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Cummins (CMI) Shareholder First Eagle Investment Management Has Decreased Its Stake by $2.47 Million as Stock Price Declined; Fiserv Wisconsin (FISV) Valuation Declined While Glenview State Bank Trust Has Boosted by $509,567 Its Holding

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Glenview State Bank Trust increased its stake in Fiserv Incorporated Wisconsin (FISV) by 100% based on its latest 2018Q1 regulatory filing with the SEC. Glenview State Bank Trust bought 7,177 shares as the company’s stock declined 1.25% with the market. The institutional investor held 14,354 shares of the technology company at the end of 2018Q1, valued at $1.02M, up from 7,177 at the end of the previous reported quarter. Glenview State Bank Trust who had been investing in Fiserv Incorporated Wisconsin for a number of months, seems to be bullish on the $31.25 billion market cap company. The stock increased 0.22% or $0.17 during the last trading session, reaching $76.33. About 167,432 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 15.27% since June 20, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Jean decreased its stake in Cummins Inc (CMI) by 0.77% based on its latest 2018Q1 regulatory filing with the SEC. First Eagle Investment Management Llc sold 15,265 shares as the company’s stock declined 14.62% with the market. The hedge fund run by Jean held 1.97M shares of the industrial machinery and components company at the end of 2018Q1, valued at $319.52 million, down from 1.99M at the end of the previous reported quarter. First Eagle Investment Management Llc who had been investing in Cummins Inc for a number of months, seems to be less bullish one the $22.87 billion market cap company. The stock decreased 0.38% or $0.53 during the last trading session, reaching $139.24. About 107,234 shares traded. Cummins Inc. (NYSE:CMI) has declined 5.98% since June 20, 2017 and is downtrending. It has underperformed by 18.55% the S&P500. Some Historical CMI News: 14/04/2018 – Cummins Could Regain Its Highs — Barron’s; 20/03/2018 – Cummins Announces Sponsorship of the Nonprofit Federal Alliance for Safe Homes #HurricaneStrong Initiative to Raise Awareness o; 18/04/2018 – Cummins Closes Above 200-Day Moving Average: Technicals; 24/05/2018 – CUMMINS INDIA 4Q OTHER INCOME 664M RUPEES; 24/05/2018 – BSE Mumbai Bourse: Results from KPIT Cummins Infosystems for Jan 01 to Mar 31; 01/05/2018 – Cummins Had Seen 2018 Revenue Up 4%-8%; 24/04/2018 – LOUDSPRING OYJ – LOUDSPRING PORTFOLIO COMPANY ENERSIZE SIGNS REVENUE SHARING AGREEMENT WITH BEIJING FOTON CUMMINS; 19/04/2018 – Indy Biz Journal: Cummins considering $3B deal for GE engine business; 05/04/2018 – Teamsters: Cummins Workers Across America Remember Dr. King, Continue Fight For Affordable Health Care; 13/04/2018 – Cummins Could Regain Its Highs — Barrons.com

Among 30 analysts covering Cummins (NYSE:CMI), 8 have Buy rating, 2 Sell and 20 Hold. Therefore 27% are positive. Cummins had 117 analyst reports since July 22, 2015 according to SRatingsIntel. Longbow downgraded Cummins Inc. (NYSE:CMI) on Thursday, October 12 to “Neutral” rating. Stifel Nicolaus maintained the shares of CMI in report on Monday, September 4 with “Hold” rating. The firm has “Hold” rating by Jefferies given on Thursday, September 1. Standpoint Research upgraded Cummins Inc. (NYSE:CMI) rating on Friday, August 21. Standpoint Research has “Buy” rating and $148 target. Bank of America downgraded the stock to “Underperform” rating in Tuesday, December 1 report. The stock of Cummins Inc. (NYSE:CMI) has “Hold” rating given on Friday, October 20 by Jefferies. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, October 10. Buckingham Research maintained the shares of CMI in report on Wednesday, November 1 with “Buy” rating. Oppenheimer initiated the shares of CMI in report on Wednesday, December 6 with “Buy” rating. Piper Jaffray maintained it with “Overweight” rating and $132 target in Thursday, April 21 report.

Analysts await Cummins Inc. (NYSE:CMI) to report earnings on August, 7. They expect $3.63 EPS, up 43.48% or $1.10 from last year’s $2.53 per share. CMI’s profit will be $596.33M for 9.59 P/E if the $3.63 EPS becomes a reality. After $3.30 actual EPS reported by Cummins Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.

