Martin Investment Management Cut Its Position in Fiserv (FISV) by $574,976 as Stock Rose; Texas Instruments (TXN) Holder University Of Texas Investment Managment Co Has Raised Holding by $10.09 Million as Stock Price Rose

February 22, 2018 - By Louis Casey

Martin Investment Management Llc decreased its stake in Fiserv Inc (FISV) by 3.97% based on its latest 2017Q3 regulatory filing with the SEC. Martin Investment Management Llc sold 4,492 shares as the company’s stock rose 7.77% with the market. The institutional investor held 108,693 shares of the technology company at the end of 2017Q3, valued at $14.02 million, down from 113,185 at the end of the previous reported quarter. Martin Investment Management Llc who had been investing in Fiserv Inc for a number of months, seems to be less bullish one the $29.62 billion market cap company. The stock increased 1.69% or $2.36 during the last trading session, reaching $142.15. About 406,852 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 18.57% since February 22, 2017 and is uptrending. It has outperformed by 1.87% the S&P500.

University Of Texas Investment Managment Co increased its stake in Texas Instruments Inc (TXN) by 354.38% based on its latest 2017Q3 regulatory filing with the SEC. University Of Texas Investment Managment Co bought 113,400 shares as the company’s stock rose 5.05% with the market. The institutional investor held 145,400 shares of the semiconductors company at the end of 2017Q3, valued at $13.03M, up from 32,000 at the end of the previous reported quarter. University Of Texas Investment Managment Co who had been investing in Texas Instruments Inc for a number of months, seems to be bullish on the $102.40 billion market cap company. The stock increased 0.47% or $0.49 during the last trading session, reaching $104.15. About 2.15M shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since February 22, 2017 and is uptrending. It has outperformed by 23.61% the S&P500.




University Of Texas Investment Managment Co, which manages about $41.75 million US Long portfolio, decreased its stake in Vanguard Ftse Dev Mkts (VEA) by 7,162 shares to 75,430 shares, valued at $3.27 million in 2017Q3, according to the filing.

Among 40 analysts covering Texas Instruments (NASDAQ:TXN), 19 have Buy rating, 2 Sell and 19 Hold. Therefore 48% are positive. Texas Instruments had 111 analyst reports since July 24, 2015 according to SRatingsIntel. Bank of America upgraded the shares of TXN in report on Tuesday, July 26 to “Buy” rating. On Tuesday, July 18 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm has “Underperform” rating given on Tuesday, May 17 by CLSA. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Buy” rating by Drexel Hamilton on Wednesday, January 24. Stifel Nicolaus maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Friday, September 1. Stifel Nicolaus has “Hold” rating and $85.0 target. The rating was maintained by JP Morgan on Wednesday, January 24 with “Overweight”. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Hold” rating given on Monday, July 3 by Stifel Nicolaus. The rating was maintained by Wedbush on Thursday, April 28 with “Outperform”. The firm has “Outperform” rating by Bernstein given on Tuesday, September 13. Oppenheimer maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, July 20. Oppenheimer has “Buy” rating and $9200 target.

Since October 26, 2017, it had 0 buys, and 30 insider sales for $208.19 million activity. Another trade for 22,158 shares valued at $2.14 million was sold by BABB RALPH W JR. The insider CRUTCHER BRIAN T sold $29.68M. $2.02M worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by ANDERSON STEPHEN A. on Wednesday, January 31. BLINN MARK A sold $1.64 million worth of stock or 16,990 shares. PATSLEY PAMELA H sold $776,720 worth of stock. On Wednesday, January 31 TROCHU CYNTHIA HOFF sold $395,472 worth of Texas Instruments Incorporated (NASDAQ:TXN) or 3,574 shares.

