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As Servisfirst Bancshares (SFBS) Share Price Rose, Welch Group Has Cut Position by $682,120; Page Arthur B Has Raised Fiserv (FISV) Stake by $1.85 Million

Fiserv, Inc. (NASDAQ:FISV) Logo

Page Arthur B increased its stake in Fiserv (FISV) by 93.43% based on its latest 2018Q1 regulatory filing with the SEC. Page Arthur B bought 26,011 shares as the company’s stock declined 1.25% with the market. The institutional investor held 53,852 shares of the technology company at the end of 2018Q1, valued at $3.84 million, up from 27,841 at the end of the previous reported quarter. Page Arthur B who had been investing in Fiserv for a number of months, seems to be bullish on the $31.06 billion market cap company. It closed at $75.85 lastly. It is down 15.27% since June 14, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Welch Group Llc decreased its stake in Servisfirst Bancshares (SFBS) by 7.42% based on its latest 2018Q1 regulatory filing with the SEC. Welch Group Llc sold 17,053 shares as the company’s stock rose 1.23% while stock markets declined. The institutional investor held 212,890 shares of the finance company at the end of 2018Q1, valued at $8.69M, down from 229,943 at the end of the previous reported quarter. Welch Group Llc who had been investing in Servisfirst Bancshares for a number of months, seems to be less bullish one the $2.30B market cap company. The stock decreased 0.60% or $0.26 during the last trading session, reaching $43.22. About 150,574 shares traded or 7.40% up from the average. ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has risen 19.97% since June 14, 2017 and is uptrending. It has outperformed by 7.40% the S&P500.

Another recent and important ServisFirst Bancshares, Inc. (NASDAQ:SFBS) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind ServisFirst Bancshares, Iovance Biotherapeutics, Inc., MarineMax …” on May 29, 2018.

Analysts await ServisFirst Bancshares, Inc. (NASDAQ:SFBS) to report earnings on July, 16. They expect $0.58 EPS, up 28.89% or $0.13 from last year’s $0.45 per share. SFBS’s profit will be $30.83M for 18.63 P/E if the $0.58 EPS becomes a reality. After $0.60 actual EPS reported by ServisFirst Bancshares, Inc. for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

Welch Group Llc, which manages about $645.12M and $789.75 million US Long portfolio, upped its stake in Consolidated Edison Inc (NYSE:ED) by 67,267 shares to 279,983 shares, valued at $21.82M in 2018Q1, according to the filing. It also increased its holding in 3M Company (NYSE:MMM) by 20,766 shares in the quarter, for a total of 107,160 shares, and has risen its stake in Cincinnati Financial Cp (NASDAQ:CINF).

Among 4 analysts covering ServisFirst Bancshares (NASDAQ:SFBS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. ServisFirst Bancshares had 13 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James to “Outperform” on Monday, October 5. The rating was downgraded by Sandler O’Neill to “Hold” on Thursday, October 1. The stock of ServisFirst Bancshares, Inc. (NASDAQ:SFBS) earned “Outperform” rating by Raymond James on Tuesday, August 25. The rating was maintained by Hovde Group with “Market Perform” on Tuesday, October 18. The firm has “Market Perform” rating given on Tuesday, October 18 by Raymond James. The rating was maintained by Hovde Group with “Hold” on Tuesday, January 23. The firm earned “Hold” rating on Wednesday, March 28 by Sandler O’Neill. Hovde Group downgraded the shares of SFBS in report on Friday, November 18 to “Underperform” rating. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, January 23. Hovde Group maintained ServisFirst Bancshares, Inc. (NASDAQ:SFBS) on Tuesday, January 31 with “Underperform” rating.

Investors sentiment increased to 10.53 in 2018 Q1. Its up 9.72, from 0.81 in 2017Q4. It improved, as 39 investors sold FISV shares while 21 reduced holdings. 70 funds opened positions while 562 raised stakes. 700.79 million shares or 293.94% more from 177.89 million shares in 2017Q4 were reported. Cue Financial Group Inc Inc holds 0.83% of its portfolio in Fiserv, Inc. (NASDAQ:FISV) for 17,559 shares. Kensico Management Corporation invested 2% in Fiserv, Inc. (NASDAQ:FISV). The Arizona-based Tci Wealth Advsrs has invested 0% in Fiserv, Inc. (NASDAQ:FISV). Westwood Il stated it has 2.83% in Fiserv, Inc. (NASDAQ:FISV). Proshare Lc reported 0.13% stake. The Netherlands-based Shell Asset has invested 0.24% in Fiserv, Inc. (NASDAQ:FISV). Nelson Van Denburg And Campbell Wealth Management Grp Inc Limited Company invested in 26,603 shares or 0.45% of the stock. Lenox Wealth Mngmt stated it has 80 shares or 0% of all its holdings. Welch Group Inc Limited Co has invested 0.02% in Fiserv, Inc. (NASDAQ:FISV). Jlb & Associates stated it has 0.04% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Mitchell Capital holds 1.35% or 52,425 shares. Argi Ltd invested in 4,816 shares. 1St Source Bancshares reported 4,440 shares or 0.03% of all its holdings. 28,631 were accumulated by Ww Asset Management. Sei Invests owns 275,726 shares or 0.08% of their US portfolio.

Since December 15, 2017, it had 1 buying transaction, and 6 selling transactions for $14.51 million activity. $2.36M worth of Fiserv, Inc. (NASDAQ:FISV) shares were sold by YABUKI JEFFERY W. DiSimone Harry bought $49,981 worth of stock or 353 shares. $1.31 million worth of stock was sold by VIELEHR BYRON C on Friday, December 15. Shares for $757,493 were sold by ROBAK KIM M on Wednesday, May 30.

More news for Fiserv, Inc. (NASDAQ:FISV) were recently published by: Seekingalpha.com, which released: “Fiserv Stays Ahead With Innovative Solutions” on May 24, 2018. Nasdaq.com‘s article titled: “3 Fast-Growing Fintech Stocks to Buy” and published on May 29, 2018 is yet another important article.

Page Arthur B, which manages about $110.47M US Long portfolio, decreased its stake in 3M (NYSE:MMM) by 1,776 shares to 19,778 shares, valued at $4.34 million in 2018Q1, according to the filing. It also reduced its holding in Mastercard (NYSE:MA) by 1,887 shares in the quarter, leaving it with 28,313 shares, and cut its stake in Schlumberger (NYSE:SLB).

Fiserv, Inc. (NASDAQ:FISV) Institutional Positions Chart

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