MARSHALL WACE ASIA Ltd Invests $9.03 Million in Cummins Inc. (CMI)

Zacks Rank & Key Picks  Currently Cummins carries a Zacks Rank #3

Columbus Circle Investors acquired 396,769 shares as Therapeuticsmd Inc (TXMD)'s stock declined 24.96%. The Carl Domino Inc holds 12,480 shares with $1.71M value, down from 14,859 last quarter. Citigroup maintained Cummins Inc. (NYSE:CMI). Richard Joseph Freeland, President & COO sold $3,720,750 worth of shares at an average price of $165.00 on Thursday the 6th. About 11.74 million shares traded. Also, COO Richard Joseph Freeland sold 22,550 shares of the stock in a transaction dated Thursday, July 6th. It has outperformed by 26.62% the S&P500.

Vantage Investment Partners Llc increased At&T Inc (T) stake by 84.05% reported in 2016Q4 SEC filing. Vanguard Group Inc. raised its stake in Cummins by 4.7% in the first quarter. At&T Inc now has $224.32 billion valuation.

Since January 1, 0001, it had 0 insider purchases, and 7 sales for $8.52 million activity. About 631,538 shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since July 11, 2016 and is downtrending. It has underperformed by 16.48% the S&P500. Archford Capital Strategies accumulated 0.87% or 15,197 shares. It also reduced Digitalglobe Inc (NYSE:DGI) stake by 197,776 shares and now owns 382,361 shares. Aci Worldwide Inc (NASDAQ:ACIW) was raised too.

12/01/2016 - Cummins Inc. was downgraded to " by analysts at CLSA. Zacks Lowered stocks of Cummins from a "buy" recommendation to a "hold" recommendation in a analysis note on Wednesday. Therefore 100% are positive. (NYSE:CMI) rating on Friday, February 5. Piper Jaffray maintained the shares of AYI in report on Saturday, August 22 with "Overweight" rating. (NYSE:CMI) earned "Neutral" rating by Bank of America on Monday, April 18. Canaccord Genuity initiated Acuity Brands, Inc. (NYSE:CMI) on Friday, September 25 with "Underweight" rating. The rating was maintained by Jefferies with "Buy" on Tuesday, December 8. Stifel Nicolaus maintained Acuity Brands, Inc. The firm has "Neutral" rating by Guggenheim given on Tuesday, April 11. As per Tuesday, November 8, the company rating was downgraded by Oppenheimer. Wells Fargo & Company upgraded shares of Cummins from a "market perform" rating to an "outperform" rating in a report on Monday, April 17th.

Datatrak International Inc (DTRK) investors sentiment increased to 1.05 in 2016 Q4. Its down 0.01, from 1.07 in 2016Q3. Glenview Trust Co's holdings in Cummins were worth $559,000 at the end of the most recent quarter. Lmr Prns Limited Liability Partnership holds 6,658 shares or 0.14% of its portfolio. 162.01 million shares or 5.89% more from 152.99 million shares in 2016Q3 were reported. Blackrock Institutional Na invested 0% of its portfolio in TherapeuticsMD Inc (NYSEMKT:TXMD). (NYSE:AYI) for 160,131 shares. Orrstown Svcs holds 1.03% or 7,127 shares. Bp Public Ltd stated it has 0.15% in Cummins Inc. Domini Impact Limited Liability reported 993 shares. The institutional investor owned 26,349 shares of the company's stock after selling 14,249 shares during the period. 1,975 were accumulated by Fort Washington Investment Advsrs Inc Oh. Great West Life Assurance Can stated it has 178,258 shares or 0.07% of all its holdings. (NASDAQ:FSLR) stake by 10,257 shares and now owns 23,452 shares. Cohen Capital Management Inc. bought a new position in Cummins during the first quarter worth about $121,000. Putnam Ltd Co owns 3,307 shares. (NYSE:AYI). Herndon Management Ltd Co owns 54 shares. Insiders own 0.62% of the company's stock.

