On May 16, 2018 CBS (CBS) Upgraded By Bernstein From “Mkt Perform”.

May 16, 2018 - By Andrea Pope

CBS Corporation (NYSE:CBS) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 0.59. That’s change of 0.44, from 2017Q3’s 1.03. 80 investors sold all, 278 reduced holdings as CBS Corporation ratio dropped. 148 rose holdings while 65 funds amassed holdings. Funds hold 226.28 million shares thus 0.25% more from 2017Q3’s 225.71 million shares.

Cleararc holds 9,224 shs. Point72 Asset Management Limited Partnership accumulated 7,500 shs. 61,045 are owned by M&T Commercial Bank. Peapack Gladstone Corp owns 0.36% invested in CBS Corporation (NYSE:CBS) for 113,135 shs. Art Ltd Liability Com holds 0.12% or 47,600 shs in its capital. Legg Mason Asset Management (Japan) owns 15,200 shs. Legal General Grp Public Ltd Com holds 1.77M shs or 0.08% of its capital. Alphamark Advsrs Ltd Liability Company owns 162 shs. Clearbridge Lc accumulated 636,983 shs or 0.78% of the stock. Engines Advisors Limited Liability Co reported 17 shs. Sandy Spring Natl Bank has 160 shs for 0% of their capital. Cannell Peter B Co Inc, New York-based fund reported 417,077 shs. Hall Laurie J Trustee accumulated 580 shs or 0.02% of the stock. Thompson Siegel Walmsley Ltd Liability reported 0% in CBS Corporation (NYSE:CBS). One National Association invested in 0.05% or 13,273 shs.

CBS Corporation had 14 insider sales and 0 insider buys since December 12, 2017. This’s net activity of $67.47 million. 233,544 shs were sold by Ianniello Joseph R, worth $14.12 million on Thursday, January 18.

Bernstein Improved CBS (CBS)’s Stock Rating to “Outperform”.

It was issued on 15 May that Bernstein raised CBS (CBS)‘s rating to “Outperform”. CBS’s old rating was “Mkt Perform”.

Ticker’s shares touched $54.1 during the last trading session after 0.59% change.Currently CBS Corporation is downtrending after 22.43% change in last May 16, 2017. CBS has also 1.06 million shares volume. The stock underperformed the S&P 500 by 33.98%.

On August, 6 CBS Corporation (NYSE:CBS)’s earnings report is awaited by WallStreet, according to Faxor. The EPS diference is $0.12 or 11.54 % up from last years number. Previous year: $1.04; Analysts forcast: $1.16. In case of $1.16 EPS CBS’s profit could be $439.75M. -13.43 % negative EPS growth is what analysts predict. $1.34 EPS was announced for previous quarter.

CBS Corporation operates as a mass media firm worldwide.The firm is valued at $20.51 billion. The firm operates through four divisions: Entertainment, Cable Networks, Publishing, and Local Media.61.41 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.

For more CBS Corporation (NYSE:CBS) news published briefly go to: Seekingalpha.com, Streetinsider.com, Prnewswire.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “CBS Q1: Growth Goals On Track” published on May 09, 2018, “Verizon Communications (VZ) Expressed Interest in Acquiring CBS Corp. (CBS) Before Viacom (VIAB) Talks Heated up …” on May 15, 2018, “CBS And Nielsen Collaborate To Advance Dynamic Ad Insertion In Live Broadcasts” with a publish date: May 14, 2018, “National Amusements to CBS: See you in court” and the last “Bernstein: ‘Almost 0%’ Chance Of A CBS-Viacom Reunion” with publication date: May 15, 2018.

CBS Corporation (NYSE:CBS) Institutional Investors Chart

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