Fayerweather Charles Stake In Fiserv (FISV) Upped As Stock Declined; Targa Resources Corp. (TRGP) Holder Rr Advisors Has Boosted Its Stake

August 9, 2018 -

By Madeline Delgado

Fiserv, Inc. (NASDAQ:FISV) Logo

Fayerweather Charles increased its stake in Fiserv (FISV) by 84.54% based on its latest 2018Q1 regulatory filing with the SEC. Fayerweather Charles bought 18,397 shares as the company’s stock declined 1.25% with the market. The institutional investor held 40,159 shares of the technology company at the end of 2018Q1, valued at $2.86M, up from 21,762 at the end of the previous reported quarter. Fayerweather Charles who had been investing in Fiserv for a number of months, seems to be bullish on the $31.41B market cap company. The stock increased 0.69% or $0.53 during the last trading session, reaching $77.58. About 1.09M shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 15.27% since August 9, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Rr Advisors Llc increased its stake in Targa Resources Corp. (TRGP) by 3.57% based on its latest 2018Q1 regulatory filing with the SEC. Rr Advisors Llc bought 46,000 shares as the company’s stock declined 0.85% with the market. The institutional investor held 1.33M shares of the public utilities company at the end of 2018Q1, valued at $58.61M, up from 1.29M at the end of the previous reported quarter. Rr Advisors Llc who had been investing in Targa Resources Corp. for a number of months, seems to be bullish on the $11.67 billion market cap company. The stock increased 0.82% or $0.43 during the last trading session, reaching $53.18. About 2.22 million shares traded or 11.85% up from the average. Targa Resources Corp. (NYSE:TRGP) has declined 3.47% since August 9, 2017 and is downtrending. It has underperformed by 16.04% the S&P500. Some Historical TRGP News: 03/05/2018 – KIRBY IN PACT TO BUY PRESSURE BARGES FROM TARGA RESOURCES CORP; 07/05/2018 – Targa Resources Corp. to Participate in Investor Conferences; 03/05/2018 – Kirby Corp to Acquire Targa’s Inland Marine Tank Barge Business for $69.3M in Cash; 03/05/2018 – TARGA RESOURCES SEES YR NET GROWTH CAPEX $2.18B; 05/04/2018 – TARGA RESOURCES PARTNERS LP SAYS ANNOUNCED PRICING OF $1.0 BLN AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2026; 08/05/2018 – Targa Resources at Deutsche Bank MLP & Pipeline Day Tomorrow; 10/04/2018 – Targa Resources Closes Above 200-Day Moving Average: Technicals; 19/04/2018 – DJ Targa Resources Corp, Inst Holders, 1Q 2018 (TRGP); 05/04/2018 – TARGA RESOURCES PARTNERS- NOTES WILL ACCRUE INTEREST AT A RATE OF 5.875% PER ANNUM, WILL MATURE ON APRIL 15, 2026, AND WERE PRICED AT PAR; 03/05/2018 – TARGA RESOURCES 1Q REV. $2.46B, EST. $2.45B

Fayerweather Charles, which manages about $62.75M US Long portfolio, decreased its stake in 3M (NYSE:MMM) by 1,657 shares to 12,787 shares, valued at $2.81 million in 2018Q1, according to the filing.

More recent Fiserv, Inc. (NASDAQ:FISV) news were published by: Prnewswire.com which released: “Rising Number of Blockchain Projects Taking Big Steps Forward to put Digital Currencies Back in the Spotlight” on August 08, 2018. Also Seekingalpha.com published the news titled: “Fiserv, Inc. 2018 Q2 – Results – Earnings Call Slides” on July 31, 2018. Seekingalpha.com‘s news article titled: “Fiserv (FISV) Q2 2018 Results – Earnings Call Transcript” with publication date: August 01, 2018 was also an interesting one.

Among 25 analysts covering Fiserv (NASDAQ:FISV), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Fiserv had 63 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. Wedbush initiated the stock with “Outperform” rating in Friday, September 9 report. Cowen & Co maintained the shares of FISV in report on Monday, July 10 with “Hold” rating. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Buy” rating given on Wednesday, October 11 by Jefferies. As per Monday, May 9, the company rating was upgraded by Argus Research. The rating was maintained by Barclays Capital on Thursday, July 30 with “Equal Weight”. Oppenheimer downgraded the shares of FISV in report on Monday, March 21 to “Perform” rating. Topeka Capital Markets maintained the shares of FISV in report on Wednesday, October 28 with “Hold” rating. The firm earned “Outperform” rating on Friday, October 28 by Robert W. Baird. Cowen & Co maintained the shares of FISV in report on Wednesday, February 7 with “Hold” rating.

Since February 16, 2018, it had 1 insider buy, and 7 sales for $19.83 million activity. $757,493 worth of Fiserv, Inc. (NASDAQ:FISV) was sold by ROBAK KIM M. 353 Fiserv, Inc. (NASDAQ:FISV) shares with value of $49,981 were bought by DiSimone Harry. $1.73M worth of Fiserv, Inc. (NASDAQ:FISV) shares were sold by OLEARY DENIS.

