Stadion Money Management Continues to Hold Holding in Intl Paper Co (IP); New Mountain Vantage Advisers Position in Cognizant Technology Solutio (CTSH) Has Decreased by $7.38 Million

May 14, 2018 - By Linda Rogers

International Paper Company (NYSE:IP) Logo

Steven B. Klinsky decreased its stake in Cognizant Technology Solutio (CTSH) by 26.57% based on its latest 2017Q4 regulatory filing with the SEC. New Mountain Vantage Advisers Llc sold 104,003 shares as the company’s stock rose 11.69% while stock markets declined. The hedge fund run by Steven B. Klinsky held 287,391 shares of the edp services company at the end of 2017Q4, valued at $20.41 million, down from 391,394 at the end of the previous reported quarter. New Mountain Vantage Advisers Llc who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $44.62 billion market cap company. The stock decreased 0.56% or $0.43 during the last trading session, reaching $76.15. About 1.32M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 36.40% since May 14, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.




Stadion Money Management Llc increased its stake in Intl Paper Co (IP) by 29.43% based on its latest 2017Q4 regulatory filing with the SEC. Stadion Money Management Llc bought 7,137 shares as the company’s stock declined 10.09% with the market. The institutional investor held 31,384 shares of the paper company at the end of 2017Q4, valued at $1.82 million, up from 24,247 at the end of the previous reported quarter. Stadion Money Management Llc who had been investing in Intl Paper Co for a number of months, seems to be bullish on the $22.39 billion market cap company. The stock increased 0.78% or $0.42 during the last trading session, reaching $54.07. About 742,339 shares traded. International Paper Company (NYSE:IP) has risen 3.70% since May 14, 2017 and is uptrending. It has underperformed by 7.85% the S&P500.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.16, from 1.03 in 2017Q3. It improved, 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. Waddell & Reed Financial reported 764,906 shares. Highland Capital Management LP accumulated 0.35% or 108,500 shares. 1832 Asset Mgmt LP reported 1.61M shares. Advisory Inc stated it has 0% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Pennant Cap Management Limited Com accumulated 799,497 shares. Plancorp Limited Liability holds 0.08% or 3,334 shares in its portfolio. Harding Loevner Ltd Partnership stated it has 0.83% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Chesley Taft And Limited Liability has invested 0.59% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Moreover, Daiwa Secs Gp has 0.06% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Gemmer Asset Lc has invested 0.01% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Adams Diversified Equity Fund invested in 0.29% or 74,800 shares. The New York-based Hutchin Hill Cap LP has invested 0.3% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Dalton Invs Ltd Company accumulated 8.68% or 324,022 shares. The Tennessee-based Green Square Limited Liability Corporation has invested 0.13% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Scotia Inc owns 52,812 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 92 analyst reports since August 6, 2015 according to SRatingsIntel. SunTrust maintained the shares of CTSH in report on Wednesday, February 7 with “Buy” rating. Nomura maintained it with “Neutral” rating and $79 target in Thursday, February 8 report. The firm earned “Buy” rating on Friday, October 16 by Cantor Fitzgerald. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Thursday, February 8 by Cowen & Co. Citigroup maintained the stock with “Buy” rating in Wednesday, July 20 report. The firm earned “Buy” rating on Monday, October 10 by Jefferies. The stock has “Overweight” rating by Barclays Capital on Monday, October 30. Needham maintained it with “Buy” rating and $100.0 target in Wednesday, February 7 report. Bank of America maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Thursday, February 8. Bank of America has “Buy” rating and $89 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, November 2.

New Mountain Vantage Advisers Llc, which manages about $2.44B and $1.32B US Long portfolio, upped its stake in Liberty Global Plc (NASDAQ:LBTYA) by 570,479 shares to 1.04 million shares, valued at $37.32 million in 2017Q4, according to the filing. It also increased its holding in Liberty Interactive Corp by 207,105 shares in the quarter, for a total of 770,157 shares, and has risen its stake in Dxc Technology Co.

Another recent and important Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news was published by Nasdaq.com which published an article titled: “Investor Expectations to Drive Momentum within SUPERVALU INC, Dunkin’ Brands Group, Marsh & McLennan …” on May 11, 2018.

Since December 7, 2017, it had 1 insider buy, and 40 insider sales for $51.92 million activity. On Thursday, January 18 the insider RAMAKRISHNAN CHANDRASEKARAN sold $1.93M. Shares for $1.40M were sold by fox John nelson JR on Tuesday, December 12. KRISHNASWAMY VENKAT also sold $316,000 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares. CHATTERJEE DEBASHIS sold $136,354 worth of stock. McLoughlin Karen had sold 14,369 shares worth $1.03 million. 2,500 Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares with value of $210,244 were bought by VELLI JOSEPH M.

Among 17 analysts covering International Paper Company (NYSE:IP), 7 have Buy rating, 2 Sell and 8 Hold. Therefore 41% are positive. International Paper Company had 72 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 14 by DA Davidson. As per Monday, February 12, the company rating was maintained by Barclays Capital. The rating was maintained by BMO Capital Markets on Friday, June 9 with “Buy”. The firm earned “Buy” rating on Thursday, January 26 by Citigroup. On Wednesday, April 19 the stock rating was upgraded by RBC Capital Markets to “Outperform”. Bank of America downgraded International Paper Company (NYSE:IP) on Tuesday, September 15 to “Hold” rating. The rating was downgraded by Barclays Capital to “Underweight” on Monday, February 6. The company was maintained on Tuesday, March 27 by Wells Fargo. BMO Capital Markets maintained the stock with “Buy” rating in Monday, September 18 report. BMO Capital Markets maintained International Paper Company (NYSE:IP) on Thursday, October 19 with “Buy” rating.

Another recent and important International Paper Company (NYSE:IP) news was published by Seekingalpha.com which published an article titled: “International Paper (IP) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.22, from 0.95 in 2017Q3. It increased, as 40 investors sold IP shares while 232 reduced holdings. 86 funds opened positions while 232 raised stakes. 331.84 million shares or 0.61% less from 333.87 million shares in 2017Q3 were reported. Stock Yards Natl Bank And Communications holds 0.03% of its portfolio in International Paper Company (NYSE:IP) for 3,950 shares. Whittier Trust Company stated it has 8,783 shares. Utd Cap Advisers Ltd Company has invested 0.01% in International Paper Company (NYSE:IP). Tradewinds Capital Mngmt Ltd Co has 0.01% invested in International Paper Company (NYSE:IP) for 303 shares. Retirement Of Alabama holds 0.19% or 663,203 shares. Ibm Retirement Fund owns 10,373 shares. Moreover, Moneta Gp Inc Invest Ltd Limited Liability Company has 0% invested in International Paper Company (NYSE:IP). Putnam Ltd Liability Company accumulated 5,485 shares. The Kentucky-based Argi Services Limited Company has invested 0.07% in International Paper Company (NYSE:IP). Oppenheimer Asset Mngmt has 170,838 shares. Patten & Patten Incorporated Tn reported 0.03% of its portfolio in International Paper Company (NYSE:IP). Ls Investment Advisors Limited Company accumulated 0.07% or 19,534 shares. North Point Managers Oh accumulated 3,900 shares or 0.04% of the stock. 4.79M are held by Northern Trust Corp. Regentatlantic Cap Limited Liability Corporation reported 0.12% of its portfolio in International Paper Company (NYSE:IP).

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

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