As Cummins (CMI) Valuation Declined, Holder South Dakota Investment Co…

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South Dakota Investment Council increased its stake in Cummins Inc (CMI) by 19.27% based on its latest 2018Q3 regulatory filing with the SEC. South Dakota Investment Council bought 8,500 shares as the company’s stock declined 4.30% with the market. The institutional investor held 52,620 shares of the industrial machinery and components company at the end of 2018Q3, valued at $7.69M, up from 44,120 at the end of the previous reported quarter. South Dakota Investment Council who had been investing in Cummins Inc for a number of months, seems to be bullish on the $24.46B market cap company. The stock increased 2.70% or $4.08 during the last trading session, reaching $155.47. About 1.35 million shares traded or 0.54% up from the average. Cummins Inc. (NYSE:CMI) has declined 19.50% since February 17, 2018 and is downtrending. It has underperformed by 19.50% the S&P500. Some Historical CMI News: 01/05/2018 – Cummins 1Q Rev $5.6B; 16/04/2018 – Cummins Closes Above 50-Day Moving Average: Technicals; 01/05/2018 – Cummins 1Q EPS Cut 87c by Cost of Product Campaign; 18/04/2018 – Cummins Announces Availability of X12™ With Autocar; 01/05/2018 – Cummins Now Sees 2018 Revenue Up 10%-14%; 24/05/2018 – CUMMINS INDIA 4Q REV. 12.1B RUPEES, EST. 13B; 16/04/2018 – PBF LOGISTICS LP – PBF LOGISTICS ACQUIRED, THIRD-PARTY CUMMINS TERMINAL, LOCATED IN KNOXVILLE; 23/03/2018 – US House of Reps: March 23, 2018 10:14:19 A.M. Today’s prayer was offered by Rev. Dr. Dan C. Cummins, Peoples Church,; 14/03/2018 – Allison Transmission Receives California Air Resources Bd Certification for 2018 Hybrid-Electric Propulsion System Paired With Cummins Engines; 01/05/2018 – Cummins Sees 2018 Adjusted Ebitda 16,2%-16.6% of Sales

Academy Capital Management Inc increased its stake in Oracle Corp (ORCL) by 1.81% based on its latest 2018Q3 regulatory filing with the SEC. Academy Capital Management Inc bought 6,363 shares as the company’s stock declined 4.48% with the market. The institutional investor held 358,723 shares of the prepackaged software company at the end of 2018Q3, valued at $18.50 million, up from 352,360 at the end of the previous reported quarter. Academy Capital Management Inc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $185.62 billion market cap company. The stock increased 0.47% or $0.24 during the last trading session, reaching $51.72. About 13.82 million shares traded. Oracle Corporation (NYSE:ORCL) has declined 3.81% since February 17, 2018 and is downtrending. It has underperformed by 3.81% the S&P500. Some Historical ORCL News: 29/05/2018 – @NeYoCompound would love to meet Warren Buffett, but doesn’t have any pressing finance or business questions for the Oracle of Omaha; 21/05/2018 – Oracle Japan Closes Above 200-Day Moving Average: Technicals; 11/04/2018 – “The Loyalty Divide – Operator and Consumer Perspectives, Hotels 2018” Reveals Operators Are Struggling to Find Relevance Among Younger Guests that Demand More Personalized Incentives and Experiences; 05/05/2018 – HIGHLIGHTS-‘Oracle of Omaha’ Buffett comments on China, healthcare, deals; 04/04/2018 – Coherent Path CEO to Speak at Oracle’s Modern Customer Experience; 04/05/2018 – Mackenzie Ivy Global Balanced Cuts UPS, Buys More Oracle; 27/03/2018 – Oracle Wins Appeals Court Ruling Against Google in Long-Running Copyright Case; 21/03/2018 – Oracle Signs Agreement with Midwestern Higher Education Compact; 11/05/2018 – Mumbai Bourse: Oracle Financial Services Software Ltd. – Board Recommends Final Dividend; 18/04/2018 – FICO Solution for ldentifying Procurement Fraud, Waste and Abuse Now on Amazon Web Services (AWS)

Among 33 analysts covering Cummins (NYSE:CMI), 11 have Buy rating, 1 Sell and 21 Hold. Therefore 33% are positive. Cummins had 135 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Cummins Inc. (NYSE:CMI) earned “Buy” rating by Bank of America on Friday, January 19. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, March 15. The stock has “Hold” rating by Stifel Nicolaus on Monday, February 5. Longbow upgraded the shares of CMI in report on Thursday, January 19 to “Buy” rating. On Friday, October 20 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, October 31. On Thursday, October 12 the stock rating was downgraded by Longbow to “Neutral”. The stock has “Hold” rating by Piper Jaffray on Tuesday, July 11. BMO Capital Markets maintained the stock with “Market Perform” rating in Thursday, May 3 report. The company was maintained on Wednesday, October 12 by Barclays Capital.

