ConduentCNDT
About: Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of revenue is generated in the United States.
Employees: 59,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,117% more call options, than puts
Call options by funds: $399K | Put options by funds: $18K
3% less funds holding
Funds holding: 209 [Q1] → 202 (-7) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 65
20.87% less ownership
Funds ownership: 76.46% [Q1] → 55.59% (-20.87%) [Q2]
23% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 31
32% less capital invested
Capital invested by funds: $543M [Q1] → $371M (-$172M) [Q2]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for CNDT.