Institutional Holdings and Trade Data for Conduent Incorporated (CNDT)

In the past 52-week period, shares of Conduent Incorporated (NYSE:CNDT) have moved within the range of $13.10 to $18.15. On the stock’s most recent trading day, the company’s shares ended the regular session at $15.17, which is 16.42% lower than its 52-week high.

Conduent Incorporated (CNDT) has demonstrated a 20-day simple moving average (SMA) of -2.62%, and a 50-day SMA of -3.13%. This public company’s current market capitalization stands at $3.20 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Conduent Incorporated (CNDT) is Outperform.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Conduent Incorporated (CNDT) delivered a 1.75% surprise with its net revenue. Sales reached $1.48 billion during the three-month period, compared to the average analyst estimate of $1.51 billion.

Meanwhile, during the same quarter Conduent Incorporated (CNDT) delivered a 8.75% earnings surprise. Net earnings for the quarter were posted at $0.22 per share, whereas Wall Street had forecast $0.20 per share.

Ownership at Conduent Incorporated (CNDT), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. Conduent Incorporated (CNDT) has 0 billion shares outstanding currently, 89.41% of which belong to institutional investors. Those institutional holdings amount to $2.85 billion.

Additionally, according to the most recent 13F filing from Conduent Incorporated (CNDT), there were 33 new positions totaling 12,328,663 shares of the company’s stock. There were 43 sold out positions, on the other hand, totaling 18,251,491 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Conduent Incorporated (CNDT) has had a 20-day average volume of 2,523,610 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,337,084 shares, with an average of 100% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,006,506 shares with 100% of long-term indicators pointing to Sell.