International Business Machines Corp. (IBM) Shareholder Highstreet Asset Management Lowered Its Position as Market Value Declined; Birch Hill Investment Advisors Has Lowered Fiserv (FISV) Position by $4.18 Million

Fiserv, Inc. (NASDAQ:FISV) Logo

Birch Hill Investment Advisors Llc decreased its stake in Fiserv Inc (FISV) by 6.7% based on its latest 2019Q1 regulatory filing with the SEC. Birch Hill Investment Advisors Llc sold 47,485 shares as the company’s stock rose 1.75% with the market. The institutional investor held 661,142 shares of the technology company at the end of 2019Q1, valued at $58.37 million, down from 708,627 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in Fiserv Inc for a number of months, seems to be less bullish one the $37.09 billion market cap company. The stock increased 0.88% or $0.82 during the last trading session, reaching $94.51. About 2.28M shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 18.57% since July 14, 2018 and is uptrending. It has outperformed by 14.14% the S&P500.

Highstreet Asset Management Inc decreased its stake in International Business Machines Corp. (IBM) by 33.62% based on its latest 2019Q1 regulatory filing with the SEC. Highstreet Asset Management Inc sold 85,028 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 167,903 shares of the computer manufacturing company at the end of 2019Q1, valued at $23.69 million, down from 252,931 at the end of the previous reported quarter. Highstreet Asset Management Inc who had been investing in International Business Machines Corp. for a number of months, seems to be less bullish one the $126.56B market cap company. The stock increased 1.06% or $1.5 during the last trading session, reaching $142.74. About 2.71M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since July 14, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 20/03/2018 – Zerto Partners with IBM to Provide Data Protection for IBM’s Resiliency Orchestration DRaaS Solution; 10/04/2018 – McAfee and IBM Security Extend Partnership With Key Areas of Product Integrations; 25/05/2018 – IBM Presenting at Money20/20 Europe Conference Jun 4; 19/03/2018 – LegalMation to be Featured, Demonstrated at IBM Think 2018; 16/04/2018 – Marsh Collaborates with IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance; 29/03/2018 – IBM – IMPACT OF THE CHANGES ESSENTIALLY OFFSET EACH OTHER WITHIN CO’S 2018 EXPECTATIONS OF AT LEAST $13.80 OF OPERATING EPS; 20/03/2018 – IBM TO REITERATE 2018 OPERATING NON-GAAP EPS; 17/04/2018 – IBM 1Q REV. $19.07B, EST. $18.83B; 05/04/2018 – Rabobank Desensitizes Client Data for GDPR and DevOps with IBM; 23/05/2018 – Global Human Resource Outsourcing Market Outlook to 2022 – Accenture, ADP, IBM, lnfosys, and Randstad are Leading the Market – ResearchAndMarkets.com

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.06 EPS, down 0.65% or $0.02 from last year’s $3.08 per share. IBM’s profit will be $2.71B for 11.66 P/E if the $3.06 EPS becomes a reality. After $2.25 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Highstreet Asset Management Inc, which manages about $1.75 billion US Long portfolio, upped its stake in Rogers Communications Inc. (NYSE:RCI) by 148,696 shares to 228,010 shares, valued at $12.26M in 2019Q1, according to the filing. It also increased its holding in Canadian Imperial Bank Of Commerce (NYSE:CM) by 4,810 shares in the quarter, for a total of 33,583 shares, and has risen its stake in Pfizer Inc. (NYSE:PFE).

