Trending Stock News

Westpac Banking Continues to Hold Position in Fiserv (FISV); Altria Group (MO) Holder Covington Investment Advisors Has Trimmed Its Holding

Covington Investment Advisors Inc decreased its stake in Altria Group Inc (MO) by 22.75% based on its latest 2017Q3 regulatory filing with the SEC. Covington Investment Advisors Inc sold 25,000 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 84,910 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $5.39 million, down from 109,910 at the end of the previous reported quarter. Covington Investment Advisors Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $122.89B market cap company. The stock increased 0.69% or $0.445 during the last trading session, reaching $64.635. About 2.64M shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since February 21, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Westpac Banking Corp increased its stake in Fiserv Inc (FISV) by 323.3% based on its latest 2017Q3 regulatory filing with the SEC. Westpac Banking Corp bought 44,609 shares as the company’s stock rose 7.77% with the market. The institutional investor held 58,407 shares of the technology company at the end of 2017Q3, valued at $7.53 million, up from 13,798 at the end of the previous reported quarter. Westpac Banking Corp who had been investing in Fiserv Inc for a number of months, seems to be bullish on the $29.56B market cap company. The stock increased 0.09% or $0.13 during the last trading session, reaching $141.84. About 519,105 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 18.57% since February 21, 2017 and is uptrending. It has outperformed by 1.87% the S&P500.

Among 24 analysts covering Fiserv (NASDAQ:FISV), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. Fiserv had 57 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 9 by Monness Crespi. BMO Capital Markets initiated Fiserv, Inc. (NASDAQ:FISV) rating on Friday, January 6. BMO Capital Markets has “Market Perform” rating and $109 target. The rating was maintained by Cowen & Co with “Hold” on Monday, July 10. Guggenheim maintained Fiserv, Inc. (NASDAQ:FISV) rating on Thursday, February 8. Guggenheim has “Buy” rating and $153.0 target. Cantor Fitzgerald maintained the stock with “Hold” rating in Tuesday, June 20 report. Wedbush initiated the shares of FISV in report on Friday, September 9 with “Outperform” rating. As per Wednesday, January 17, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Wednesday, October 11 by Jefferies. Compass Point initiated the stock with “Sell” rating in Friday, April 15 report. On Monday, February 5 the stock rating was maintained by Stephens with “Hold”.

Since August 23, 2017, it had 0 buys, and 6 selling transactions for $9.18 million activity. Shares for $1.31M were sold by VIELEHR BYRON C. Shares for $762,683 were sold by ROBAK KIM M on Monday, September 18. 3,439 Fiserv, Inc. (NASDAQ:FISV) shares with value of $452,263 were sold by Schultz Kevin J.

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.02, from 0.75 in 2017Q2. It dropped, as 41 investors sold FISV shares while 269 reduced holdings. 47 funds opened positions while 179 raised stakes. 180.11 million shares or 0.28% less from 180.62 million shares in 2017Q2 were reported. Moreover, Sumitomo Mitsui Asset Communications Limited has 0.03% invested in Fiserv, Inc. (NASDAQ:FISV) for 16,552 shares. Woodley Farra Manion Mngmt stated it has 252,006 shares or 3.77% of all its holdings. Burney Com stated it has 0.07% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Moreover, Gamble Jones Invest Counsel has 0.21% invested in Fiserv, Inc. (NASDAQ:FISV) for 15,881 shares. Peddock Capital accumulated 14,153 shares. First Interstate Savings Bank holds 0.04% of its portfolio in Fiserv, Inc. (NASDAQ:FISV) for 1,360 shares. Cibc Asset Management owns 107,407 shares or 0.09% of their US portfolio. 37,850 are held by Chase Investment Counsel Corp. South State Corporation accumulated 62,624 shares or 0.9% of the stock. Employees Retirement Of Texas stated it has 20,100 shares or 0.03% of all its holdings. Obermeyer Wood Invest Counsel Lllp has invested 0.02% in Fiserv, Inc. (NASDAQ:FISV). Washington-based Marshall And Sullivan Incorporated Wa has invested 4.58% in Fiserv, Inc. (NASDAQ:FISV). Findlay Park Ltd Liability Partnership holds 1.05 million shares. Great West Life Assurance Can stated it has 206,601 shares or 0.07% of all its holdings. Covey Cap Advsrs Ltd Llc reported 6,000 shares or 1.13% of all its holdings.

Westpac Banking Corp, which manages about $4.54 billion US Long portfolio, decreased its stake in Texas Instrs Inc (NASDAQ:TXN) by 3,875 shares to 142,402 shares, valued at $12.76M in 2017Q3, according to the filing. It also reduced its holding in Autodesk Inc (NASDAQ:ADSK) by 5,974 shares in the quarter, leaving it with 12,316 shares, and cut its stake in Trinity Inds Inc (NYSE:TRN).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. It dropped, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Hendershot Invests Inc, Virginia-based fund reported 7,619 shares. The Illinois-based Prudential Public Limited has invested 0.47% in Altria Group, Inc. (NYSE:MO). Macguire Cheswick And Tuttle Invest Counsel Ltd Liability Com owns 5,000 shares or 0.06% of their US portfolio. Aviance Ltd owns 0.02% invested in Altria Group, Inc. (NYSE:MO) for 3,529 shares. Cantab Cap Partners Llp stated it has 32,760 shares. Foothills Asset reported 1.46% of its portfolio in Altria Group, Inc. (NYSE:MO). Opus Invest Inc owns 31,000 shares or 0.36% of their US portfolio. Corda Investment Mgmt Ltd Limited Liability Company invested in 0.29% or 35,691 shares. Rdl Financial accumulated 0.41% or 9,066 shares. Moreover, Mitchell Mcleod Pugh & Williams has 0.86% invested in Altria Group, Inc. (NYSE:MO). Raymond James Na has invested 0.51% in Altria Group, Inc. (NYSE:MO). 3,900 are owned by Stillwater Invest Mngmt Limited Liability. Pitcairn Co invested in 0.18% or 25,074 shares. 4,413 are held by Welch Group Limited Co. Tocqueville Asset LP accumulated 36,462 shares.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on May, 1. They expect $0.94 earnings per share, up 28.77% or $0.21 from last year’s $0.73 per share. MO’s profit will be $1.79 billion for 17.19 P/E if the $0.94 EPS becomes a reality. After $0.91 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth.

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Altria Group Inc. had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Monday, July 31 by RBC Capital Markets. The firm has “Buy” rating by Cowen & Co given on Monday, January 8. The company was maintained on Friday, September 8 by Cowen & Co. The firm earned “Hold” rating on Monday, February 5 by RBC Capital Markets. On Thursday, March 30 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of Altria Group, Inc. (NYSE:MO) earned “Hold” rating by RBC Capital Markets on Monday, November 6. Cowen & Co maintained Altria Group, Inc. (NYSE:MO) rating on Friday, July 7. Cowen & Co has “Hold” rating and $7400 target. The stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Edward Jones on Wednesday, November 1. Cowen & Co upgraded the stock to “Outperform” rating in Tuesday, September 26 report. The stock has “Overweight” rating by PiperJaffray on Friday, February 2.

Since September 21, 2017, it had 0 insider buys, and 3 sales for $3.37 million activity. Johnson Craig A. sold $995,734 worth of stock. Shares for $1.96M were sold by DEVITRE DINYAR S on Thursday, September 21.

Leave a Reply

Your email address will not be published. Required fields are marked *