Schwartz Investment Counsel Lowered By $17.76 Million Its Cognizant Technology Solutio (CTSH) Position; 3 Analysts Are Bullish Fusion Telecommunications International, Inc. (FSNN) Last Week

April 17, 2018 - By Clifton Ray

Fusion Telecommunications International, Inc. (NASDAQ:FSNN) Logo

Schwartz Investment Counsel Inc decreased Cognizant Technology Solutio (CTSH) stake by 0.04% reported in 2017Q4 SEC filing. Schwartz Investment Counsel Inc sold 250 shares as Cognizant Technology Solutio (CTSH)’s stock rose 11.69%. The Schwartz Investment Counsel Inc holds 611,000 shares with $43.39 billion value, down from 611,250 last quarter. Cognizant Technology Solutio now has $48.15B valuation. The stock increased 0.13% or $0.11 during the last trading session, reaching $81.88. About 1.66M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since April 17, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Among 3 analysts covering Fusion Telecommunications International (NASDAQ:FSNN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Fusion Telecommunications International had 6 analyst reports since January 4, 2017 according to SRatingsIntel. The rating was maintained by Craig Hallum on Wednesday, August 30 with “Buy”. The stock of Fusion Telecommunications International, Inc. (NASDAQ:FSNN) has “Buy” rating given on Thursday, January 11 by FBR Capital. The firm has “Buy” rating by FBR Capital given on Tuesday, November 14. The company was maintained on Tuesday, August 29 by B. Riley & Co. See Fusion Telecommunications International, Inc. (NASDAQ:FSNN) latest ratings:

11/01/2018 Broker: FBR Capital Rating: Buy New Target: $6.5 Maintain
14/11/2017 Broker: FBR Capital Rating: Buy New Target: $3.0 Maintain
07/11/2017 Broker: FBR Capital Rating: Buy New Target: $3.0

The stock decreased 0.60% or $0.0198 during the last trading session, reaching $3.2902. About 21,871 shares traded. Fusion Telecommunications International, Inc. (NASDAQ:FSNN) has risen 80.12% since April 17, 2017 and is uptrending. It has outperformed by 68.57% the S&P500.

Fusion Telecommunications International, Inc., together with its subsidiaries, provides cloud communications, cloud connectivity, cloud infrastructure, cloud computing, and managed cloud solutions to small, medium, and large businesses worldwide. The company has market cap of $117.07 million. The firm operates in two divisions, Business Services and Carrier Services. It currently has negative earnings. The Business Services segment offers cloud voice and unified communications as a service, which enhance communication and collaboration on virtually various devices and places; cloud connectivity services that connect clients to the cloud with managed network solutions; and cloud computing and infrastructure as service solutions that are designed to provide enterprise clients with a platform on which additional cloud services can be layered, as well as SIP trunking solution, which allows a customer to retain and use its existing telephone system.

Since December 7, 2017, it had 1 buy, and 40 insider sales for $51.92 million activity. RAMAKRISHNAN CHANDRASEKARAN sold $1.90 million worth of stock or 25,000 shares. The insider McLoughlin Karen sold $150,014. 4,000 Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares with value of $316,000 were sold by KRISHNASWAMY VENKAT. 2,847 shares valued at $233,849 were sold by Friedrich Matthew W. on Monday, March 5. The insider CHATTERJEE DEBASHIS sold 1,650 shares worth $136,950. $1.43M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Mehta Rajeev. Breakiron-Evans Maureen sold $1.62 million worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Friday, February 16.

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 $576.29M for 20.89 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.

Schwartz Investment Counsel Inc increased Medtronic Plc (NYSE:MDT) stake by 4,857 shares to 538,764 valued at $43.51 billion in 2017Q4. It also upped Priceline Grp Inc (NASDAQ:PCLN) stake by 4,100 shares and now owns 10,400 shares. Brookfield Asset Mgmt Inc (NYSE:BAM) was raised too.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.16, from 1.03 in 2017Q3. It is positive, 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. Forbes J M And Llp holds 4,184 shares or 0.07% of its portfolio. Comerica Retail Bank stated it has 224,250 shares. Seaward Management Lp stated it has 0.48% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Old Mutual Customised Solutions (Proprietary) holds 0.24% or 32,885 shares in its portfolio. Employees Retirement Systems Of Texas holds 0.03% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 31,000 shares. Caisse De Depot Et Placement Du Quebec owns 310,605 shares. Bb&T Secs Ltd Liability Corporation invested in 61,225 shares. Vigilant Llc accumulated 467 shares. Eulav Asset Mngmt stated it has 36,000 shares. Paloma Prtnrs Mngmt has 17,182 shares for 0.02% of their portfolio. Martin Currie holds 1.49% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 298,024 shares. Guinness Atkinson Asset Management reported 107,780 shares. Fjarde Ap holds 0.18% or 169,347 shares. 24,033 were reported by Thrivent For Lutherans. Aurora Inv Counsel holds 0.62% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 17,635 shares.

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 rating was maintained by Cowen & Co with “Buy” on Wednesday, September 6. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Underperform” rating by CLSA on Wednesday, September 14. The rating was upgraded by William Blair to “Outperform” on Wednesday, November 1. The firm earned “Equal-Weight” rating on Monday, February 5 by Morgan Stanley. Citigroup maintained the stock with “Neutral” rating in Tuesday, October 31 report. The firm earned “Buy” rating on Wednesday, July 20 by Citigroup. Robert W. Baird maintained the shares of CTSH in report on Friday, January 12 with “Buy” rating. As per Tuesday, February 9, the company rating was maintained by Needham. The rating was maintained by Robert W. Baird on Thursday, October 19 with “Outperform”. The firm has “Outperform” rating given on Thursday, November 2 by BMO Capital Markets.

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

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