Investors sentiment increased to 1.03 in Q1 2019. Its up 0.44, from 0.59 in 2018Q4. It is positive, as 67 investors sold IBM shares while 524 reduced holdings. 142 funds opened positions while 468 raised stakes. 473.01 million shares or 9.66% less from 523.62 million shares in 2018Q4 were reported. Pinnacle Assocs Ltd accumulated 0.22% or 69,362 shares. 4,886 are owned by Somerville Kurt F. Moreover, Brighton Jones Lc has 0.2% invested in International Business Machines Corporation (NYSE:IBM) for 11,813 shares. Columbia Asset Mgmt has invested 0.85% of its portfolio in International Business Machines Corporation (NYSE:IBM). Live Your Vision accumulated 564 shares. Price T Rowe Assoc Md holds 1.65 million shares. Cap Rech Global Invsts invested in 0.08% or 1.89 million shares. Guardian Trust has 0% invested in International Business Machines Corporation (NYSE:IBM) for 1,559 shares. Renaissance Invest Lc has 0.53% invested in International Business Machines Corporation (NYSE:IBM). Moreover, Verity And Verity Ltd Llc has 2.44% invested in International Business Machines Corporation (NYSE:IBM). Moreover, Asset has 0.18% invested in International Business Machines Corporation (NYSE:IBM). Syntal Prns Ltd Co holds 0.43% or 6,716 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt invested 0.62% of its portfolio in International Business Machines Corporation (NYSE:IBM). Penobscot Investment Management Incorporated holds 15,816 shares or 0.47% of its portfolio. Nbt Retail Bank N A owns 28,910 shares for 0.74% of their portfolio.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “H. Ross Perot, Computer Industry Pioneer And Former Presidential Candidate, Dies At 89 – Yahoo Finance” on July 09, 2019, also Investorideas.com with their article: “Investorideas.com Newswire – The AI Eye: Spanish Utility Leader Naturgy Announces Agreement with IBM (NYSE: $IBM) for Hybrid Cloud and HPE (NYSE: $HPE) Announces Primera for Mission-Critical Storage – InvestorIdeas.com” published on June 20, 2019, Seekingalpha.com published: “IBM: What Red Hat Brings To The Table – Seeking Alpha” on June 20, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Etftrends.com and their article: “Big Blue Could Join NOBL Dividend ETF Next Year – ETF Trends” published on July 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “IBM’s Blockchain Shipping Platform May Have Just Hit Critical Mass – Yahoo Finance” with publication date: July 02, 2019.

Investors sentiment increased to 0.98 in Q1 2019. Its up 0.16, from 0.82 in 2018Q4. It improved, as 39 investors sold FISV shares while 301 reduced holdings. 123 funds opened positions while 209 raised stakes. 384.95 million shares or 12.17% more from 343.18 million shares in 2018Q4 were reported. Lvm Capital Mgmt Limited Mi reported 6,920 shares. Eulav Asset stated it has 1.39% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). 161,178 are held by Bnp Paribas Arbitrage Sa. Reilly Fincl Advisors Ltd Liability Corp reported 0.01% in Fiserv, Inc. (NASDAQ:FISV). Marietta Inv Partners accumulated 1.77% or 63,660 shares. Boston Private Wealth Ltd has invested 0.02% in Fiserv, Inc. (NASDAQ:FISV). Proshare Advisors Ltd Company has 0.15% invested in Fiserv, Inc. (NASDAQ:FISV) for 285,516 shares. Jennison Assocs Ltd Co owns 0.04% invested in Fiserv, Inc. (NASDAQ:FISV) for 489,210 shares. Nuwave Investment Mngmt Lc holds 0.21% or 2,044 shares in its portfolio. Gilman Hill Asset Management Lc owns 13,770 shares. Macquarie Gp Ltd has invested 0.04% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Cwm Lc accumulated 2,200 shares. Millennium stated it has 37,553 shares. Manchester Cap Mgmt Ltd has 4,404 shares for 0.05% of their portfolio. Provident Com owns 3,476 shares.

Since January 16, 2019, it had 0 insider buys, and 1 insider sale for $3.56 million activity.

More notable recent Fiserv, Inc. (NASDAQ:FISV) news were published by: Prnewswire.com which released: “Forget the banks: Digital Wallet and Virtual ATM Technologies tap an Enormous Underbanked and Underserved Market – PRNewswire” on June 25, 2019, also Businesswire.com with their article: “FlexWage Empowers People with More Ways to Access Their Pay – Business Wire” published on June 18, 2019, Nasdaq.com published: “Fiserv (FISV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” on April 23, 2019. More interesting news about Fiserv, Inc. (NASDAQ:FISV) were released by: Businesswire.com and their article: “Fiserv Announces Public Offering of Senior Notes – Business Wire” published on June 17, 2019 as well as Nasdaq.com‘s news article titled: “S&P 500 Analyst Moves: FISV – Nasdaq” with publication date: July 01, 2019.

Birch Hill Investment Advisors Llc, which manages about $1.24 billion and $1.31 billion US Long portfolio, upped its stake in Mondelez Intl Inc (NASDAQ:MDLZ) by 18,340 shares to 359,225 shares, valued at $17.93M in 2019Q1, according to the filing. It also increased its holding in Boston Properties Inc (NYSE:BXP) by 8,182 shares in the quarter, for a total of 57,500 shares, and has risen its stake in Fedex Corp (NYSE:FDX).

Analysts await Fiserv, Inc. (NASDAQ:FISV) to report earnings on July, 30. They expect $0.81 earnings per share, up 8.00% or $0.06 from last year’s $0.75 per share. FISV’s profit will be $317.88 million for 29.17 P/E if the $0.81 EPS becomes a reality. After $0.84 actual earnings per share reported by Fiserv, Inc. for the previous quarter, Wall Street now forecasts -3.57% negative EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.