Big Money Sentiment increased to 1.25 in 2018 Q3. It has change of 0.34, from 2018Q2’s 0.91. The ratio improved due to CMI positioning: 46 sold and 243 reduced. 111 funds amassed positions and 249 increased positions. Investors holded 125.38 million in 2018Q2 but now own 124.41 million shares or 0.77% less. Lsv Asset owns 3.23 million shs. Cleararc Cap stated it has 0.07% of its capital in Cummins Inc. (NYSE:CMI). Walleye Trading Limited Liability has 0% invested in Cummins Inc. (NYSE:CMI). Thompson Siegel Walmsley Lc has 0% invested in Cummins Inc. (NYSE:CMI) for 1,825 shs. Reilly Finance Advisors Lc accumulated 380 shs. Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0.27% in Cummins Inc. (NYSE:CMI). State Board Of Administration Of Florida Retirement has invested 0.08% in Cummins Inc. (NYSE:CMI). United Fire Grp Inc Inc has 22,000 shs for 1.17% of their capital. Nomura Inc holds 1,959 shs. Advisory Services Ntwk Ltd Llc has invested 0.1% in Cummins Inc. (NYSE:CMI). Paragon Management has invested 0.37% of its capital in Cummins Inc. (NYSE:CMI). Louisiana State Employees Retirement Sys holds 8,800 shs or 0.06% of its capital. 1St Source National Bank & Trust holds 0.11% or 9,184 shs. Guardian Life Insur Of America reported 0.01% stake. Lau Limited Liability Corporation has 8,200 shs.
CMI had 13 insider sales and 0 insider buys since October 2, 2018. This’s net activity of $10.38 million. Shares for $675,000 were sold by Freeland Richard Joseph on Friday, January 18. On Wednesday, February 6 206 shs were sold by Embree Tracy A, worth $30,900. Smith Mark Andrew sold 501 shs worth $76,788. HERMAN ALEXIS M had sold 423 shs worth $63,499. Shares for $3.31M were sold by LINEBARGER NORMAN THOMAS. $87,974 worth of Cummins Inc. (NYSE:CMI) was sold by ChangDiaz Franklin R on Thursday, November 15.
In 2018Q3 SEC filling is reported Cibc World Markets Corp’s stake in Cummins Inc Com (CMI) which was increased by 44.33%. The company’s stock declined 4.30% with the market as Cibc World Markets Corp bought 161,173 shares. At the end of 2018Q3, the 524,747 shares of the industrial machinery and components company held by the institutional investor were valued at $76.65 million, up from 363,574 at the end of the previous reported quarter. $24.13 billion is Cummins Inc Com’s market cap. Ticker’s shares touched $153.75 during the last trading session after 0.43% change.Currently Cummins Inc. is downtrending after 19.50% change in last March 4, 2018. CMI has also 434,339 shares volume. The stock underperformed the S&P500 by 19.50%.
Cibc World Markets Corp operates about $11.73B US Long portfolio. According to a filing the fund decreased its stake in Nvidia Corp Com (NASDAQ:NVDA) by 250,583 shares to 143,652 shares, valued at $40.37 million in 2018Q3. Cibc World Markets Corp has cut its stake in Finl (Call) and also reduced its holding in Cap Etf (Put) by 1.01 million shares in the quarter, for a total of 490,000 shares.
For more Cummins Inc. (NYSE:CMI) news released briefly go to: Benzinga.com, Seekingalpha.com, Fool.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Cummins Inc. (NYSE:CMI) – What Electric Vehicle Adopters Can Learn From Natural Gas Fleets – Benzinga” released on February 04, 2019, “Cummins Q4 2018 Earnings Preview – Seeking Alpha” on February 05, 2019, “Time to Buy Caterpillar Stock? – The Motley Fool” with a publish date: February 02, 2019, “Cummins Inc. (NYSE:CMI) – Cummins Stocks Level-Off As Company Misses EPS, Beats Revenue – Benzinga” and the last “Cummins Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: February 06, 2019.
Cummins Inc. (NYSE:CMI) Ratings Coverage
In total 9 analysts cover Cummins (NYSE:CMI). “Buy” rating has 5, “Sell” are 0, while 4 are “Hold”. (NYSE:CMI) has 56% bullish analysts. 11 are the (NYSE:CMI)’s ratings reports on 4 Mar 2019 according to StockzIntelligence Inc. On Wednesday, October 10 the rating was maintained by Stifel Nicolaus with “Buy”. In Wednesday, October 31 report Robert W. Baird upgraded the stock to “Neutral” rating. On Wednesday, October 31 JP Morgan upgraded Cummins Inc. (NYSE:CMI) rating. JP Morgan has “Neutral” rating and $147 target. On Thursday, February 7 the stock has “Outperform” rating by Robert W. Baird. On Thursday, October 4 PiperJaffray upgraded the shares of CMI in report to “Overweight” rating. The company rating was maintained by Stifel Nicolaus on Monday, September 10. In Tuesday, October 9 report Bank of America maintained the stock with “Neutral” rating. On Wednesday, October 31 the rating was maintained by Credit Suisse with “Outperform”. On Wednesday, October 31 Wells Fargo maintained Cummins Inc. (NYSE:CMI) with “Market Perform” rating. The company rating was downgraded by Oppenheimer on Thursday, February 7.
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