Maine Police Arrest Man in Wake of Woman's Death in Jay
A Jay woman's boyfriend has been charged with murder in connection with her death, police said Tuesday. The spokesperson said state police anticipate the release of the woman's name sometime Tuesday night.

Analysts await Cummins Inc.

Cummins (NYSE:CMI) previously disclosed its periodic earnings reports on early Tue, May 2nd. During the same period past year, the firm earned $1.87 EPS. It has a 18.89 P/E ratio. The company reported $2.36 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.81 by $0.55. It's up 0.10, from 0.95 in 2016Q3. It dropped, as 44 investors sold CMI shares while 270 reduced holdings. Bessemer Group Inc. raised its stake in Cummins by 851.0% in the fourth quarter. Bowen Hanes Co has 143,835 shares.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Kistler reported 0.2% of its portfolio in Cummins Inc. (NYSE:CMI). Virtus Inv Advisers owns 9,774 shares or 0.1% of their USA portfolio. $3.91 million worth of Cummins Inc. Gardner Lewis Asset Management L P owns 2.46 million shares or 3.7% of their United States portfolio. (NYSE:CMI). Fifth Third Retail Bank holds 49,539 shares. Assetmark Inc invested 0% in Cummins Inc. (NYSE:CMI) for 86,769 shares. (NYSE:CMI). Aqr Limited Co holds 0.43% of its portfolio in Cummins Inc. CTO's profit would be $223,817 giving it 342.19 P/E if the $0.04 EPS is correct. Moreover, Boston Private Wealth Lc has 0.24% invested in Cummins Inc. (NYSE:CMI). 3,411 are owned by Commerzbank Aktiengesellschaft Fi.

Among 23 analysts covering Cummins (NYSE:CMI), 5 have Buy rating, 3 Sell and 15 Hold. Therefore 21% are positive. CMI was included in 63 notes of analysts from July 22, 2015. Cummins has an average rating of "Hold" and a consensus target price of $151.71. Barclays Capital initiated Cummins Inc. (NYSE:CMI) earned "Sell" rating by Deutsche Bank on Wednesday, September 7. The firm has "Buy" rating by Standpoint Research given on Friday, August 21. The rating was downgraded by Robert W. Baird on Wednesday, October 28 to "Neutral". The stock of Cummins Inc. (NYSE:CMI) earned "Buy" rating by Longbow on Thursday, January 19. As per Wednesday, October 28, the company rating was maintained by Deutsche Bank. The firm has "Hold" rating by BMO Capital Markets given on Thursday, July 6. Grp One Trading LP holds 65,664 shares or 0% of its portfolio. The insider NELSON GEORGIA R sold $169,527. Talaulicar Anant sold 1,650 shares worth $259,878. Over the last quarter, insiders have sold 79,176 shares of company stock worth $12,900,695. LINEBARGER NORMAN THOMAS sold $3.91M worth of stock.

Related news:

Hot News

isis-killer-beheading-video-story-top (NYSE:WLK) Upgraded at BidaskClub
Jul 13, 2017 - 09:53
BidaskClub raised shares of Westlake Chemical Corporation from a "hold" rating to a "buy" rating in a report on Friday, June 30th. Following the completion of the sale, the vice president now directly owns 6,577 shares in the company, valued at $409,155.17.

Today's Brokerage Rating: Barracuda Networks, Inc. (CUDA), Skechers USA, Inc. (SKX)
Jul 13, 2017 - 09:44
Following the sale, the chief operating officer now directly owns 193,502 shares of the company's stock, valued at $4,853,030.16. Following the sale, the director now directly owns 20,000 shares of the company's stock, valued at approximately $567,600.

