As Cognizant Technology Solutio (CTSH) Stock Price Rose, Petrus Trust Company Lta Decreased by $468,000 Its Holding; Cadian Capital Management LP Decreased Pros Holdings (PRO) Position by $14.66 Million; Market Valuation Rose

February 23, 2018 - By Nellie Frank

Eric Bannasch decreased its stake in Pros Holdings Inc (PRO) by 43.61% based on its latest 2017Q3 regulatory filing with the SEC. Cadian Capital Management Lp sold 610,921 shares as the company’s stock rose 19.57% with the market. The hedge fund run by Eric Bannasch held 790,084 shares of the technology company at the end of 2017Q3, valued at $19.07 million, down from 1.40 million at the end of the previous reported quarter. Cadian Capital Management Lp who had been investing in Pros Holdings Inc for a number of months, seems to be less bullish one the $1.02 billion market cap company. The stock decreased 0.57% or $0.18 during the last trading session, reaching $31.48. About 155,531 shares traded. PROS Holdings, Inc. (NYSE:PRO) has risen 150.14% since February 23, 2017 and is uptrending. It has outperformed by 133.44% the S&P500.

Petrus Trust Company Lta decreased its stake in Cognizant Technology Solutio (CTSH) by 3.47% based on its latest 2017Q3 regulatory filing with the SEC. Petrus Trust Company Lta sold 6,500 shares as the company’s stock rose 12.87% with the market. The institutional investor held 180,700 shares of the edp services company at the end of 2017Q3, valued at $13.11 million, down from 187,200 at the end of the previous reported quarter. Petrus Trust Company Lta who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $48.12 billion market cap company. The stock decreased 0.23% or $0.19 during the last trading session, reaching $81.61. About 3.36 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since February 23, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.

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 90 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Thursday, December 17 by Sterne Agee CRT. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, October 19. The rating was maintained by Citigroup on Tuesday, October 31 with “Neutral”. The company was upgraded on Thursday, January 18 by Citigroup. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, February 7. The stock has “Outperform” rating by Bernstein on Thursday, November 2. The company was maintained on Thursday, August 3 by Oppenheimer. The rating was initiated by HSBC with “Buy” on Friday, September 30. The company was maintained on Thursday, February 8 by BMO Capital Markets. The stock has “Buy” rating by Suntrust Robinson on Thursday, September 10.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It increased, as 37 investors sold CTSH shares while 296 reduced holdings. 99 funds opened positions while 244 raised stakes. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. Paw Cap Corp invested in 1.52% or 20,000 shares. 27,332 were accumulated by Sigma Inv Counselors Inc. Brinker Cap stated it has 104,473 shares or 0.31% of all its holdings. Neuberger Berman Gru has invested 0.2% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Utd Fincl Advisers Lc invested in 188,657 shares. Horizon Investment Ltd stated it has 1.32% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). De Burlo reported 1.88% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Riggs Asset Managment accumulated 696 shares. Edgewood Mngmt Ltd Liability Corporation has invested 5.64% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Mason Street Advsr Lc has invested 0.15% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Regions Financial, Alabama-based fund reported 315,552 shares. Cortland Associate Mo holds 7.48% or 552,769 shares in its portfolio. State Street accumulated 0.14% or 22.61 million shares. Provident holds 12.82% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 3.98 million shares. First Republic Invest Mngmt reported 809,739 shares.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 4. They expect $0.99 EPS, up 25.32% or $0.20 from last year’s $0.79 per share. CTSH’s profit will be $583.75M for 20.61 P/E if the $0.99 EPS becomes a reality. After $0.96 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 3.13% EPS growth.

Since August 28, 2017, it had 0 insider buys, and 43 sales for $64.32 million activity. Kandiah Gajakarnan Vibushanan also sold $216,543 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares. $3.23M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by Mehta Rajeev. Shares for $270,417 were sold by KRISHNASWAMY VENKAT on Friday, February 16. 19,500 shares were sold by fox John nelson JR, worth $1.40 million on Tuesday, December 12. Shares for $182,500 were sold by Veeraraghavachary Srinivasan on Tuesday, September 12. Another trade for 479 shares valued at $34,205 was sold by Middleton Sean.

