1.07 EPS becomes a reality. After $1.10 actual EPS 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 Q1 2018. 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. Keybank Natl Association Oh invested 0.02% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Franklin Resources Inc invested in 10.89 million shares or 0.44% of the stock. Muhlenkamp & stated it has 94,534 shares or 2.76% of all its holdings. Pzena Mgmt Llc reported 6.69 million shares stake. Moreover, Jaffetilchin Investment Prtnrs Ltd has 0.17% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 9,450 shares. Brown Advisory Securities Ltd Liability Company stated it has 0.19% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Halsey Ct has 277,997 shares for 3.94% of their portfolio. 92,755 were reported by Cibc World Markets. Macquarie Grp holds 63,458 shares. Moreover, Credit Suisse Ag has 0.08% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Old Mutual Customised Solutions (Proprietary) stated it has 34,885 shares. Ifrah Financial Serv invested in 5,745 shares or 0.17% of the stock. 26,406 were reported by Stephens Inc Ar. Jump Trading Ltd Liability Co holds 3,391 shares or 0.03% of its portfolio. Auxier Asset Management reported 0.62% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH).

Vision Capital Management Inc, which manages about $1.03 billion and $339.02 million US Long portfolio, upped its stake in Vanguard Ftse Developed Market (VEA) by 77,889 shares to 959,299 shares, valued at $42.45 million in 2018Q1, according to the filing. It also increased its holding in Lockheed Martin Corp Com (NYSE:LMT) by 1,166 shares in the quarter, for a total of 15,990 shares, and has risen its stake in Nextera Energy Inc Com (NYSE:NEE).

Since February 14, 2018, it had 1 buy, and 40 insider sales for $12.27 million activity. Breakiron-Evans Maureen also sold $1.66M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, March 6. $375,571 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Lennox James Patrick. Middleton Sean had sold 232 shares worth $18,908. Frank Malcolm had sold 3,146 shares worth $251,624 on Tuesday, July 3. 1,597 shares were sold by GOMATAM SUMITHRA, worth $123,003 on Monday, June 4. The insider fox John nelson JR sold $467,313.

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

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