Traders Alert- Nabors Industries Ltd. (NYSE:NBR), Shire PLC (ADR) (NASDAQ:SHPG)
Jul 13, 2017 - 09:39
The share price has moved backward from its 20 days moving average -7.02% and negatively from its 50 days moving average -16.16%. Systematic Financial Management Lp decreased Nabors Industries Ltd. (NBR ) stake by 57.96% reported in 2016Q4 SEC filing.

isis-killer-beheading-video-story-top Off the coast of North Korea was a strong natural disaster
Jul 13, 2017 - 09:38
A Pentagon spokesman also said initial indications showed that the quake did not result from a nuclear test. John Bellini at USGS told Yonhap there is "no way it was caused by a nuclear test".

isis-killer-beheading-video-story-top Can Ted Cruz's TrumpCare amendment be tweaked enough to save the bill?
Jul 13, 2017 - 09:37
In addition, some reports suggest non-compliant plans could turn people down or charge them more based on health status. But the decision about what's next with health care rests with someone else, the Senate majority leader.

isis-killer-beheading-video-story-top GOP senators draft alternative healthcare bill
Jul 13, 2017 - 09:33
Several conservative groups said Wednesday the Cruz-Lee option must be included for the Senate bill to have their support. Shame on many in the GOP for promising repeal and instead affirming, keeping, and, in some cases, expanding Obamacare".

isis-killer-beheading-video-story-top Kate Middleton Dazzles in Princess Diana's Favorite Tiara for State Banquet
Jul 13, 2017 - 09:30
Along with the tiara, Middleton borrowed one of Queen Elizabeth's elaborate necklaces and wore a pair of pearl drop earrings. Created by Garrard, a trusted jeweller to the royal family, the tiara features pearls dangling from diamond encrusted arches.

Average Brokerage Rating Of Chevron Corporation (CVX), Cousins Properties Incorporated (CUZ)
Jul 13, 2017 - 09:30
Nj State Employees Deferred Compensation Plan holds 0.05% of its portfolio in WPX Energy Inc (NYSE:WPX) for 16,666 shares. The Company's divisions include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other.

isis-killer-beheading-video-story-top 10th July 2017 WWE Monday Night Raw Results Highlights Winners Videos
Jul 13, 2017 - 09:29
Roman Reigns came out on #Monday Night Raw and stood face-to-face with Brock Lesnar and demanded a title shot at SummerSlam . The most interesting thing about this was that Brock laughed at Roman Reigns but seemed very serious when facing Samoa Joe .

Fifth Third Bancorp (NASDAQ:FITB) Short Interest Update
Jul 13, 2017 - 09:25
It operates through four divisions: Commercial Banking, Branch Banking, Consumer Lending, and Wealth and Asset Management. Compass Point raised Fifth Third Bancorp from a "neutral" rating to a "buy" rating in a report on Wednesday, March 29th.

isis-killer-beheading-video-story-top Clay County bomb threat arrest made
Jul 13, 2017 - 09:24
Authorities shut down the courthouse and the library as a result of the threat. Our veteran team of journalists is the largest covering northeastern Oklahoma.

isis-killer-beheading-video-story-top Shares in Wood Group fall on SFO probe of Amec Foster Wheeler
Jul 13, 2017 - 09:23
The average 12-month price target among brokers that have issued ratings on the stock in the previous year is GBX 569.39 ($7.38). The company disclosed on May 23 that the SFO had said it my well commence an investigation into AMFW .

isis-killer-beheading-video-story-top Hawks CEO to pay for wedding for couple who met at "Swipe Right Night"
Jul 13, 2017 - 09:20
Since then, the couple has attended several games, including some playoff games and the second Swipe Right night in 2016. One of the trends during 2015 was the dating app Tinder , so the Hawks made a decision to hold a 'Swipe Right' night.

isis-killer-beheading-video-story-top Without Big Baller Brand shoes, Lonzo Ball puts on show in win
Jul 13, 2017 - 09:16
Though the Lakers rookie guard was impressive Wednesday, it was still just a Summer League game and was not without controversy. With the victory, the Lakers advance to the Round of 16 on Thursday, where they face a well-rested Cleveland Cavaliers team.

isis-killer-beheading-video-story-top Anonymous woman pays $400 dinner bill for firefighters who battled California wildfire
Jul 13, 2017 - 09:00
People just anonymously donate money to cover the bill. "In a small community like Colton it happens quite frequently", he said. Tome Bellis told the San Bernardino Sun acts of kindness from the community are not unusual, but always appreciated.