During Q3 2018 the big money sentiment increased to 1.25. That’s change of 0.34, from 2018Q2’s 0.91. 46 investors sold all, 243 reduced holdings as CMI ratio improved. 249 rose holdings while 111 funds took holdings. Funds hold 124.41 million shares thus 0.77% less from 2018Q2’s 125.38 million shares. Opus Investment Management invested in 12,200 shs. 1,445 were reported by Mariner Wealth Advisors. First Allied Advisory Svcs Incorporated has 0.03% invested in Cummins Inc. (NYSE:CMI). Riverhead Management Limited Liability Company reported 0.26% stake. 90,359 are held by Avalon Advsrs Ltd Limited Liability Company. State Of Alaska Department Of Revenue stated it has 0.11% in Cummins Inc. (NYSE:CMI). Cubist Systematic Strategies Ltd Company invested in 0.05% or 5,899 shs. Shelton Mngmt reported 1,702 shs. Oppenheimer Asset Mngmt has invested 0.02% in Cummins Inc. (NYSE:CMI). Clark Capital Group Inc owns 302,570 shs or 1.12% of their US capital. Skylands Cap Ltd Liability Co reported 250 shs. Geode Cap Limited has invested 0.1% in Cummins Inc. (NYSE:CMI). 98,334 are owned by Toronto Dominion Bank & Trust. Wedge Capital Mngmt L Limited Partnership Nc owns 117,888 shs or 0.16% of their US capital. Essex Serv, a Connecticut-based fund reported 4,571 shs.
CMI had 11 insider sales and 0 insider purchases since October 2, 2018. This’s net activity of $10.28 million. ROSE MARYA M sold $1.70 million worth of stock or 10,970 shs. On Monday, November 5 Satterthwaite Tony also sold $117,533 worth of Cummins Inc. (NYSE:CMI). 24,830 shs were sold by LINEBARGER NORMAN THOMAS, worth $3.31M on Monday, December 17. $111,321 worth of Cummins Inc. (NYSE:CMI) shs were sold by HERMAN ALEXIS M. Freeland Richard Joseph sold $675,000 worth of Cummins Inc. (NYSE:CMI) or 4,500 shs on Friday, January 18. Smith Mark Andrew sold $76,788 worth of stock.
In Cummins Inc Com (CMI) was rose the stake held by Cibc World Markets Corp. The decrease is 44.33% according to 2018Q3 Securities and Exchange form. The company’s stock sank 4.30% while Cibc World Markets Corp bought 161,173 shares. The industrial machinery and components company announced $76.65 million value for the 2018Q3. Now the institutional investor is holding 524,747 shares, compared to the 363,574 from the previous quarter. $23.48B is Cummins Inc Com’s market cap. CMI is reaching $146.71 during the last trading session, after decreased 0.27%.Cummins Inc. is downtrending after having declined 19.50% since February 2, 2018. CMI has 1.50M volume or 8.19% up from normal. CMI underperformed the S&P 500 by 19.50%.
A portfolio of $11.73B is managed by Cibc World Markets Corp. As it’s published in Securities and Exchange form the stake in Illumina Inc (NASDAQ:ILMN) is decreased by 21,474 shares to 44,196 shares. They are valued at $16.22 million in 2018Q3. Cibc World Markets Corp has cut its stake in Twitter Inc (NYSE:TWTR) and also reduced its holding in Altaba Inc Com by 3.08M shares in the quarter, for a total of 2.06 million shares.
More recent Cummins Inc. (NYSE:CMI) news were published by Zacks.com, Benzinga.com and Seekingalpha.com. The first one has “Cummins (CMI) to Report Q4 Earnings: Is a Beat in Store? – Zacks.com” as a title and was published on February 01, 2019. The next is “Clean Energy Fuels Corp. (NASDAQ:CLNE), Cummins Inc. (NYSE:CMI) – Today’s Pickup: Port Operator Secures $1 Per Gallon Natural Gas Deal For New Trucks – Benzinga” on January 08, 2019. And last was published on January 08, 2019, called “Cummins: Keep On Trucking With This Undervalued Stock – Seeking Alpha”.
Cummins Inc. (NYSE:CMI) Ratings Coverage
A total of 8 analysts rate Cummins (NYSE:CMI) as follows: 4 “Buy”, 4 “Hold” and 0 “Sell”. Š¢herefore 50% are bullish. (NYSE:CMI) has 10 ratings reports on 2 Feb 2019 according to StockzIntelligence. On Friday, August 24 the stock of Cummins Inc. (NYSE:CMI) earned “Underweight” rating by JP Morgan. On Wednesday, October 10 the firm has “Buy” rating by Stifel Nicolaus given. On Wednesday, October 31 the firm has “Neutral” rating by Robert W. Baird given. On Tuesday, October 9 the firm earned “Neutral” rating by Bank of America. On Wednesday, October 31 the company was maintained by Credit Suisse. In Thursday, October 4 report PiperJaffray upgraded it to “Overweight” rating and $188 target. The stock rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 10. On Wednesday, October 31 the stock of Cummins Inc. (NYSE:CMI) earned “Market Perform” rating by Wells Fargo. On Wednesday, October 31 the firm earned “Neutral” rating by JP Morgan.
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