Investors sentiment increased to 10.53 in Q1 2018. Its up 9.72, from 0.81 in 2017Q4. It increased, 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. Gabelli Funds Limited Liability Company holds 135,400 shares. Gofen & Glossberg Il stated it has 0.45% in Fiserv, Inc. (NASDAQ:FISV). Moreover, Commonwealth Savings Bank Of Australia has 0.02% invested in Fiserv, Inc. (NASDAQ:FISV). Cohen Lawrence B holds 5,680 shares or 0.27% of its portfolio. Element Capital Lc stated it has 54,272 shares or 0.09% of all its holdings. California Employees Retirement reported 0.11% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Massachusetts-based Baldwin Brothers Ma has invested 0.05% in Fiserv, Inc. (NASDAQ:FISV). 673,448 are held by Ny State Teachers Retirement Systems. Argi Invest Ltd Liability Company holds 4,816 shares. Point72 Asia (Hong Kong) Ltd holds 0.04% or 1,093 shares in its portfolio. 30.25 million are owned by Blackrock. Kornitzer Mgmt Ks holds 355,040 shares or 0.43% of its portfolio. Johnson Invest Counsel Incorporated reported 9,750 shares. Adage Cap Prtn Grp Lc reported 1.03M shares. Psagot Investment House Limited accumulated 19,840 shares or 0.06% of the stock.

Among 20 analysts covering Targa Resources (NYSE:TRGP), 10 have Buy rating, 0 Sell and 10 Hold. Therefore 50% are positive. Targa Resources had 95 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained Targa Resources Corp. (NYSE:TRGP) rating on Tuesday, August 15. BMO Capital Markets has “Hold” rating and $5100 target. Goldman Sachs downgraded Targa Resources Corp. (NYSE:TRGP) on Tuesday, October 17 to “Hold” rating. As per Thursday, January 12, the company rating was upgraded by Raymond James. The firm has “Buy” rating given on Monday, August 22 by Stifel Nicolaus. Guggenheim upgraded it to “Buy” rating and $5000 target in Tuesday, August 15 report. Stifel Nicolaus upgraded Targa Resources Corp. (NYSE:TRGP) on Thursday, August 4 to “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $51.0 target in Monday, November 20 report. The rating was maintained by Jefferies on Wednesday, April 5 with “Hold”. As per Wednesday, August 5, the company rating was maintained by RBC Capital Markets. Seaport Global maintained Targa Resources Corp. (NYSE:TRGP) on Wednesday, February 14 with “Buy” rating.

Rr Advisors Llc, which manages about $1.13 billion and $960.39 million US Long portfolio, decreased its stake in Resolute Energy Corp by 41,000 shares to 457,000 shares, valued at $15.82M in 2018Q1, according to the filing. It also reduced its holding in Energy Transfer Equity Lp (NYSE:ETE) by 33,000 shares in the quarter, leaving it with 2.25 million shares, and cut its stake in Plains All Amer Pipeline Lp (NYSE:PAA).

Investors sentiment increased to 1.33 in 2018 Q1. Its up 0.28, from 1.05 in 2017Q4. It is positive, as 31 investors sold TRGP shares while 105 reduced holdings. 56 funds opened positions while 125 raised stakes. 202.60 million shares or 4.63% more from 193.64 million shares in 2017Q4 were reported. Walleye Trading Llc holds 28,780 shares or 0.01% of its portfolio. Quantbot Technology Lp stated it has 6,298 shares or 0.02% of all its holdings. Rmb Cap Mngmt Lc holds 0.01% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 8,590 shares. Fincl Services reported 1,301 shares. Amer Group Inc Inc holds 0% in Targa Resources Corp. (NYSE:TRGP) or 9,513 shares. Raymond James & Assoc owns 1.22 million shares for 0.1% of their portfolio. Korea stated it has 0% in Targa Resources Corp. (NYSE:TRGP). Pub Employees Retirement Association Of Colorado has invested 0.01% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Reaves W H And reported 224,657 shares stake. Ubs Asset Management Americas has invested 0% in Targa Resources Corp. (NYSE:TRGP). California State Teachers Retirement System invested in 359,402 shares. 5,564 are owned by Boothbay Fund Mgmt Lc. Northwestern Mutual Wealth Mgmt invested 0% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Sg Americas Lc holds 3,934 shares. Swiss Bank stated it has 689,100 shares or 0.04% of all its holdings.

Targa Resources Corp. (NYSE:TRGP) Institutional Positions Chart

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Source : https://tokoyuri.com/2018/08/09/fayerweather-charles-stake-in-fiserv-fisv-upped-as-stock-declined-targa-resources-corp-trgp-holder-rr-advisors-has-boosted-its-stake/

Fayerweather Charles Stake in Fiserv (FISV) Upped as Stock Declined; Targa Resources Corp. (TRGP) Holder Rr Advisors Has Boosted Its Stake
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