Petrus Trust Company Lta, which manages about $422.10M US Long portfolio, upped its stake in Apogee Enterprises Inc (NASDAQ:APOG) by 8,691 shares to 12,353 shares, valued at $596,000 in 2017Q3, according to the filing. It also increased its holding in First Data Corp New by 81,693 shares in the quarter, for a total of 237,715 shares, and has risen its stake in Altaba Inc.

Since August 24, 2017, it had 0 buys, and 2 insider sales for $829,131 activity. Woestemeyer Mariette M had sold 50,000 shares worth $1.28M. 20,000 PROS Holdings, Inc. (NYSE:PRO) shares with value of $615,600 were sold by Reiner Andres.

Analysts await PROS Holdings, Inc. (NYSE:PRO) to report earnings on May, 1. They expect $-0.34 earnings per share, 0.00% or $0.00 from last year’s $-0.34 per share. After $-0.29 actual earnings per share reported by PROS Holdings, Inc. for the previous quarter, Wall Street now forecasts 17.24% negative EPS growth.

Among 8 analysts covering Pros Holdings (NYSE:PRO), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Pros Holdings had 17 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, January 18 by Stifel Nicolaus. The stock of PROS Holdings, Inc. (NYSE:PRO) earned “Buy” rating by Needham on Monday, December 11. Northland Capital maintained it with “Hold” rating and $28.0 target in Friday, October 27 report. Stifel Nicolaus maintained PROS Holdings, Inc. (NYSE:PRO) rating on Friday, August 4. Stifel Nicolaus has “Hold” rating and $3000 target. The stock of PROS Holdings, Inc. (NYSE:PRO) has “Overweight” rating given on Friday, November 11 by JP Morgan. JMP Securities downgraded PROS Holdings, Inc. (NYSE:PRO) on Friday, August 7 to “Mkt Outperform” rating. The stock of PROS Holdings, Inc. (NYSE:PRO) earned “Buy” rating by Needham on Tuesday, September 12. The stock of PROS Holdings, Inc. (NYSE:PRO) earned “Buy” rating by Needham on Monday, October 23. The firm has “Market Perform” rating given on Friday, August 7 by Northland Capital. The company was downgraded on Friday, January 15 by Stifel Nicolaus.

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.05, from 1.46 in 2017Q2. It is positive, as 9 investors sold PRO shares while 28 reduced holdings. 13 funds opened positions while 43 raised stakes. 29.71 million shares or 2.19% more from 29.08 million shares in 2017Q2 were reported. Daruma owns 2.57% invested in PROS Holdings, Inc. (NYSE:PRO) for 1.71M shares. Moreover, State Street has 0% invested in PROS Holdings, Inc. (NYSE:PRO) for 519,934 shares. Legal & General Group Incorporated Public Ltd Co owns 6,857 shares or 0% of their US portfolio. Interest Grp Inc Inc has 0% invested in PROS Holdings, Inc. (NYSE:PRO) for 17,615 shares. Nationwide Fund Advisors owns 195,169 shares or 0.02% of their US portfolio. Us Savings Bank De accumulated 45,937 shares or 0% of the stock. Citigroup accumulated 5,425 shares. Df Dent Co has invested 1.69% of its portfolio in PROS Holdings, Inc. (NYSE:PRO). Wealthtrust holds 658 shares. Fifth Third Savings Bank reported 2,432 shares. Glenmede Tru Com Na stated it has 1,625 shares or 0% of all its holdings. Jpmorgan Chase has 0% invested in PROS Holdings, Inc. (NYSE:PRO). Moreover, Swiss Bancorp has 0% invested in PROS Holdings, Inc. (NYSE:PRO). Ny State Common Retirement Fund stated it has 867,246 shares. Blackrock accumulated 1.69M shares.

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