Analysts See $0.60 EPS for CSG Systems International, Inc. (CSGS); Renaissance Technologies Increased Its Cenovus Energy (CVE) Stake

April 18, 2018 - By Henry Gaston

CSG Systems International, Inc. (NASDAQ:CSGS) Logo

Analysts expect CSG Systems International, Inc. (NASDAQ:CSGS) to report $0.60 EPS on May, 2 after the close.They anticipate $0.09 EPS change or 17.65% from last quarter’s $0.51 EPS. CSGS’s profit would be $20.20 million giving it 19.20 P/E if the $0.60 EPS is correct. After having $0.55 EPS previously, CSG Systems International, Inc.’s analysts see 9.09% EPS growth. The stock decreased 0.28% or $0.13 during the last trading session, reaching $46.09. About 4,843 shares traded. CSG Systems International, Inc. (NASDAQ:CSGS) has risen 21.15% since April 18, 2017 and is uptrending. It has outperformed by 9.60% the S&P500.

Renaissance Technologies Llc increased Cenovus Energy Inc (CVE) stake by 30.25% reported in 2017Q4 SEC filing. Renaissance Technologies Llc acquired 574,500 shares as Cenovus Energy Inc (CVE)’s stock declined 6.72%. The Renaissance Technologies Llc holds 2.47M shares with $22.61M value, up from 1.90M last quarter. Cenovus Energy Inc now has $11.91B valuation. The stock increased 3.22% or $0.315 during the last trading session, reaching $10.085. About 325,612 shares traded. Cenovus Energy Inc. (NYSE:CVE) has declined 35.61% since April 18, 2017 and is downtrending. It has underperformed by 47.16% the S&P500.

Since December 14, 2017, it had 0 buys, and 7 sales for $3.16 million activity. WIESE RANDY sold 11,965 shares worth $560,680. Kennedy Kenneth M sold $171,389 worth of stock or 3,612 shares. $236,400 worth of CSG Systems International, Inc. (NASDAQ:CSGS) shares were sold by REED DONALD. Shares for $392,665 were sold by SMITH DONALD V on Thursday, December 14. Griess Bret C sold $968,400 worth of stock or 20,000 shares. Johns Rolland B sold $192,245 worth of CSG Systems International, Inc. (NASDAQ:CSGS) on Tuesday, February 27.

CSG Systems International, Inc. provides business support solutions primarily to the communications industry. The company has market cap of $1.55 billion. The Company’s suite of solutions comprises Advanced Convergent Platform, a billing and customer care platform for cable and satellite providers; Total Service Mediation framework that supports offline and real-time mediation requirements; Singleview solution to deliver real-time charging services; and Wholesale Business Management Solution (WBMS), a settlements system, which handles voice, data, and content services. It has a 24.65 P/E ratio. The companyÂ’s solutions also include customer interaction management solutions that process interactive voice, SMS/text, print, e-mail, Web, and fax messages on behalf of clients; and managed services.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.25, from 0.99 in 2017Q3. It is positive, as 13 investors sold CSG Systems International, Inc. shares while 57 reduced holdings. 28 funds opened positions while 59 raised stakes. 29.63 million shares or 0.35% less from 29.73 million shares in 2017Q3 were reported. Prudential Inc holds 98,603 shares or 0.01% of its portfolio. Moreover, Citadel Advsrs Ltd Liability Company has 0% invested in CSG Systems International, Inc. (NASDAQ:CSGS) for 164,147 shares. Sg Americas Securities Llc, New York-based fund reported 14,504 shares. Dreman Value Mngmt L L C owns 7,763 shares for 0.19% of their portfolio. 187,269 are held by Morgan Stanley. Bnp Paribas Arbitrage Sa reported 16,421 shares. D E Shaw & Co reported 0.01% stake. State Street has invested 0% in CSG Systems International, Inc. (NASDAQ:CSGS). Schroder Investment Mngmt Grp Incorporated reported 685,925 shares. Ahl Ptnrs Limited Liability Partnership holds 171,709 shares. Lsv Asset Mgmt owns 1.56 million shares for 0.11% of their portfolio. 45,273 are owned by Great West Life Assurance Can. Thrivent Financial For Lutherans holds 0% of its portfolio in CSG Systems International, Inc. (NASDAQ:CSGS) for 20,861 shares. Chatham Capital Group Inc Incorporated owns 40,970 shares for 0.49% of their portfolio. Koch Inc accumulated 5,097 shares or 0.03% of the stock.

Among 2 analysts covering CSG Systems (NASDAQ:CSGS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CSG Systems had 7 analyst reports since November 5, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $4700 target in Monday, July 10 report. On Wednesday, August 16 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, February 27. The stock of CSG Systems International, Inc. (NASDAQ:CSGS) earned “Buy” rating by Stifel Nicolaus on Thursday, March 17. Stifel Nicolaus maintained it with “Buy” rating and $43 target in Thursday, November 5 report. On Thursday, September 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Equal-Weight” rating by First Analysis on Thursday, November 5.

Renaissance Technologies Llc decreased Select Sector Spdr Tr (XLF) stake by 183,500 shares to 71,400 valued at $1.99M in 2017Q4. It also reduced Bankunited Inc (NYSE:BKU) stake by 289,400 shares and now owns 83,400 shares. Digital Rlty Tr Inc (NYSE:DLR) was reduced too.

Among 16 analysts covering Cenovus Energy Inc (NYSE:CVE), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Cenovus Energy Inc had 28 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, April 28, the company rating was maintained by RBC Capital Markets. The company was initiated on Friday, August 19 by Bank of America. The firm has “Buy” rating given on Wednesday, June 21 by Canaccord Genuity. The firm has “Neutral” rating given on Tuesday, December 1 by Goldman Sachs. The rating was upgraded by Macquarie Research on Thursday, March 30 to “Neutral”. The firm earned “Underweight” rating on Monday, October 12 by Barclays Capital. Morgan Stanley maintained Cenovus Energy Inc. (NYSE:CVE) rating on Monday, April 16. Morgan Stanley has “Equal-Weight” rating and $13 target. The stock of Cenovus Energy Inc. (NYSE:CVE) has “Hold” rating given on Wednesday, July 19 by Morgan Stanley. The firm earned “Buy” rating on Tuesday, January 26 by Goldman Sachs. On Monday, January 23 the stock rating was downgraded by Goldman Sachs to “Sell”.

CSG Systems International, Inc. (NASDAQ:CSGS) Institutional Positions Chart

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