South Dakota Investment Council, which manages about $4.59B US Long portfolio, decreased its stake in Tiffany & Co New (NYSE:TIF) by 6,400 shares to 57,849 shares, valued at $7.46 million in 2018Q3, according to the filing. It also reduced its holding in Mantech Intl Corp (NASDAQ:MANT) by 18,150 shares in the quarter, leaving it with 39,800 shares, and cut its stake in Under Armour Inc.

Investors sentiment increased to 1.25 in Q3 2018. Its up 0.34, from 0.91 in 2018Q2. It improved, as 46 investors sold CMI shares while 243 reduced holdings. 111 funds opened positions while 249 raised stakes. 124.41 million shares or 0.77% less from 125.38 million shares in 2018Q2 were reported. Johnson Inv Counsel Incorporated reported 0.02% stake. Smithfield Tru reported 163 shares or 0% of all its holdings. 1,519 were reported by Checchi Capital Advisers Lc. Cincinnati Casualty Communication accumulated 46,000 shares or 5.54% of the stock. Paloma Prtn Management accumulated 41,958 shares. Focused Wealth Mgmt Incorporated invested 0.01% in Cummins Inc. (NYSE:CMI). Greenleaf Trust has invested 0.01% in Cummins Inc. (NYSE:CMI). 786 are held by Dubuque Bancorporation Tru Company. Congress Asset Com Ma holds 66,060 shares or 0.12% of its portfolio. Texas Permanent School Fund owns 33,729 shares. Parsec Fin Mngmt Incorporated reported 0.03% stake. Nomura holds 0% in Cummins Inc. (NYSE:CMI) or 1,959 shares. Price T Rowe Associate Md, a Maryland-based fund reported 293,572 shares. Stone Ridge Asset Management Limited Liability Corp holds 7,687 shares. Livingston Group Asset (Operating As Southport Management) has 0.01% invested in Cummins Inc. (NYSE:CMI).

More important recent Cummins Inc. (NYSE:CMI) news were published by: Benzinga.com which released: “Cummins Inc. (NYSE:CMI), (DMLRY) – New Coalition Seeks Repeal Of Federal Excise Tax On Heavy Trucks And Trailers – Benzinga” on January 28, 2019, also Seekingalpha.com published article titled: “Cummins Inc. 2018 Q4 – Results – Earnings Call Slides – Cummins Inc. (NYSE:CMI) – Seeking Alpha”, Benzinga.com published: “Cummins Inc. (NYSE:CMI) – What Electric Vehicle Adopters Can Learn From Natural Gas Fleets – Benzinga” on February 04, 2019. More interesting news about Cummins Inc. (NYSE:CMI) was released by: Seekingalpha.com and their article: “Cummins Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 05, 2019.

Since October 2, 2018, it had 0 insider buys, and 13 sales for $10.38 million activity. HERMAN ALEXIS M sold $111,321 worth of stock. Freeland Richard Joseph also sold $675,000 worth of Cummins Inc. (NYSE:CMI) on Friday, January 18. Satterthwaite Tony sold $117,533 worth of stock. Ward Pat sold $670,618 worth of Cummins Inc. (NYSE:CMI) on Tuesday, October 2. The insider Embree Tracy A sold $30,900. ROSE MARYA M sold $2.20 million worth of stock.

Among 47 analysts covering Oracle (NYSE:ORCL), 22 have Buy rating, 1 Sell and 24 Hold. Therefore 47% are positive. Oracle had 141 analyst reports since July 30, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of ORCL in report on Monday, July 17 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) earned “Neutral” rating by UBS on Wednesday, June 20. The rating was upgraded by Standpoint Research to “Buy” on Wednesday, December 26. The stock has “Outperform” rating by Wells Fargo on Tuesday, September 18. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, December 16. Wunderlich maintained Oracle Corporation (NYSE:ORCL) rating on Friday, June 17. Wunderlich has “Hold” rating and $43 target. Credit Suisse maintained Oracle Corporation (NYSE:ORCL) on Thursday, October 12 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Canaccord Genuity on Monday, May 29. Canaccord Genuity maintained the shares of ORCL in report on Friday, December 15 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Thursday, September 17 by Stifel Nicolaus.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Streetinsider.com which released: “Buffett’s Berkshire Enters Red Hat (RHT), Suncor (SU); Adds BofA (BAC), JP Morgan (JPM); Lowers Apple (AAPL), Liquidates Oracle (ORCL) – 13F (more…) – StreetInsider.com” on February 14, 2019, also Nasdaq.com with their article: “Better Buy: Microsoft vs. Oracle – Nasdaq” published on February 12, 2019, Fool.com published: “Warren Buffett Just Sold These Stocks – Motley Fool” on February 17, 2019. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle: DoL’s wage suit “meritless” – Seeking Alpha” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Oracle: Google “fabricated concern” in court petition – Seeking Alpha” with publication date: January 25, 2019.

Cummins Inc. (NYSE:CMI) Institutional Positions Chart

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