Foot Locker (FL) Market Value Rose While Jane Street Group Has Cut Its Holding by $3.26 Million; Fiserv (FISV) Stake Boosted by Longview Partners Guernsey Ltd

June 23, 2018 - By Maria Brooks

Fiserv, Inc. (NASDAQ:FISV) Logo

Longview Partners Guernsey Ltd increased its stake in Fiserv Inc (FISV) by 40.17% based on its latest 2018Q1 regulatory filing with the SEC. Longview Partners Guernsey Ltd bought 2.19 million shares as the company’s stock declined 1.25% with the market. The institutional investor held 7.64 million shares of the technology company at the end of 2018Q1, valued at $544.64 million, up from 5.45M at the end of the previous reported quarter. Longview Partners Guernsey Ltd who had been investing in Fiserv Inc for a number of months, seems to be bullish on the $30.94 billion market cap company. The stock decreased 0.28% or $0.21 during the last trading session, reaching $75.57. About 1.55 million shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 15.27% since June 23, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Jane Street Group Llc decreased its stake in Foot Locker Inc (FL) by 91.69% based on its latest 2018Q1 regulatory filing with the SEC. Jane Street Group Llc sold 72,347 shares as the company’s stock rose 13.02% while stock markets declined. The institutional investor held 6,553 shares of the consumer services company at the end of 2018Q1, valued at $298,000, down from 78,900 at the end of the previous reported quarter. Jane Street Group Llc who had been investing in Foot Locker Inc for a number of months, seems to be less bullish one the $6.38B market cap company. The stock decreased 3.93% or $2.23 during the last trading session, reaching $54.58. About 3.69 million shares traded or 15.01% up from the average. Foot Locker, Inc. (NYSE:FL) has declined 6.57% since June 23, 2017 and is downtrending. It has underperformed by 19.14% the S&P500. Some Historical FL News: 04/05/2018 – FOOT LOCKER 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Foot Locker, Inc; 03/04/2018 – Foot Locker Announces 2018 Performance Goals for Executive; 22/04/2018 – DJ Foot Locker Inc, Inst Holders, 1Q 2018 (FL); 25/05/2018 – Foot Locker knows cool sneakers, and that’s why stocks are rallying: Analyst; 23/03/2018 – The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Foot; 13/03/2018 – FOOT LOCKER INC FL.N : CREDIT SUISSE INITIATES WITH OUTPERFORM, $50 TARGET PRICE; 25/05/2018 – FOOT LOCKER SEES FLAT-TO-LOW-SINGLE-DIGIT FY19 COMP SALES GAIN; 25/05/2018 – Foot Locker is the spot to find all the cool shoes, says footwear and apparel analyst Sam Poser; 25/05/2018 – CNBC’s Jim Cramer says Foot Locker’s stellar quarterly earnings report shows there’s still some life left for brick-and-mortar retailers; 25/05/2018 – Foot Locker Cash Totaled $1.03B at May 5

More recent Foot Locker, Inc. (NYSE:FL) news were published by: Seekingalpha.com which released: “Foot Locker After Q1: Some Thoughts” on May 30, 2018. Also Seekingalpha.com published the news titled: “Foot Locker Long Thesis, In A Nutshell” on May 31, 2018. Seekingalpha.com‘s news article titled: “Foot Locker’s Turn Is Near” with publication date: May 27, 2018 was also an interesting one.

Among 32 analysts covering Foot Locker Inc. (NYSE:FL), 18 have Buy rating, 1 Sell and 13 Hold. Therefore 56% are positive. Foot Locker Inc. had 145 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, January 9 the stock rating was maintained by Susquehanna with “Buy”. Guggenheim maintained it with “Buy” rating and $51.0 target in Friday, March 2 report. The rating was maintained by Deutsche Bank on Monday, July 17 with “Buy”. The firm has “Hold” rating given on Friday, September 22 by Robert W. Baird. Oppenheimer upgraded Foot Locker, Inc. (NYSE:FL) on Wednesday, January 31 to “Outperform” rating. The company was maintained on Tuesday, January 23 by Susquehanna. The company was downgraded on Friday, August 18 by Deutsche Bank. The company was maintained on Thursday, November 19 by UBS. The firm earned “Buy” rating on Friday, August 18 by Susquehanna. The firm earned “Outperform” rating on Friday, June 8 by Wedbush.

Analysts await Foot Locker, Inc. (NYSE:FL) to report earnings on August, 17. They expect $0.71 EPS, up 14.52% or $0.09 from last year’s $0.62 per share. FL’s profit will be $83.01 million for 19.22 P/E if the $0.71 EPS becomes a reality. After $1.45 actual EPS reported by Foot Locker, Inc. for the previous quarter, Wall Street now forecasts -51.03% negative EPS growth.

