Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in Cognizant Technology Solutions Corporation $CTSH

Universal Beteiligungs und Servicegesellschaft mbH raised its position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 11.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 466,769 shares of the information technology service provider’s stock after buying an additional 46,325 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.10% of Cognizant Technology Solutions worth $36,422,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC purchased a new position in Cognizant Technology Solutions during the fourth quarter worth approximately $214,000. OneAscent Financial Services LLC raised its stake in shares of Cognizant Technology Solutions by 116.6% during the 1st quarter. OneAscent Financial Services LLC now owns 6,868 shares of the information technology service provider’s stock worth $526,000 after buying an additional 3,697 shares during the period. IFP Advisors Inc lifted its position in shares of Cognizant Technology Solutions by 142.8% during the 1st quarter. IFP Advisors Inc now owns 9,338 shares of the information technology service provider’s stock valued at $718,000 after buying an additional 5,492 shares in the last quarter. Lindbrook Capital LLC grew its stake in Cognizant Technology Solutions by 162.6% in the 1st quarter. Lindbrook Capital LLC now owns 4,747 shares of the information technology service provider’s stock valued at $363,000 after acquiring an additional 2,939 shares during the period. Finally, HighPoint Advisor Group LLC raised its position in Cognizant Technology Solutions by 11.7% during the first quarter. HighPoint Advisor Group LLC now owns 4,155 shares of the information technology service provider’s stock worth $305,000 after acquiring an additional 434 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO John Sunshin Kim sold 2,500 shares of Cognizant Technology Solutions stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $75.18, for a total transaction of $187,950.00. Following the sale, the chief accounting officer owned 36,630 shares of the company’s stock, valued at approximately $2,753,843.40. The trade was a 6.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is owned by corporate insiders.

Cognizant Technology Solutions Stock Performance

NASDAQ CTSH opened at $71.17 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.41 and a current ratio of 2.36. The stock’s fifty day moving average is $69.29 and its two-hundred day moving average is $73.82. The firm has a market capitalization of $34.35 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 1.47 and a beta of 0.98. Cognizant Technology Solutions Corporation has a fifty-two week low of $65.15 and a fifty-two week high of $90.82.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its quarterly earnings results on Wednesday, October 29th. The information technology service provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.30 by $0.09. Cognizant Technology Solutions had a return on equity of 17.00% and a net margin of 10.20%.The business had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the previous year, the firm earned $1.25 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2025 guidance at 5.220-5.260 EPS. Q4 2025 guidance at EPS. On average, research analysts anticipate that Cognizant Technology Solutions Corporation will post 4.98 earnings per share for the current year.

Cognizant Technology Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Tuesday, November 18th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.7%. Cognizant Technology Solutions’s dividend payout ratio is 28.77%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Mizuho set a $85.00 target price on shares of Cognizant Technology Solutions in a research note on Thursday, October 30th. Wells Fargo & Company increased their target price on Cognizant Technology Solutions from $82.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Cognizant Technology Solutions in a research report on Thursday, October 30th. Guggenheim reissued a “buy” rating and issued a $85.00 price objective (down from $90.00) on shares of Cognizant Technology Solutions in a research note on Tuesday, October 21st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $84.00 target price on shares of Cognizant Technology Solutions in a research note on Wednesday, October 29th. Six analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Cognizant Technology Solutions presently has an average rating of “Hold” and an average target price of $85.19.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.