First Mercantile Trust Co Has Increased By $369,765 Its Macom Technology Solutions H (MTSI) Holding; Wedgewood Partners Trimmed Cognizant Technology Solutions (CTSH) Position

December 11, 2017 - By Kurt Siggers

First Mercantile Trust Co increased Macom Technology Solutions H (MTSI) stake by 283.43% reported in 2017Q2 SEC filing. First Mercantile Trust Co acquired 6,723 shares as Macom Technology Solutions H (MTSI)’s stock rose 15.15%. The First Mercantile Trust Co holds 9,095 shares with $508,000 value, up from 2,372 last quarter. Macom Technology Solutions H now has $2.07 billion valuation. The stock decreased 1.62% or $0.53 during the last trading session, reaching $32.26. About 1.09 million shares traded or 12.73% up from the average. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has risen 62.84% since December 11, 2016 and is uptrending. It has outperformed by 46.14% the S&P500.

Wedgewood Partners Inc decreased Cognizant Technology Solutions (CTSH) stake by 27.19% reported in 2017Q2 SEC filing. Wedgewood Partners Inc sold 630,915 shares as Cognizant Technology Solutions (CTSH)’s stock rose 12.87%. The Wedgewood Partners Inc holds 1.69 million shares with $112.17 million value, down from 2.32M last quarter. Cognizant Technology Solutions now has $42.35B valuation. The stock increased 0.29% or $0.21 during the last trading session, reaching $71.82. About 3.33M shares traded or 4.59% up from the average. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since December 11, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

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 KeyBanc Capital Markets on Wednesday, September 6. Argus Research maintained the shares of CTSH in report on Tuesday, August 11 with “Buy” rating. Loop Capital initiated the shares of CTSH in report on Tuesday, January 10 with “Hold” rating. The rating was downgraded by William Blair to “Market Perform” on Wednesday, November 23. RBC Capital Markets maintained it with “Buy” rating and $77.0 target in Thursday, November 9 report. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Neutral” rating by Goldman Sachs on Thursday, September 15. Wedbush upgraded it to “Outperform” rating and $70 target in Friday, January 6 report. As per Friday, September 30, the company rating was initiated by HSBC. On Thursday, August 3 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Underperform” rating given on Wednesday, September 14 by CLSA.

Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.27, from 0.76 in 2017Q1. It increased, 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. National Bank & Trust Of Montreal Can has 0.02% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 267,209 shares. Principal Financial Gp accumulated 873,210 shares. Rosenbaum Jay D holds 2.47% or 18,775 shares. 4,736 are held by Two Sigma Ltd Llc. Dalton Invests Ltd Liability Corp accumulated 320,422 shares. Capstone Asset Mgmt has invested 0.09% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). State Of Wisconsin Invest Board holds 0.19% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 868,843 shares. Md Sass Invsts Svcs owns 3.25% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 747,623 shares. Putnam Invs Limited Liability Company reported 11,524 shares. 112,649 were accumulated by Hendershot Invs Incorporated. Edgewood Mngmt Lc has 15.47 million shares for 5.04% of their portfolio. Barclays Public Ltd stated it has 1.85 million shares or 0.13% of all its holdings. Holderness invested 0.17% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Ny State Common Retirement Fund invested in 1.76 million shares. Chesley Taft Associates Ltd Liability Corp owns 97,307 shares or 0.58% of their US portfolio.

Analysts await Cognizant Technology Solutions Corporation (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 $518.88 million for 20.40 P/E if the $0.88 EPS becomes a reality. After $0.93 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.

First Mercantile Trust Co decreased Marathon Petroleum Corp (NYSE:MPC) stake by 6,211 shares to 20,487 valued at $1.07 million in 2017Q2. It also reduced Alphabet Inc Cl A stake by 2,048 shares and now owns 5,888 shares. Cit Group Inc (NYSE:CIT) was reduced too.

Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.04, from 1.12 in 2017Q1. It turned negative, as 23 investors sold MTSI shares while 61 reduced holdings. 34 funds opened positions while 60 raised stakes. 50.28 million shares or 12.36% more from 44.74 million shares in 2017Q1 were reported. Tiaa Cref Inv Mgmt Limited Liability, New York-based fund reported 112,659 shares. Peddock Capital Advsr Ltd Company has 0.09% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Morgan Stanley owns 45,722 shares for 0% of their portfolio. The New York-based Ny State Common Retirement Fund has invested 0.01% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Summit Creek Limited Liability Corp owns 215,678 shares. Avalon Advsrs Ltd Limited Liability Company has 0.05% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Voya Investment Mngmt Ltd Company owns 0% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 18,793 shares. University Of Notre Dame Du Lac holds 83,048 shares or 1.37% of its portfolio. Amalgamated Commercial Bank owns 5,262 shares. Wellington Ltd Liability Partnership owns 4.38M shares. Proshare Advsrs Llc invested in 3,584 shares or 0% of the stock. Lazard Asset Mngmt Limited Liability Corporation accumulated 0.06% or 548,884 shares. The Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0.02% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Northern Trust Corp holds 548,906 shares. Endurance Wealth Mgmt Inc reported 54 shares stake.

Among 10 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. M/A-Com Technology Solutions Holdings had 38 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Wednesday, October 18. On Friday, March 11 the stock rating was maintained by Barclays Capital with “Overweight”. On Monday, June 27 the stock rating was downgraded by Bank of America to “Neutral”. Goldman Sachs downgraded MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) on Tuesday, September 20 to “Neutral” rating. The rating was maintained by Needham on Monday, June 26 with “Buy”. The firm has “Buy” rating by Needham given on Friday, December 18. The firm earned “Buy” rating on Wednesday, August 2 by Jefferies. The company was downgraded on Wednesday, November 15 by Bank of America. The rating was downgraded by Stifel Nicolaus on Monday, October 16 to “Hold”. As per Tuesday, September 5, the company rating was maintained by Needham.

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 daily email newsletter.





Free Email Newsletter

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


Twitter Auto Publish Powered By : XYZScripts.com