Big Money Love CBS Corp (NYSE:CBS), Sentiment at 0.68

June 27, 2018 - By Nell Hawkins

CBS Corporation (NYSE:CBS) Corporate Logo

“Big money” Positions

In Q1 2018 CBS Corp (NYSE:CBS) big money sentiment increased to 0.68, according to SEC.gov filings. That’s up 0.09, from 2017Q4’s 0.59. 213 hedge funds increased and opened new equity positions, while 311 sold and reduced their positions in CBS Corp so the sentiment is positive. Funds own 218.74 million shares, down from 226.28 million shares in 2017Q4. Funds holding CBS Corp in top 10 changed to 7 from 14 for a decrease of 7. In total 79 funds closed positions, 232 reduced and 151 increased. Also 62 funds bought new CBS Corp stakes.

Significant CBS Corp Investors

As of Q1 2018 Gruss Capital Management Lp has 12.72% invested in CBS Corp. As of Q1 2018, 2.96 million shares of CBS Corp are owned by Chieftain Capital Management Inc.. Tremblant Capital Group reported 2.24 million shares. The Illinois-based fund Zuckerman Investment Group Llc have invested about 6.05% of the investment professional’s stock portfolio in CBS Corp. The California-based fund Focused Investors Llc holds 2.49 million shares or 5.6% of their fund’s portfolio.

CBS Corporation operates as a mass media firm worldwide.The company has $21.35 billion market cap. The firm operates through four divisions: Entertainment, Cable Networks, Publishing, and Local Media.20.07 is the P/E ratio. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services.

CBS is touching $56.29 during the last trading session, after increased 0.77%.CBS Corporation has volume of 880,634 shares. Since June 27, 2017 CBS has declined 17.26% and is downtrending. The stock underperformed the S&P 500 by 29.83%.

CBS Corporation (NYSE:CBS) is anticipated to report earnings on August, 6., Faxor reports. This year’s earnings per share analyst estimate is anticipated to be $1.12. That is 7.69 % up compareed to $1.04 earnings per share for last year. CBS’s profit could reach $424.84M if the current earnings per share of $1.12 is accurate. -16.42 % negative EPS growth is what Wall Street’s predicts after $1.34 reported EPS previous quarter.

4,670 were reported by Rothschild Inv Il. Svcs Automobile Association owns 0.05% invested in CBS Corporation (NYSE:CBS) for 348,148 shs. Asset Mgmt Gp, Connecticut-based fund reported 6,195 shs. Pub Employees Retirement Systems Of Ohio accumulated 222,658 shs. Segall Bryant And Hamill Ltd Company invested 0.23% in CBS Corporation (NYSE:CBS). Brinker Cap Inc holds 0.06% of its capital in CBS Corporation (NYSE:CBS) for 27,708 shs. Thomas White holds 0.08% in CBS Corporation (NYSE:CBS) or 9,366 shs. Dowling Yahnke Ltd Com holds 8,202 shs. Gardner Lewis Asset L P has 16,505 shs for 0.07% of their capital. Prentiss Smith has invested 0.01% of its capital in CBS Corporation (NYSE:CBS). Texas Permanent School Fund holds 89,179 shs. Asset Mngmt One Limited stated it has 594,245 shs or 0.07% of all its holdings. Moreover, Northern has 0% invested in CBS Corporation (NYSE:CBS). Moreover, Meiji Yasuda Asset Limited has 0.06% invested in CBS Corporation (NYSE:CBS). Legg Mason Asset Mngmt (Japan) Limited has 0.54% invested in CBS Corporation (NYSE:CBS) for 14,900 shs.

CBS Corporation registered $74.84 million net activity with 0 insider buys and 17 insider sales since January 16, 2018. On Thursday, January 18 Ianniello Joseph R sold $14.12M worth of CBS Corporation (NYSE:CBS) or 233,544 shs. The insider Tu Lawrence sold 19,556 shs worth $1.10 million. On Thursday, June 14 160,709 shs were sold by Schwartz Gil D, worth $8.85M. On Friday, May 25 the insider Anschell Jonathan sold $510,545.

CBS Corporation (NYSE:CBS) Ratings Coverage

A total of 16 analysts rate CBS Corp (NYSE:CBS) as follows: 11 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 69% are bullish. The firm has $80.0 highest and $61 lowest target. The avg target $69.31 is 23.13% above the last ($56.29) price. (NYSE:CBS) has 22 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Friday, February 16 the rating was maintained by RBC Capital Markets with “Buy”. The stock rating was maintained by Piper Jaffray with “Buy” on Wednesday, January 3. On Tuesday, January 16 the stock of CBS Corporation (NYSE:CBS) has “Buy” rating given by Rosenblatt. In Friday, February 16 report Cowen & Co maintained it with “Buy” rating and $69.0 target. On Thursday, January 4 the firm has “Buy” rating by Jefferies given. In Thursday, January 4 report Wells Fargo maintained it with “Buy” rating and $70.0 target. On Monday, January 22 the stock has “Hold” rating by Stephens. On Friday, May 4 the firm has “Hold” rating by Wells Fargo given. On Tuesday, January 2 the firm has “Buy” rating given by Stephens. On Monday, May 21 Bernstein upgraded CBS Corporation (NYSE:CBS) to “Buy” rating.

There’s an important CBS Corporation (NYSE:CBS) news brought out by Bizjournals.com. It’s an item titled: “CBS extends NFL streaming rights, adds mobile” on June 26, 2018.

CBS Corporation (NYSE:CBS) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: