The EVP – CPO and Global Head of HR of Virtusa (VRTU), Sundararajan Narayanan Unloaded 3,422 Shares; Bank Of Nova Scotia Trust Company Has Cut Toronto Dominion Bk Ont (TD) Holding

EVP – CPO and Global Head of HR, Sundararajan Narayanan is the Virtusa Corp’s insider that made a sale of shares of Virtusa Corp, 3,422 to be exact. The reported shares were calculated based on a stock price per share $50.0, with Sundararajan Narayanan’s sale valued at near $171,081 US Dollars. The probability of this transaction staying disregarded is very little, with the EVP – CPO and Global Head of HR today having rights to 35,418 shares —- that is 0.12% of the market capitalization of the company.

Bank Of Nova Scotia Trust Company decreased Toronto Dominion Bk Ont (TD) stake by 1.18% reported in 2017Q3 SEC filing. Bank Of Nova Scotia Trust Company sold 13,355 shares as Toronto Dominion Bk Ont (TD)’s stock declined 12.05%. The Bank Of Nova Scotia Trust Company holds 1.12 million shares with $63.02 million value, down from 1.13M last quarter. Toronto Dominion Bk Ont now has $106.67 billion valuation. The stock decreased 0.22% or $0.13 during the last trading session, reaching $57.9. About 57,084 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since March 19, 2017 and is uptrending. It has underperformed by 8.03% the S&P500.

Analysts await The Toronto-Dominion Bank (NYSE:TD) to report earnings on May, 24. They expect $1.16 EPS, up 16.00% or $0.16 from last year’s $1 per share. TD’s profit will be $2.14B for 12.48 P/E if the $1.16 EPS becomes a reality. After $1.23 actual EPS reported by The Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts -5.69% negative EPS growth.

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse on Tuesday, May 3 to “Outperform”. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Friday, September 1 by National Bank Canada. BMO Capital Markets maintained it with “Outperform” rating and $57 target in Monday, August 31 report. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Sector Perform” rating given on Monday, March 13 by RBC Capital Markets. The firm has “Sector Performer” rating given on Friday, August 26 by IBC. The stock has “Buy” rating by Bank of America on Tuesday, January 30. The rating was maintained by Citigroup with “Buy” on Wednesday, September 14. The firm has “Neutral” rating by Credit Suisse given on Monday, September 21. As per Friday, August 28, the company rating was maintained by RBC Capital Markets. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Equal-Weight” rating given on Tuesday, May 23 by Barclays Capital.

Bank Of Nova Scotia Trust Company increased Praxair Inc (NYSE:PX) stake by 8,877 shares to 25,513 valued at $3.57 million in 2017Q3. It also upped Visa Inc (NYSE:V) stake by 3,697 shares and now owns 89,567 shares. Walgreens Boots Alliance Inc was raised too.

Virtusa Corporation operates as an information technology services company. The company has market cap of $1.44 billion. It offers business and IT consulting services comprising advisory/target operating model, business process re-engineering/BPM, transformational solution consulting, and business/technology alignment analysis; omni-channel digital strategy, experience design ASD, and employee engagement; and application portfolio rationalization, SDLC transformation, and BA competency transformation services. It has a 247.73 P/E ratio. The firm also provides technology implementation services, such as application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and legacy application Web-enablement; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services.

Investors sentiment increased to 1.5 in Q3 2017. Its up 0.70, from 0.8 in 2017Q2. It increased, as 10 investors sold Virtusa Corporation shares while 54 reduced holdings. 21 funds opened positions while 30 raised stakes. 25.23 million shares or 4.91% less from 26.53 million shares in 2017Q2 were reported. State Of Tennessee Treasury Department reported 0% in Virtusa Corporation (NASDAQ:VRTU). Macquarie Group Incorporated Limited holds 1,100 shares or 0% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 812 shares. California State Teachers Retirement Sys owns 43,303 shares for 0% of their portfolio. Schwab Charles Investment Mgmt has invested 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Victory Mngmt invested in 3,444 shares. Piedmont Invest Advsrs Lc holds 0% in Virtusa Corporation (NASDAQ:VRTU) or 5,930 shares. Barclays Public Lc accumulated 2,772 shares or 0% of the stock. Citadel Advsrs Limited Liability Corporation holds 0% or 109,197 shares. Paw Capital Corp invested in 1.98% or 50,000 shares. Granahan Invest Mngmt Inc Ma holds 1.63% or 516,612 shares. Swiss Comml Bank invested 0% in Virtusa Corporation (NASDAQ:VRTU). Hutchin Hill Capital Lp stated it has 0.03% in Virtusa Corporation (NASDAQ:VRTU). Deutsche Savings Bank Ag invested in 27,748 shares or 0% of the stock. 3,474 are owned by Sg Americas Secs Llc.

The stock decreased 0.26% or $0.13 during the last trading session, reaching $49.05. About 5,565 shares traded. Virtusa Corporation (NASDAQ:VRTU) has declined 13.10% since March 19, 2017 and is downtrending. It has underperformed by 29.80% the S&P500.

Since September 22, 2017, it had 0 insider buys, and 16 sales for $8.79 million activity. 3,000 Virtusa Corporation (NASDAQ:VRTU) shares with value of $142,808 were sold by Canekeratne Kris A. 4,025 shares valued at $191,356 were sold by Rajgopal Raj on Thursday, March 1. $625,351 worth of Virtusa Corporation (NASDAQ:VRTU) shares were sold by Modder Roger Keith. The insider DAVOLI ROBERT E sold $68,186. Shares for $883,273 were sold by Holler Thomas R on Thursday, March 15.

Analysts await Virtusa Corporation (NASDAQ:VRTU) to report earnings on May, 15. They expect $0.37 EPS, up 48.00% or $0.12 from last year’s $0.25 per share. VRTU’s profit will be $10.89M for 33.14 P/E if the $0.37 EPS becomes a reality. After $0.19 actual EPS reported by Virtusa Corporation for the previous quarter, Wall Street now forecasts 94.74% EPS growth.

Among 10 analysts covering Virtusa (NASDAQ:VRTU), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Virtusa has $67 highest and $24 lowest target. $56.11’s average target is 14.39% above currents $49.05 stock price. Virtusa had 36 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Cowen & Co on Friday, February 19. As per Wednesday, November 4, the company rating was maintained by Maxim Group. As per Thursday, February 8, the company rating was maintained by SunTrust. Needham maintained the stock with “Buy” rating in Wednesday, July 29 report. The stock of Virtusa Corporation (NASDAQ:VRTU) earned “Buy” rating by Maxim Group on Wednesday, June 29. The stock of Virtusa Corporation (NASDAQ:VRTU) earned “Buy” rating by Cowen & Co on Thursday, October 12. Wedbush maintained the stock with “Neutral” rating in Tuesday, March 13 report. The rating was maintained by Maxim Group on Thursday, February 8 with “Buy”. The firm has “Outperform” rating given on Tuesday, February 9 by Barrington Research. Cantor Fitzgerald maintained it with “Buy” rating and $60 target in Wednesday, March 14 report.

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