Universal Beteiligungs und Servicegesellschaft mbH Has $44.32 Million Holdings in Cognizant Technology Solutions Corporation $CTSH

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 4.8% during the 4th quarter, HoldingsChannel reports. The fund owned 532,032 shares of the information technology service provider’s stock after acquiring an additional 24,228 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cognizant Technology Solutions were worth $44,324,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of CTSH. JPL Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions in the third quarter valued at about $25,000. Lodestone Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions in the fourth quarter valued at about $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of Cognizant Technology Solutions in the fourth quarter valued at about $28,000. High Note Wealth LLC grew its stake in shares of Cognizant Technology Solutions by 22,450.0% in the third quarter. High Note Wealth LLC now owns 451 shares of the information technology service provider’s stock valued at $30,000 after acquiring an additional 449 shares in the last quarter. Finally, Towne Trust Company N.A grew its stake in shares of Cognizant Technology Solutions by 85.0% in the fourth quarter. Towne Trust Company N.A now owns 370 shares of the information technology service provider’s stock valued at $31,000 after acquiring an additional 170 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on CTSH shares. BMO Capital Markets set a $83.00 price target on shares of Cognizant Technology Solutions in a research note on Thursday, February 12th. Guggenheim reduced their price objective on shares of Cognizant Technology Solutions from $100.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday. Wells Fargo & Company reiterated an “overweight” rating and set a $98.00 price objective (up from $87.00) on shares of Cognizant Technology Solutions in a research note on Wednesday, January 14th. Wedbush initiated coverage on shares of Cognizant Technology Solutions in a research note on Thursday, April 9th. They set a “neutral” rating and a $61.00 price objective on the stock. Finally, Weiss Ratings downgraded shares of Cognizant Technology Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Nine analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $84.68.

Cognizant Technology Solutions Trading Down 2.7%

Shares of Cognizant Technology Solutions stock opened at $58.81 on Thursday. The company has a market capitalization of $28.13 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 1.32 and a beta of 0.98. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.04. Cognizant Technology Solutions Corporation has a 12-month low of $57.39 and a 12-month high of $87.03. The firm’s 50-day moving average price is $62.24 and its two-hundred day moving average price is $72.16.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its quarterly earnings data on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.03. Cognizant Technology Solutions had a net margin of 10.56% and a return on equity of 17.17%. The firm had revenue of $5.33 billion for the quarter, compared to the consensus estimate of $5.31 billion. During the same period in the prior year, the company posted $1.21 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. On average, analysts forecast that Cognizant Technology Solutions Corporation will post 5.65 earnings per share for the current fiscal year.

Cognizant Technology Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 18th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, February 18th. This is a positive change from Cognizant Technology Solutions’s previous quarterly dividend of $0.31. Cognizant Technology Solutions’s payout ratio is currently 29.01%.

Insiders Place Their Bets

In other Cognizant Technology Solutions news, insider Surya Gummadi sold 1,728 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $83.06, for a total value of $143,527.68. Following the sale, the insider owned 25,641 shares in the company, valued at $2,129,741.46. This trade represents a 6.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.32% of the stock is owned by corporate insiders.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.