Syntel, Inc. (SYNT) Rises A lot Today, Is Now One of The Best Performer

February 15, 2018 - By Adrian Erickson

Investors sentiment increased to 1.71 in 2017 Q3. Its up 0.47, from 1.24 in 2017Q2. It improved, as 10 investors sold Syntel, Inc. shares while 31 reduced holdings. 25 funds opened positions while 45 raised stakes. 29.77 million shares or 4.49% more from 28.49 million shares in 2017Q2 were reported.
Schwab Charles Invest Mngmt Inc holds 204,047 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement Sys accumulated 17,179 shares. Citadel Limited Co has 81,299 shares for 0% of their portfolio. Manufacturers Life Insurance The has 0% invested in Syntel, Inc. (NASDAQ:SYNT). Prelude Capital Limited Liability Co accumulated 5,544 shares. Blackrock Incorporated invested in 2.13 million shares. Bnp Paribas Arbitrage reported 3,413 shares or 0% of all its holdings. Jefferies Limited Liability Corporation has invested 0% in Syntel, Inc. (NASDAQ:SYNT). Connor Clark & Lunn Investment Mngmt Limited has 0% invested in Syntel, Inc. (NASDAQ:SYNT) for 13,325 shares. Huber Capital Mngmt Ltd Liability Com holds 19,377 shares or 0.02% of its portfolio. Envestnet Asset Mgmt Incorporated holds 0% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 1,564 shares. Us Bank De stated it has 0% in Syntel, Inc. (NASDAQ:SYNT). Federated Investors Inc Pa has invested 0.01% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). Hsbc Public Ltd Limited Liability Company, a United Kingdom-based fund reported 58,552 shares. Zebra Mngmt Limited Liability Corporation invested in 120,108 shares.

Since August 29, 2017, it had 0 insider buys, and 8 sales for $77,278 activity. Garg Sanjay also sold $15,877 worth of Syntel, Inc. (NASDAQ:SYNT) shares. 1,000 shares were sold by Aggarwal Rahul B., worth $23,632 on Wednesday, October 25. Gangidi Narendar Reddy sold 61 shares worth $1,553.

The stock of Syntel, Inc. (NASDAQ:SYNT) is a huge mover today! The stock increased 14.65% or $3.21 during the last trading session, reaching $25.12. About 889,430 shares traded or 126.83% up from the average. Syntel, Inc. (NASDAQ:SYNT) has declined 32.64% since February 15, 2017 and is downtrending. It has underperformed by 49.34% the S&P500.
The move comes after 7 months positive chart setup for the $2.08B company. It was reported on Feb, 15 by Barchart.com. We have $26.38 PT which if reached, will make NASDAQ:SYNT worth $104.05M more.

Syntel, Inc. (NASDAQ:SYNT) Ratings Coverage

Among 12 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. Syntel Inc. had 33 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Buy” rating by Suntrust Robinson on Thursday, September 10. The rating was initiated by SunTrust with “Buy” on Thursday, September 10. The rating was upgraded by JP Morgan to “Neutral” on Monday, January 11. The rating was maintained by Robert W. Baird on Wednesday, October 5 with “Neutral”. William Blair upgraded Syntel, Inc. (NASDAQ:SYNT) on Wednesday, October 18 to “Market Perform” rating. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Buy” rating given on Tuesday, January 10 by Loop Capital. SunTrust maintained the stock with “Hold” rating in Tuesday, October 17 report. The firm has “Hold” rating given on Friday, September 1 by Robert W. Baird. The rating was downgraded by SunTrust on Monday, October 24 to “Hold”. Cantor Fitzgerald initiated the stock with “Hold” rating in Friday, October 16 report.

More news for Syntel, Inc. (NASDAQ:SYNT) were recently published by: Benzinga.com, which released: “Mid-Morning Market Update: Markets Open Higher; Cisco Profit Tops Estimates” on February 15, 2018. Benzinga.com‘s article titled: “40 Stocks Moving In Thursday’s Mid-Day Session” and published on February 15, 2018 is yet another important article.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.08 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 12.25 P/E ratio. It offers managed services, including software applications development, maintenance, and digital modernization testing, as well as IT infrastructure, cloud, and migration services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.