Cummins Inc (NYSE:CMI) Sentiment Up, Despite

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.57 and a quick ratio of 1.01. The ratio has increased, as 379 hedge funds increased or opened new holdings, while 298 decreased and sold their stakes in Cummins Inc. 131.82 million shares or 0.31% less from 132.23 million shares in 2017Q3 were reported. It increased, as 47 investors sold CMI shares while 251 reduced holdings. Victory Capital Management Inc. lifted its stake in shares of Cummins by 104.5% in the fourth quarter. Apple Inc now has $854.36B valuation. The stock decreased 0.74% or $0.81 during the last trading session, reaching $108.6. About 35.01 million shares traded. It is down 0.00% since April 8, 2017 and is.

Analysts await Amazon.com, Inc. Therefore 64% are positive. United States Steel Corporation had 107 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, November 16 by Melius Research. The firm has "Buy" rating given on Thursday, February 22 by Wells Fargo. Valeo Financial Advisors LLC acquired a new position in Cummins during the 3rd quarter worth approximately $1,195,000. (NASDAQ:AMZN) rating on Friday, October 27. BMO Capital Markets maintained the stock with "Underperform" rating in Friday, November 10 report. (NYSE:CMI) with "Hold" rating. (NYSE:CMI) has 31 ratings reports on 7 April 2018 according to StockzIntelligence. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Neutral" rating given on Wednesday, April 6 by Stifel Nicolaus. The rating was maintained by Jefferies on Friday, October 20 with "Hold".

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. Pacific Glob Inv has 1,155 shares for 0.04% of their portfolio. (NASDAQ:AMZN). 254,321 are held by Amundi Pioneer Asset Management. Vantage Investment Advsrs Llc holds 0.01% or 170 shares. Tocqueville Asset Management LP holds 1.66% in Apple Inc. (NASDAQ:AMZN). Rockefeller Fincl invested in 2.02% or 109,305 shares. (NYSE:CMI) for 1,520 shares. (NASDAQ:AAPL). 625,621 are held by Northwestern Mutual Wealth Management. (NYSE:CMI). Kepos Ltd Partnership stated it has 0.37% of its portfolio in Cummins Inc. (NASDAQ:AAPL). Goodman Fin reported 4.11% in Apple Inc.

A number of research analysts have weighed in on CMI shares. 36,510 were accumulated by Sentry Investments.

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Foster & Motley Inc, which manages about $913.18M and $625.77 million US Long portfolio, decreased its stake in Equifax Inc (NYSE:EFX) by 3,663 shares to 4,213 shares, valued at $497,000 in 2017Q4, according to the filing. Barclays Bk Plc (Call) was reduced too. Riccio Daniel J. sold $2.73 million worth of stock. 5,141 shares were sold by Drell Persis, worth $1.13M. Piper Jaffray set a $164.00 price target on shares of Cummins and gave the company a "hold" rating in a research report on Thursday. William Blair set a $110.00 price target on Cummins and gave the stock a "hold" rating in a research report on Thursday, September 8th. The average 12-month price target among brokers that have updated their coverage on the stock in the previous year is $185.33. CMI was included in 31 notes of analysts from October 10, 2017. As per Wednesday, November 1, the company rating was maintained by Robert W. Baird. The company was upgraded on Monday, August 24 by Standpoint Research. Palo Capital Inc bought 1,749 shares as the company's stock declined 9.68% with the market. (NYSE:CMI) has "Buy" rating given on Thursday, January 19 by Longbow. Oppenheimer initiated the shares of CMI in report on Wednesday, December 6 with "Buy" rating. The stock has "Sell" rating by Deutsche Bank on Wednesday, October 12. (NYSE:CMI) rating on Monday, February 5.

Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. The Company operates through four segments: Engine, Distribution, Components and Power Generation. It has a 26.45 P/E ratio. The Blue Chip Partners Inc holds 17,160 shares with $2.07M value, up from 12,733 last quarter.

A total of 20 analysts rate Cummins (NYSE:CMI) as follows: 7 "Buy", 12 "Hold" and 1 "Sell". During the same quarter in the prior year, the firm posted $2.25 earnings per share. After $3.03 actual earnings per share reported by Cummins Inc. for the previous quarter, Wall Street now forecasts -4.62% negative EPS growth. Amer National Registered Investment Advisor holds 0.32% of its portfolio in Cummins Inc. Marshfield Associates owns 557,537 shares or 6.44% of their USA portfolio. Cornerstone Capital Management Holdings LLC. now owns 289,796 shares of the company's stock worth $51,188,000 after purchasing an additional 26,092 shares during the period. The Indiana-based Kessler Investment Group Llc has invested 4.16% in the stock. Cincinnati Insurance, a Ohio-based fund reported 666,500 shares. The stock decreased 2.78% or $4.52 during the last trading session, reaching $157.9. The stock becomes active when traders or investors changed hands with 2,072,632 shares contrast to the three-month volume average of 1.49M shares. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 8, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

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