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SAVANT CAPITAL LLC cut its holdings in CTSH by 7.4%, while the company beat earnings estimates and raised its dividend.
SAVANT CAPITAL LLC decreased its holdings in Cognizant Technology Solutions (CTSH) by 7.4% in Q4 2019, selling 895 shares to hold 11,119 shares worth $855,000.
Other institutional investors like Van Eck Associates Corp increased their stakes.
CTSH reported earnings of $1.21 per share, exceeding analyst estimates by $0.09, and raised its quarterly dividend to $0.31.
Institutional investors now own 92.44% of the company's stock.
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SAVANT CAPITAL LLC redujo sus participaciones en CTSH en un 7,4%, mientras que la empresa superó las estimaciones de ganancias y aumentó su dividendo.