Tesla Mtrs (TSLA) Shareholder Essex Financial Services Raised Stake by $758,725; Cognizant Tech Sol Cl A (CTSH) Share Price Rose While Dillon & Associates Has Upped Its Stake

February 24, 2018 - By Adrian Mccoy

Dillon & Associates Inc increased its stake in Cognizant Tech Sol Cl A (CTSH) by 11.37% based on its latest 2017Q3 regulatory filing with the SEC. Dillon & Associates Inc bought 4,477 shares as the company’s stock rose 12.87% with the market. The institutional investor held 43,854 shares of the edp services company at the end of 2017Q3, valued at $3.20 million, up from 39,377 at the end of the previous reported quarter. Dillon & Associates Inc who had been investing in Cognizant Tech Sol Cl A for a number of months, seems to be bullish on the $48.66B market cap company. The stock increased 1.13% or $0.92 during the last trading session, reaching $82.53. About 3.54M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since February 24, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.

Essex Financial Services Inc increased its stake in Tesla Mtrs Inc (TSLA) by 191.98% based on its latest 2017Q3 regulatory filing with the SEC. Essex Financial Services Inc bought 2,225 shares as the company’s stock rose 14.18% with the market. The institutional investor held 3,384 shares of the capital goods company at the end of 2017Q3, valued at $1.15M, up from 1,159 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Tesla Mtrs Inc for a number of months, seems to be bullish on the $59.45B market cap company. The stock increased 1.70% or $5.88 during the last trading session, reaching $352.05. About 5.82M shares traded or 1.89% up from the average. Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since February 24, 2017 and is uptrending. It has outperformed by 27.73% 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. Morgan Stanley downgraded the shares of CTSH in report on Tuesday, January 31 to “Equal-Weight” rating. KeyBanc Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Wednesday, September 6 with “Buy” rating. Nomura maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Thursday, February 8 with “Neutral” rating. The rating was upgraded by Berenberg on Tuesday, August 8 to “Buy”. The firm has “Buy” rating given on Thursday, January 18 by Citigroup. Robert W. Baird maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Friday, September 8. Robert W. Baird has “Buy” rating and $80.0 target. On Thursday, September 15 the stock rating was downgraded by Goldman Sachs to “Neutral”. The rating was maintained by Cowen & Co on Wednesday, September 6 with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Thursday, February 22 by Argus Research. The firm has “Buy” rating by RBC Capital Markets given on Friday, October 6.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It improved, 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. Belgium-based Kbc Gru Inc Nv has invested 0.07% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Pennsylvania-based Susquehanna Interest Group Inc Llp has invested 0% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Proshare Ltd reported 260,993 shares. Tower Rech Ltd Liability Company (Trc) has invested 0.02% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Cleararc Capital Inc holds 0.17% or 15,168 shares in its portfolio. Tower Bridge Advisors holds 1.47% or 177,962 shares. Ballentine Partners invested 0.03% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Liberty Capital Mgmt Incorporated holds 1.42% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 34,588 shares. Moreover, Bb&T Lc has 0.02% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). First Merchants, Indiana-based fund reported 12,100 shares. Integral Derivatives Limited Liability Company holds 14,891 shares. Janney Montgomery Scott Ltd reported 26,636 shares or 0.02% of all its holdings. Financial Bank Of Nova Scotia has 111,071 shares. Qs Investors Limited Company holds 0.01% or 16,253 shares. Moreover, Westfield Mngmt Co Lp has 0.55% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 988,652 shares.

Since August 28, 2017, it had 0 buys, and 42 sales for $62.57 million activity. 1,278 shares valued at $91,198 were sold by Middleton Sean on Thursday, December 7. RAMAKRISHNAN CHANDRASEKARAN sold $1.93M worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Thursday, January 18. GOMATAM SUMITHRA had sold 8,000 shares worth $576,012 on Monday, September 25. Mehta Rajeev sold $2.27M worth of stock or 32,000 shares. Shares for $478,981 were sold by fox John nelson JR. 3,318 Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares with value of $270,417 were sold by KRISHNASWAMY VENKAT.

Among 35 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 12 Hold. Therefore 37% are positive. Tesla Motors Inc had 127 analyst reports since July 21, 2015 according to SRatingsIntel. Dougherty & Company reinitiated the shares of TSLA in report on Monday, May 9 with “Buy” rating. The firm has “Buy” rating given on Wednesday, October 4 by Guggenheim. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Buy” rating given on Thursday, January 4 by Robert W. Baird. Robert W. Baird maintained Tesla, Inc. (NASDAQ:TSLA) rating on Tuesday, June 20. Robert W. Baird has “Buy” rating and $36800 target. S&P Research maintained it with “Sell” rating and $225 target in Friday, August 14 report. The firm has “Hold” rating by Morgan Stanley given on Tuesday, December 5. On Monday, April 25 the stock rating was maintained by Goldman Sachs with “Neutral”. On Monday, January 22 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Equal-Weight” rating on Monday, May 15 by Morgan Stanley. As per Tuesday, April 5, the company rating was maintained by Credit Suisse.

Essex Financial Services Inc, which manages about $2.52B and $407.29M US Long portfolio, decreased its stake in Spdr S&P 500 (SPY) by 19,103 shares to 5,170 shares, valued at $1.30 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard Whitehall Fds (VYM) by 30,411 shares in the quarter, leaving it with 3,589 shares, and cut its stake in Ishares Tr Core S&Psmall (IJR).

Since September 1, 2017, it had 0 buys, and 9 insider sales for $4.84 million activity. Musk Kimbal also sold $777,887 worth of Tesla, Inc. (NASDAQ:TSLA) shares. $330,056 worth of stock was sold by FIELD JOHN DOUGLAS on Thursday, February 15.

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