Martin Currie LTD Cut By $1.67 Million Its Cognizant Technology Solutio (CTSH) Holding; Clifford Swan Investment Counsel Has Increased Its Phillips 66 (PSX) Position

April 23, 2018 - By Ellis Scott

Phillips 66 (NYSE:PSX) Logo

Clifford Swan Investment Counsel Llc increased Phillips 66 (PSX) stake by 57.61% reported in 2017Q4 SEC filing. Clifford Swan Investment Counsel Llc acquired 8,335 shares as Phillips 66 (PSX)’s stock declined 5.13%. The Clifford Swan Investment Counsel Llc holds 22,803 shares with $2.31 million value, up from 14,468 last quarter. Phillips 66 now has $51.97B valuation. The stock increased 0.41% or $0.46 during the last trading session, reaching $111.45. About 1.96 million shares traded. Phillips 66 (NYSE:PSX) has risen 23.90% since April 23, 2017 and is uptrending. It has outperformed by 12.35% the S&P500.

Martin Currie Ltd decreased Cognizant Technology Solutio (CTSH) stake by 7.33% reported in 2017Q4 SEC filing. Martin Currie Ltd sold 23,576 shares as Cognizant Technology Solutio (CTSH)’s stock rose 11.69%. The Martin Currie Ltd holds 298,024 shares with $21.17M value, down from 321,600 last quarter. Cognizant Technology Solutio now has $47.97B valuation. The stock decreased 0.24% or $0.2 during the last trading session, reaching $81.57. About 1.69 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since April 23, 2017 and is uptrending. It has outperformed by 24.85% 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 stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Overweight” rating by Barclays Capital on Thursday, February 8. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Neutral” rating by Goldman Sachs on Thursday, September 15. The firm earned “Buy” rating on Thursday, November 5 by Monness Crespi & Hardt. Robert W. Baird maintained the stock with “Buy” rating in Friday, January 12 report. The rating was maintained by Citigroup on Tuesday, October 31 with “Neutral”. As per Thursday, February 8, the company rating was maintained by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, August 3 with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Equal-Weight” rating given on Monday, February 5 by Morgan Stanley. As per Wednesday, September 14, the company rating was downgraded by CLSA. The company was maintained on Monday, October 30 by Barclays Capital.

Since December 7, 2017, it had 1 insider purchase, and 40 selling transactions for $51.92 million activity. Another trade for 32 shares valued at $2,351 was made by Middleton Sean on Tuesday, January 9. On Tuesday, March 13 the insider Shaheen Allen sold $64,798. Another trade for 2,625 shares valued at $199,500 was made by GOMATAM SUMITHRA on Wednesday, January 17. The insider McLoughlin Karen sold 1,791 shares worth $150,014. Breakiron-Evans Maureen sold 20,000 shares worth $1.62M. 3,318 shares were sold by KRISHNASWAMY VENKAT, worth $270,417. The insider Mehta Rajeev sold 8,559 shares worth $671,882.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.16, from 1.03 in 2017Q3. It increased, as 46 investors sold CTSH shares while 285 reduced holdings. 107 funds opened positions while 288 raised stakes. 491.94 million shares or 0.85% more from 487.81 million shares in 2017Q3 were reported. Martingale Asset Mgmt L P, a Massachusetts-based fund reported 219,446 shares. Old Mutual Invsts (Uk) Ltd owns 561,131 shares. Busey Trust Com owns 81,334 shares. Segall Bryant Hamill Limited Liability Corp owns 0.02% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 11,536 shares. J Goldman Lp reported 194,781 shares. Cadence Cap Management has invested 0.07% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Pictet Asset Mgmt owns 463,432 shares. Piedmont Advsrs Ltd Llc stated it has 125,771 shares or 0.18% of all its holdings. Bnp Paribas Arbitrage Sa has 261,878 shares. Moreover, Koch Industry Inc has 0.09% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 8,920 shares. Johnson Invest Counsel accumulated 215,388 shares. Muhlenkamp Inc reported 91,275 shares. Amalgamated Bank & Trust reported 77,378 shares. Next Grp Inc has invested 0.1% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Moreover, Boston Prtnrs has 0.18% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 2.21 million shares.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on May, 7 before the open. They expect $0.98 earnings per share, up 24.05% or $0.19 from last year’s $0.79 per share. CTSH’s profit will be $576.29 million for 20.81 P/E if the $0.98 EPS becomes a reality. After $0.96 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Martin Currie Ltd increased Hdfc Bank Ltd (NYSE:HDB) stake by 662,497 shares to 1.27 million valued at $128.97 million in 2017Q4. It also upped Starbucks Corp (NASDAQ:SBUX) stake by 20,402 shares and now owns 110,082 shares. Credicorp Ltd (NYSE:BAP) was raised too.

Since December 15, 2017, it had 0 insider buys, and 1 sale for $270,675 activity. $270,675 worth of Phillips 66 (NYSE:PSX) shares were sold by Oyolu Chukwuemeka A..

Clifford Swan Investment Counsel Llc decreased Boeing Co. (NYSE:BA) stake by 4,397 shares to 91,306 valued at $26.93 million in 2017Q4. It also reduced Lowe’s Companies (NYSE:LOW) stake by 8,306 shares and now owns 317,600 shares. Home Depot Inc. (NYSE:HD) was reduced too.

Among 19 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 9 Hold. Therefore 42% are positive. Phillips 66 had 76 analyst reports since August 4, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Wednesday, January 24 report. RBC Capital Markets maintained the shares of PSX in report on Monday, June 5 with “Hold” rating. The stock of Phillips 66 (NYSE:PSX) earned “Hold” rating by Citigroup on Wednesday, April 20. RBC Capital Markets maintained Phillips 66 (NYSE:PSX) on Wednesday, October 18 with “Hold” rating. The firm has “Buy” rating given on Wednesday, January 10 by Scotia Capital. Scotia Capital upgraded Phillips 66 (NYSE:PSX) on Thursday, September 28 to “Buy” rating. PiperJaffray maintained Phillips 66 (NYSE:PSX) on Thursday, May 25 with “Overweight” rating. As per Sunday, January 21, the company rating was maintained by Piper Jaffray. The company was maintained on Thursday, July 20 by RBC Capital Markets. The rating was downgraded by Barclays Capital on Wednesday, July 13 to “Equal-Weight”.

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

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