CBS (CBS) Is At $48.57 Formed Wedge; Google (GOOG)’s Sentiment Is 0.6

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Google Inc (GOOG) investors sentiment decreased to 0.6 in 2017 Q4. It’s down -0.40, from 1 in 2017Q3. The ratio fall, as 6 funds opened new or increased holdings, while 10 cut down and sold their positions in Google Inc. The funds in our database now hold: 97,895 shares, down from 98,560 shares in 2017Q3. Also, the number of funds holding Google Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 3 Reduced: 7 Increased: 5 New Position: 1.

CBS Corporation (CBS) formed wedge down with $45.17 target or 7.00% below today’s $48.57 share price. CBS Corporation (CBS) has $18.47B valuation. The stock decreased 0.86% or $0.42 during the last trading session, reaching $48.57. About 320,883 shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since May 3, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 13 sales for $63.60 million activity. $4.89 million worth of CBS Corporation (NYSE:CBS) was sold by MOONVES LESLIE. $2.87M worth of stock was sold by Ianniello Joseph R on Thursday, January 25.

Among 37 analysts covering CBS Corp (NYSE:CBS), 28 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. CBS Corp had 117 analyst reports since August 6, 2015 according to SRatingsIntel. Wunderlich initiated it with “Buy” rating and $72 target in Friday, October 21 report. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Tuesday, October 6 by Topeka Capital Markets. Citigroup maintained CBS Corporation (NYSE:CBS) on Wednesday, August 23 with “Buy” rating. Pivotal Research maintained the stock with “Buy” rating in Tuesday, August 18 report. Telsey Advisory Group initiated the stock with “Outperform” rating in Friday, February 5 report. RBC Capital Markets maintained CBS Corporation (NYSE:CBS) on Thursday, October 12 with “Buy” rating. The firm has “Outperform” rating by Wedbush given on Friday, February 12. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, October 16. Stephens downgraded CBS Corporation (NYSE:CBS) rating on Monday, January 22. Stephens has “Hold” rating and $64.0 target. On Friday, October 13 the stock rating was maintained by Barclays Capital with “Equal-Weight”.

Investors sentiment decreased to 0.59 in Q4 2017. Its down 0.44, from 1.03 in 2017Q3. It is negative, as 80 investors sold CBS Corporation shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Pub Employees Retirement Systems Of Ohio reported 232,470 shares. Capital Invsts holds 720,000 shares. Natl Pension invested in 401,236 shares or 0.12% of the stock. The Kansas-based Waddell And Reed Financial has invested 0.05% in CBS Corporation (NYSE:CBS). Counselors holds 0.38% or 139,468 shares. Dalton Greiner Hartman Maher invested 1% of its portfolio in CBS Corporation (NYSE:CBS). Private Capital Advisors reported 144,580 shares. Jfs Wealth Advsr Lc holds 996 shares or 0.01% of its portfolio. The Massachusetts-based Numeric Invsts Limited Liability Corporation has invested 0% in CBS Corporation (NYSE:CBS). Paloma Prtnrs Management invested in 0% or 5,342 shares. Valley National Advisers accumulated 11 shares or 0% of the stock. Fragasso Group Inc stated it has 0.28% in CBS Corporation (NYSE:CBS). Moreover, Advantus Capital Management Inc has 0.05% invested in CBS Corporation (NYSE:CBS) for 36,719 shares. 139 are owned by Parkside Finance Bancshares Trust. Voya Management Limited Co has invested 0.23% in CBS Corporation (NYSE:CBS).

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company has market cap of $708.56 billion. The firm offers performance and brand advertising services. It has a 56.66 P/E ratio. It operates through Google and Other Bets divisions.

Ratings analysis reveals 80% of Alphabet’s analysts are positive. Out of 5 Wall Street analysts rating Alphabet, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $935.0 while the high is $1070.0. The stock’s average target of $982 is -3.69% below today’s ($1019.58) share price. GOOG was included in 5 notes of analysts from October 17, 2016. The stock of Alphabet Inc. (NASDAQ:GOOG) has “Hold” rating given on Friday, October 28 by Stifel Nicolaus. Citigroup maintained Alphabet Inc. (NASDAQ:GOOG) on Tuesday, January 3 with “Buy” rating. The company was maintained on Monday, October 17 by Credit Suisse. On Friday, January 27 the stock rating was maintained by Needham with “Buy”. Aegis Capital initiated the stock with “Buy” rating in Wednesday, December 21 report.

Grand Jean Capital Management Inc holds 5.67% of its portfolio in Alphabet Inc. for 16,150 shares. Levy Harkins & Co Inc owns 13,279 shares or 4.3% of their US portfolio. Moreover, M. Kraus & Co has 2.88% invested in the company for 4,540 shares. The Oregon-based Mengis Capital Management Inc. has invested 2.59% in the stock. Staley Capital Advisers Inc, a Pennsylvania-based fund reported 28,261 shares.

CBS Corporation (NYSE:CBS) Institutional Positions Chart