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.02, from 1.1 in 2017Q2. It improved, as 55 investors sold TXN shares while 333 reduced holdings. 104 funds opened positions while 332 raised stakes. 802.74 million shares or 3.16% more from 778.17 million shares in 2017Q2 were reported. Meeder Asset Mngmt Incorporated owns 62,540 shares or 0.61% of their US portfolio. Moreover, Richard Bernstein Advsrs Limited Liability Co has 0.38% invested in Texas Instruments Incorporated (NASDAQ:TXN). Wexford LP holds 0.08% or 10,100 shares in its portfolio. Tradewinds Cap Mgmt Ltd holds 1,954 shares or 0.09% of its portfolio. Cullinan Assoc reported 118,000 shares. Natixis Asset Mngmt accumulated 1.93% or 249,252 shares. Westfield Capital Management Lp holds 77,120 shares or 0.05% of its portfolio. Glenview Natl Bank Trust Dept holds 4.32% or 99,267 shares in its portfolio. Spinnaker Tru, a Maine-based fund reported 7,781 shares. Cornerstone Advisors reported 0.57% stake. Btc Management invested in 12,244 shares or 0.2% of the stock. Ancora Advisors Lc holds 0.32% or 60,659 shares. Brown Brothers Harriman reported 0.01% stake. Hays Advisory Ltd Llc holds 4,146 shares or 0.11% of its portfolio. Texas Permanent School Fund reported 274,370 shares or 0.32% of all its holdings.

Since August 23, 2017, it had 0 buys, and 6 sales for $9.18 million activity. VIELEHR BYRON C had sold 10,000 shares worth $1.31M. The insider Schultz Kevin J sold 3,439 shares worth $452,263. ROBAK KIM M also sold $762,683 worth of Fiserv, Inc. (NASDAQ:FISV) on Monday, September 18.

Analysts await Fiserv, Inc. (NASDAQ:FISV) to report earnings on April, 25. They expect $1.46 earnings per share, up 16.80% or $0.21 from last year’s $1.25 per share. FISV’s profit will be $304.26 million for 24.34 P/E if the $1.46 EPS becomes a reality. After $1.41 actual earnings per share reported by Fiserv, Inc. for the previous quarter, Wall Street now forecasts 3.55% EPS growth.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.02, from 0.75 in 2017Q2. It turned negative, 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. Public Sector Pension Board accumulated 31,439 shares. Baldwin Brothers Ma has 2,214 shares. Oppenheimer Asset Mgmt reported 41,964 shares. Boston Private Wealth Ltd Llc holds 0.02% or 3,630 shares in its portfolio. Pub Employees Retirement Of Ohio invested in 0.22% or 334,950 shares. Moreover, Global X Limited Liability Company has 0.04% invested in Fiserv, Inc. (NASDAQ:FISV) for 12,555 shares. Crow Point Prtn Lc holds 0.04% in Fiserv, Inc. (NASDAQ:FISV) or 2,186 shares. Pennsylvania Tru Co has 48,431 shares for 0.3% of their portfolio. Retirement Systems Of Alabama invested 0.07% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Natixis has invested 0.05% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). The Texas-based Vaughan Nelson Limited Partnership has invested 0.28% in Fiserv, Inc. (NASDAQ:FISV). Riverpoint Management Limited holds 146,745 shares or 1.23% of its portfolio. The California-based Dowling & Yahnke has invested 0.12% in Fiserv, Inc. (NASDAQ:FISV). Shelton Capital Mngmt owns 18,557 shares. Roberts Glore Inc Il reported 3,090 shares stake.

Martin Investment Management Llc, which manages about $585.57M and $358.13M US Long portfolio, upped its stake in Accenture Plc (NYSE:ACN) by 10,102 shares to 81,187 shares, valued at $10.97M in 2017Q3, according to the filing.

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 has “Hold” rating by Cowen & Co given on Wednesday, October 11. The company was maintained on Wednesday, October 28 by Topeka Capital Markets. The stock has “Neutral” rating by Citigroup on Friday, February 9. The company was maintained on Wednesday, October 11 by Jefferies. The firm earned “Buy” rating on Monday, May 9 by Argus Research. Guggenheim maintained the stock with “Buy” rating in Thursday, February 8 report. Monness Crespi & Hardt upgraded the stock to “Buy” rating in Tuesday, October 4 report. The firm has “Hold” rating given on Monday, July 10 by Cowen & Co. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, September 6 report. RBC Capital Markets maintained it with “Hold” rating and $12300 target in Tuesday, May 30 report.

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