Investors sentiment decreased to 0.8 in 2018 Q1. Its down 0.09, from 0.89 in 2017Q4. It worsened, as 52 investors sold FL shares while 148 reduced holdings. 57 funds opened positions while 102 raised stakes. 103.82 million shares or 3.88% less from 108.01 million shares in 2017Q4 were reported. Stifel Corporation invested in 4,889 shares. Edgestream Prns Lp has invested 0.33% in Foot Locker, Inc. (NYSE:FL). Private Ocean Ltd Liability Corp stated it has 187 shares. 22,524 are owned by Employees Retirement Association Of Colorado. Tudor Inv Et Al stated it has 0.06% in Foot Locker, Inc. (NYSE:FL). Usa Financial Portformulas Corporation reported 0.09% stake. Stock Yards State Bank reported 0.21% stake. Hsbc Hldgs Public Limited Liability accumulated 189,595 shares. Exane Derivatives reported 81 shares. South Dakota Invest Council holds 17,032 shares or 0.02% of its portfolio. Blackrock owns 7.20M shares or 0.02% of their US portfolio. Quantitative Investment Mgmt holds 0.05% or 63,200 shares in its portfolio. Orrstown Svcs Inc holds 267 shares or 0.01% of its portfolio. Zeke Capital Advisors Limited Liability Corp invested in 0.05% or 13,019 shares. Tarbox Family Office invested in 0% or 20 shares.

Jane Street Group Llc, which manages about $38.66 billion US Long portfolio, upped its stake in Olin Corp (Put) (NYSE:OLN) by 120,145 shares to 126,000 shares, valued at $3.83 million in 2018Q1, according to the filing. It also increased its holding in Barclays Bk Plc (JJM) by 28,442 shares in the quarter, for a total of 35,106 shares, and has risen its stake in Illinois Tool Wks Inc (Call) (NYSE:ITW).

Since January 9, 2018, it had 0 insider buys, and 6 selling transactions for $4.63 million activity. $499,339 worth of Foot Locker, Inc. (NYSE:FL) was sold by MCKENNA MATTHEW M. Kimble Lewis Phillip also sold $471,647 worth of Foot Locker, Inc. (NYSE:FL) on Monday, March 12. $1.25M worth of stock was sold by Johnson Richard A on Friday, January 19. GILBERT JAROBIN JR also sold $65,161 worth of Foot Locker, Inc. (NYSE:FL) shares. PETERS LAUREN B also sold $1.30 million worth of Foot Locker, Inc. (NYSE:FL) on Friday, May 25.

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. Argent Co stated it has 4,276 shares. Employees Retirement Sys Of Texas owns 22,000 shares. Tributary Capital Lc holds 0.17% of its portfolio in Fiserv, Inc. (NASDAQ:FISV) for 28,800 shares. 178 were accumulated by Ent Fincl Service Corporation. Shine Invest Advisory Ser Incorporated invested in 1,036 shares. Pggm owns 0.17% invested in Fiserv, Inc. (NASDAQ:FISV) for 412,200 shares. The Japan-based Sumitomo Mitsui Asset has invested 0.03% in Fiserv, Inc. (NASDAQ:FISV). Cornerstone invested in 30,000 shares. Koch Industry has 12,215 shares for 0.09% of their portfolio. Stone Ridge Asset stated it has 5,674 shares. Rafferty Asset Mgmt Limited Liability Com has invested 0.15% in Fiserv, Inc. (NASDAQ:FISV). 105,351 were accumulated by Richard Bernstein Limited Liability Corporation. Caisse De Depot Et Placement Du Quebec holds 38,942 shares. Quantitative Inv Limited Liability Co holds 146,400 shares or 0.18% of its portfolio. Connecticut-based Bradley Foster And Sargent Ct has invested 0.12% in Fiserv, Inc. (NASDAQ:FISV).

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

Longview Partners Guernsey Ltd, which manages about $19.52B and $19.08B US Long portfolio, decreased its stake in Aon Plc (NYSE:AON) by 313,060 shares to 6.92 million shares, valued at $971.31M in 2018Q1, according to the filing. It also reduced its holding in Unitedhealth Group Inc (NYSE:UNH) by 615,545 shares in the quarter, leaving it with 4.13M shares, and cut its stake in Arrow Electrs Inc (NYSE:ARW).

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. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, September 6 report. On Tuesday, October 31 the stock rating was maintained by SunTrust with “Hold”. BMO Capital Markets maintained Fiserv, Inc. (NASDAQ:FISV) rating on Thursday, February 8. BMO Capital Markets has “Market Perform” rating and $152 target. As per Wednesday, May 2, the company rating was maintained by Citigroup. Pacific Crest initiated the stock with “Sector Weight” rating in Friday, November 18 report. The stock has “Neutral” rating by Credit Suisse on Wednesday, August 2. Credit Suisse maintained the shares of FISV in report on Wednesday, January 17 with “Hold” rating. The stock of Fiserv, Inc. (NASDAQ:FISV) earned “Buy” rating by Sterne Agee CRT on Thursday, December 17. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Hold” rating given on Tuesday, September 5 by RBC Capital Markets. The company was maintained on Friday, October 6 by RBC Capital Markets.

More news for Fiserv, Inc. (NASDAQ:FISV) were recently published by: Globenewswire.com, which released: “Recent Analysis Shows Carpenter Technology, Fiserv, WR Grace, Hannon Armstrong Sustainable Infrastructure …” on June 20, 2018. Nasdaq.com‘s article titled: “3 Fast-Growing Fintech Stocks to Buy” and published on May 29, 2018 is yet another important article.

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

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