More news for Cummins Inc. (NYSE:CMI) were recently published by: Seekingalpha.com, which released: “Cummins: This Large Cap Provides Good Dividends And Could Appreciate By More Than 17%” on June 20, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Independent Bank, Teradyne, Cummins, Concho Resources, Ameren, and Aflac Market …” and published on June 11, 2018 is yet another important article.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.37, from 1.27 in 2017Q4. It is negative, as 70 investors sold CMI shares while 284 reduced holdings. 71 funds opened positions while 246 raised stakes. 128.35 million shares or 2.63% less from 131.82 million shares in 2017Q4 were reported. Oppenheimer Asset Inc, a New York-based fund reported 6,775 shares. 2,430 are owned by Staley Capital Advisers Inc. De Burlo Grp Inc Incorporated Inc holds 0.07% or 2,100 shares in its portfolio. Pictet Asset Ltd, a United Kingdom-based fund reported 182,306 shares. Meeder Asset Mgmt Incorporated has 0.34% invested in Cummins Inc. (NYSE:CMI). Johnson Invest Counsel Inc invested 0.02% of its portfolio in Cummins Inc. (NYSE:CMI). Bessemer Group Inc Inc accumulated 928 shares. Prelude Capital Mngmt Limited Liability Company has 1,296 shares. Rhumbline Advisers accumulated 336,367 shares. South Dakota-based South Dakota Invest Council has invested 0.02% in Cummins Inc. (NYSE:CMI). Lpl Financial Limited Liability has 0.03% invested in Cummins Inc. (NYSE:CMI). Evergreen Cap Mngmt Limited Liability Company holds 2,349 shares. First Mercantile Co stated it has 1,459 shares or 0.05% of all its holdings. Clarivest Asset Mngmt Llc owns 7 shares. Jpmorgan Chase And has 0.03% invested in Cummins Inc. (NYSE:CMI) for 992,056 shares.

First Eagle Investment Management Llc, which manages about $40.13 billion US Long portfolio, upped its stake in Albemarle Corp (NYSE:ALB) by 492,415 shares to 493,915 shares, valued at $45.81 million in 2018Q1, according to the filing. It also increased its holding in Newlink Genetics Corp (NASDAQ:NLNK) by 2.34M shares in the quarter, for a total of 2.35 million shares, and has risen its stake in Union Pac Corp (NYSE:UNP).

Since January 17, 2018, it had 1 insider buy, and 6 insider sales for $14.51 million activity. OLEARY DENIS had sold 12,160 shares worth $1.73M on Friday, February 16. On Wednesday, February 21 DiSimone Harry bought $49,981 worth of Fiserv, Inc. (NASDAQ:FISV) or 353 shares. 10,388 Fiserv, Inc. (NASDAQ:FISV) shares with value of $757,493 were sold by ROBAK KIM M.

Among 24 analysts covering Fiserv (NASDAQ:FISV), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. Fiserv had 61 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets on Wednesday, October 28 with “Hold”. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Neutral” rating given on Friday, December 11 by Credit Suisse. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Buy” rating given on Tuesday, October 4 by Monness Crespi & Hardt. BMO Capital Markets maintained the stock with “Market Perform” rating in Tuesday, August 1 report. Stephens maintained Fiserv, Inc. (NASDAQ:FISV) on Monday, February 5 with “Hold” rating. Robert W. Baird maintained Fiserv, Inc. (NASDAQ:FISV) on Tuesday, October 10 with “Buy” rating. The firm has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. On Thursday, February 8 the stock rating was maintained by Credit Suisse with “Neutral”. Compass Point initiated Fiserv, Inc. (NASDAQ:FISV) rating on Friday, April 15. Compass Point has “Sell” rating and $85 target. The rating was maintained by Credit Suisse on Wednesday, May 2 with “Neutral”.

More recent Fiserv, Inc. (NASDAQ:FISV) news were published by: Businesswire.com which released: “Sioux Valley CCU and Coulee Dam FCU Move to Fiserv to Enhance Member Experience and Streamline Technology” on June 19, 2018. Also Globenewswire.com published the news titled: “Recent Analysis Shows Carpenter Technology, Fiserv, WR Grace, Hannon Armstrong Sustainable Infrastructure …” on June 20, 2018. Seekingalpha.com‘s news article titled: “Fiserv Stays Ahead With Innovative Solutions” with publication date: May 24, 2018 was also an interesting one.

Cummins Inc. (NYSE:CMI) Institutional Positions Chart

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