Sirios Capital Management LP Has Decreased Its Cognizant Technology Solutio (CTSH) Holding; Profile of 1 Analysts Covering CBIZ, Inc. (CBZ)

November 15, 2017 - By Vivian Currie

Sirios Capital Management LP decreased Cognizant Technology Solutio (CTSH) stake by 12.53% reported in 2017Q2 SEC filing. Sirios Capital Management LP sold 150,355 shares as Cognizant Technology Solutio (CTSH)’s stock rose 12.87%. The Sirios Capital Management LP holds 1.05 million shares with $69.68 million value, down from 1.20M last quarter. Cognizant Technology Solutio now has $44.21 billion valuation. The stock declined 0.19% or $0.14 reaching $74.83 per share. About 14,986 shares traded. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since November 15, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

Among 2 analysts covering CBIZ (NYSE:CBZ), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CBIZ had 6 analyst reports since October 7, 2015 according to SRatingsIntel. The firm has “Underweight” rating by First Analysis given on Thursday, October 29. First Analysis downgraded the stock to “Equal-Weight” rating in Wednesday, October 7 report. The stock has “Neutral” rating by Sidoti on Tuesday, October 13. The firm has “Buy” rating by Sidoti given on Thursday, January 21. Sidoti initiated the stock with “Buy” rating in Tuesday, July 19 report. The stock of CBIZ, Inc. (NYSE:CBZ) has “Equal-Weight” rating given on Tuesday, March 15 by First Analysis. See CBIZ, Inc. (NYSE:CBZ) latest ratings:

Analysts await Cognizant Technology Solutions Corp (NASDAQ:CTSH) to report earnings on February, 14. They expect $0.88 earnings per share, up 15.79% or $0.12 from last year’s $0.76 per share. CTSH’s profit will be $519.91M for 21.26 P/E if the $0.88 EPS becomes a reality. After $0.93 actual earnings per share reported by Cognizant Technology Solutions Corp for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.

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. Ballentine Ptnrs Ltd Liability reported 6,653 shares. Savings Bank reported 15,540 shares. Schwerin Boyle Capital holds 1.45% or 186,000 shares. First Mercantile Trust Communication holds 0.07% or 5,950 shares in its portfolio. Diamond Hill Cap Mngmt invested 0.44% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Congress Asset Management Ma has invested 0.1% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Geneva Advsr Ltd Liability Corporation holds 175,231 shares or 0.2% of its portfolio. Norris Perne And French Ltd Liability Partnership Mi owns 0.09% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 7,760 shares. Bradley Foster And Sargent Ct has invested 0.12% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). 231,698 are held by Oak Ltd Oh. Citadel Advsr Ltd Com has 0.08% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Blair William & Company Il has invested 0.02% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). Lombard Odier Asset Mgmt (Switzerland) reported 3,650 shares stake. Credit Suisse Ag accumulated 3.88M shares. Asset Mngmt Incorporated owns 58,064 shares or 0.13% of their US portfolio.

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 stock has “Buy” rating by Suntrust Robinson on Thursday, September 10. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, August 3 report. The rating was maintained by BMO Capital Markets on Thursday, November 2 with “Outperform”. The firm has “Buy” rating given on Thursday, November 5 by Monness Crespi & Hardt. The company was downgraded on Thursday, June 8 by HSBC. The firm has “Hold” rating given on Friday, September 30 by Argus Research. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, February 9. RBC Capital Markets maintained it with “Buy” rating and $77.0 target in Thursday, November 9 report. The company was maintained on Monday, October 3 by Citigroup. As per Friday, September 8, the company rating was maintained by Robert W. Baird.

Since May 16, 2017, it had 0 buys, and 8 sales for $2.26 million activity. $199,485 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by Veeraraghavachary Srinivasan on Tuesday, May 16. Another trade for 1,524 shares valued at $99,060 was made by CHATTERJEE DEBASHIS on Tuesday, May 16. Kandiah Gajakarnan Vibushanan had sold 1,500 shares worth $99,000. $280,693 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by KRISHNASWAMY VENKAT on Thursday, May 25. 5,400 shares were sold by CHINTAMANENI RAMAKRISHNA PRASAD, worth $361,800. 4,186 shares were sold by Shaheen Allen, worth $282,815. SINHA DHARMENDRA KUMAR had sold 9,253 shares worth $601,445 on Tuesday, May 16.

Sirios Capital Management LP increased Berkshire Hathaway Inc Del (BRKB) stake by 40,892 shares to 54,319 valued at $9.20M in 2017Q2. It also upped Bank Of The Ozarks Inc (NASDAQ:OZRK) stake by 86,403 shares and now owns 544,148 shares. Universal Hlth Svcs Inc (NYSE:UHS) was raised too.

Since May 17, 2017, it had 0 insider buys, and 3 insider sales for $759,221 activity. $120,040 worth of CBIZ, Inc. (NYSE:CBZ) was sold by GLEESPEN MICHAEL W. On Monday, June 12 GROVE WARE H sold $32,028 worth of CBIZ, Inc. (NYSE:CBZ) or 2,073 shares. $152,240 worth of stock was sold by WEIR DONALD V on Wednesday, May 17.

CBIZ, Inc. is engaged in the professional services business. The company has market cap of $830.99 million. The Firm operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States. It has a 18.39 P/E ratio. The Company’s divisions include Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other.

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