Sun. Apr 14th, 2024

TLDR:

  • American Century Companies Inc. increased its position in Cognizant Technology Solutions Co. (NASDAQ:CTSH) by 39.7% during the 3rd quarter.
  • Several other institutional investors also bought and sold shares of the company.

American Century Companies Inc. boosted its position in Cognizant Technology Solutions Co. by 39.7% during the 3rd quarter, with the firm owning 819,805 shares of the IT service provider’s stock. Other institutional investors like BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Geode Capital Management LLC, and Boston Partners also increased their holdings in the company. Insider selling was reported, and a quarterly dividend increase was announced. Analyst ratings on CTSH have been varied, with a sector perform rating from Royal Bank of Canada and a buy rating from Citigroup. The company’s financial performance has been positive, with an increase in EPS and revenue.