Saratoga Research & Investment Management Has Boosted Cisco Systems (CSCO) Holding; Summit Securities Group Upped Fiserv (FISV) Stake

October 12, 2017 - By Nellie Frank

Summit Securities Group Llc increased Fiserv Inc (FISV) stake by 45.5% reported in 2017Q2 SEC filing. Summit Securities Group Llc acquired 4,881 shares as Fiserv Inc (FISV)’s stock rose 7.77%. The Summit Securities Group Llc holds 15,609 shares with $1.91 million value, up from 10,728 last quarter. Fiserv Inc now has $26.76 billion valuation. The stock increased 0.34% or $0.43 during the last trading session, reaching $127.17. About 1.40M shares traded or 77.82% up from the average. Fiserv Inc (NASDAQ:FISV) has risen 18.57% since October 12, 2016 and is uptrending. It has outperformed by 1.87% the S&P500.

Saratoga Research & Investment Management increased Cisco Systems (CSCO) stake by 1.96% reported in 2017Q2 SEC filing. Saratoga Research & Investment Management acquired 36,912 shares as Cisco Systems (CSCO)’s stock declined 7.50%. The Saratoga Research & Investment Management holds 1.92M shares with $60.25 million value, up from 1.89M last quarter. Cisco Systems now has $164.70 billion valuation. The stock decreased 0.98% or $0.33 during the last trading session, reaching $33.26. About 17.89M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since October 12, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.




Among 21 analysts covering Fiserv (NASDAQ:FISV), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Fiserv had 41 analyst reports since July 30, 2015 according to SRatingsIntel. Argus Research upgraded Fiserv Inc (NASDAQ:FISV) on Monday, May 9 to “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Wednesday, September 6. The firm earned “Hold” rating on Tuesday, June 20 by Cantor Fitzgerald. On Wednesday, August 2 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Buy” rating by Robert W. Baird given on Tuesday, October 10. As per Thursday, July 30, the company rating was maintained by Barclays Capital. As per Wednesday, October 28, the company rating was maintained by Topeka Capital Markets. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, August 1. The company was maintained on Tuesday, May 30 by RBC Capital Markets. As per Tuesday, October 4, the company rating was upgraded by Monness Crespi & Hardt.

Investors sentiment increased to 0.75 in Q2 2017. Its up 0.02, from 0.73 in 2017Q1. It increased, as 30 investors sold FISV shares while 292 reduced holdings. 56 funds opened positions while 186 raised stakes. 180.62 million shares or 1.10% less from 182.63 million shares in 2017Q1 were reported. Investec Asset Mgmt accumulated 854,061 shares or 0.5% of the stock. Spinnaker stated it has 3,456 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt invested in 0.03% or 15,778 shares. Korea Invest Corp stated it has 70,117 shares or 0.04% of all its holdings. Winslow Evans & Crocker invested in 0% or 98 shares. M&T National Bank stated it has 0.05% of its portfolio in Fiserv Inc (NASDAQ:FISV). Farmers Merchants Invs reported 47,443 shares stake. Catalyst Cap Lc invested in 0.13% or 24,000 shares. Alps Advsrs Incorporated owns 5,166 shares or 0% of their US portfolio. Trustmark State Bank Tru Department reported 0.02% in Fiserv Inc (NASDAQ:FISV). Credit Suisse Ag invested in 584,350 shares. Cleararc Inc holds 0.1% of its portfolio in Fiserv Inc (NASDAQ:FISV) for 5,213 shares. Mitchell Mngmt Com accumulated 49,530 shares. Gateway Invest Advisers Llc reported 0.01% of its portfolio in Fiserv Inc (NASDAQ:FISV). Legacy Partners holds 38,503 shares.

Summit Securities Group Llc decreased Western Digital Corp (NASDAQ:WDC) stake by 10,166 shares to 15,816 valued at $1.40M in 2017Q2. It also reduced Western Digital Corp (Call) (NASDAQ:WDC) stake by 25,956 shares and now owns 26 shares. Cintas Corp (NASDAQ:CTAS) was reduced too.

Since May 22, 2017, it had 0 buys, and 1 sale for $2.07 million activity. Shares for $2.07 million were sold by YABUKI JEFFERY W on Monday, May 22.

Saratoga Research & Investment Management decreased Becton Dickinson & Co (NYSE:BDX) stake by 89,099 shares to 123,972 valued at $24.19 million in 2017Q2. It also reduced Microsoft (NASDAQ:MSFT) stake by 7,573 shares and now owns 1.13 million shares. Total System Services (NYSE:TSS) was reduced too.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Cisco Systems Inc. had 111 analyst reports since August 4, 2015 according to SRatingsIntel. Drexel Hamilton maintained the shares of CSCO in report on Thursday, June 29 with “Buy” rating. Bernstein maintained it with “Buy” rating and $3800 target in Thursday, June 29 report. Barclays Capital maintained the shares of CSCO in report on Monday, August 15 with “Overweight” rating. The firm has “Buy” rating given on Friday, June 30 by Jefferies. Drexel Hamilton maintained the stock with “Buy” rating in Thursday, August 18 report. JMP Securities maintained the stock with “Market Perform” rating in Thursday, August 18 report. The stock has “Buy” rating by Wells Fargo on Wednesday, August 5. Citigroup maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Tuesday, August 9. Citigroup has “Buy” rating and $35 target. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Hold” rating given on Friday, November 18 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, October 9 by RBC Capital Markets.

Since May 24, 2017, it had 0 buys, and 3 selling transactions for $12.50 million activity. Walker Karen sold 7,802 shares worth $244,125. Another trade for 92,840 shares valued at $2.94 million was sold by Jacoby Rebecca. Shares for $9.31M were sold by CHAMBERS JOHN T.

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.14, from 1.04 in 2017Q1. It improved, as 90 investors sold CSCO shares while 594 reduced holdings. 111 funds opened positions while 694 raised stakes. 3.60 billion shares or 0.67% less from 3.62 billion shares in 2017Q1 were reported. Howard Mgmt reported 31,162 shares. Efg Asset (Americas) Corporation has invested 0.45% in Cisco Systems, Inc. (NASDAQ:CSCO). Bowen Hanes & accumulated 856,265 shares or 1.31% of the stock. Glenview Retail Bank Dept invested in 3.26% or 204,309 shares. Zwj Counsel accumulated 994,015 shares or 2.49% of the stock. Cypress Capital Grp invested in 62,886 shares. Fincl has 360,000 shares. Bangor Commercial Bank reported 20,684 shares. First Financial Bank Of Omaha has invested 1.12% in Cisco Systems, Inc. (NASDAQ:CSCO). Lsv Asset Mngmt invested in 1.53% or 27.45M shares. 60,850 were reported by Signaturefd Ltd Llc. Advisory Service accumulated 13,689 shares. Moreover, Weybosset Rech And Ltd Liability Company has 0.22% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Proshare Ltd Liability Com accumulated 0.67% or 2.14M shares. Zeke Advisors Limited Liability Co invested in 0.29% or 47,238 shares.

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