Decatur Capital Management Decreased Fidelity National Info Srv (FIS) Position, Silver Spring Networks (SSNI)’s Sentiment Is 1.28

July 17, 2017 - By Migdalia James

Silver Spring Networks, Inc. is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things for critical infrastructure. The company has market cap of $554.60 million. The Firm provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. It currently has negative earnings. The Company’s networking platform enables clients to communicate with devices connected to the power grid.

Decatur Capital Management Inc decreased Fidelity National Info Srv (FIS) stake by 14.07% reported in 2016Q4 SEC filing. Decatur Capital Management Inc sold 25,070 shares as Fidelity National Info Srv (FIS)’s stock rose 1.40%. The Decatur Capital Management Inc holds 153,100 shares with $11.58M value, down from 178,170 last quarter. Fidelity National Info Srv now has $29.66 billion valuation. The stock declined 0.22% or $0.2 reaching $89.38 per share. About 11 shares traded. Fidelity National Information Servcs Inc (NYSE:FIS) has risen 14.58% since July 17, 2016 and is uptrending. It has underperformed by 2.12% the S&P500.

Ratings analysis reveals 100% of Silver Spring Networks’s analysts are positive. Out of 4 Wall Street analysts rating Silver Spring Networks, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $17.0 while the high is $18.0. The stock’s average target of $17.33 is 65.52% above today’s ($10.47) share price. SSNI was included in 4 notes of analysts from September 28, 2016. The rating was initiated by JMP Securities on Friday, January 13 with “Mkt Outperform”. FBR Capital initiated the shares of SSNI in report on Tuesday, November 8 with “Outperform” rating. The rating was maintained by Wunderlich on Wednesday, September 28 with “Buy”. Williams Capital Group initiated it with “Buy” rating and $18.0 target in Monday, November 28 report.

About shares traded. Silver Spring Networks Inc (SSNI) has declined 21.63% since July 17, 2016 and is downtrending. It has underperformed by 38.33% the S&P500.

Since January 1, 0001, it had 0 buys, and 8 insider sales for $1.73 million activity.

Analysts await Silver Spring Networks Inc (NYSE:SSNI) to report earnings on August, 3. They expect $-0.16 EPS, down 45.45% or $0.05 from last year’s $-0.11 per share. After $-0.25 actual EPS reported by Silver Spring Networks Inc for the previous quarter, Wall Street now forecasts -36.00% EPS growth.

Foundation Capital Llc holds 36.75% of its portfolio in Silver Spring Networks Inc for 10.48 million shares. Marathon Capital Management owns 340,260 shares or 2.16% of their US portfolio. Moreover, Electron Capital Partners Llc has 1.92% invested in the company for 428,294 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 1.69% in the stock. Millrace Asset Group Inc., a Pennsylvania-based fund reported 72,113 shares.

Decatur Capital Management Inc increased Hasbro Inc (NASDAQ:HAS) stake by 12,777 shares to 25,154 valued at $1.96 million in 2016Q4. It also upped Activision Blizzard Inc (NASDAQ:ATVI) stake by 18,645 shares and now owns 92,427 shares. Akamai Technologies Inc. (NASDAQ:AKAM) was raised too.

Among 20 analysts covering Fidelity National Information Services (NYSE:FIS), 19 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Fidelity National Information Services had 36 analyst reports since August 7, 2015 according to SRatingsIntel. Monness Crespi & Hardt maintained the shares of FIS in report on Monday, October 5 with “Buy” rating. On Monday, June 26 the stock rating was maintained by Oppenheimer with “Buy”. On Friday, September 11 the stock rating was maintained by SunTrust with “Buy”. BMO Capital Markets initiated Fidelity National Information Servcs Inc (NYSE:FIS) on Friday, January 6 with “Outperform” rating. As per Friday, August 7, the company rating was maintained by Oppenheimer. The company was downgraded on Tuesday, March 28 by Goldman Sachs. The firm earned “Neutral” rating on Thursday, December 17 by Sterne Agee CRT. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, July 12 report. The rating was maintained by Cowen & Co on Monday, July 10 with “Buy”. Credit Suisse initiated the stock with “Neutral” rating in Friday, December 11 report.

Since February 17, 2017, it had 0 buys, and 10 insider sales for $113.61 million activity. Shares for $20.77 million were sold by Norcross Gary on Tuesday, May 9. Massey Richard N sold 15,282 shares worth $1.25M. The insider THOMPSON KATHLEEN T sold 3,200 shares worth $263,080. Another trade for 550 shares valued at $44,863 was sold by Stallings James B JR. $7.61 million worth of Fidelity National Information Servcs Inc (NYSE:FIS) was sold by MARTIRE FRANK R. Woodall James W. sold $5.87M worth of stock. Oates Michael P sold $22.08 million worth of Fidelity National Information Servcs Inc (NYSE:FIS) on Friday, May 5.

Investors sentiment decreased to 1.14 in 2016 Q4. Its down 0.18, from 1.32 in 2016Q3. It turned negative, as 38 investors sold FIS shares while 190 reduced holdings. 63 funds opened positions while 198 raised stakes. 280.40 million shares or 0.99% more from 277.66 million shares in 2016Q3 were reported. Barrett Asset Management Limited Liability Corporation reported 222,890 shares. Sphera Funds Limited has invested 0.83% in Fidelity National Information Servcs Inc (NYSE:FIS). Glg Lc reported 0.05% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). Exane Derivatives holds 469 shares or 0% of its portfolio. 55 are held by Loomis Sayles & Ltd Partnership. 95,087 were accumulated by Dnb Asset Management As. Louisiana State Employees Retirement Sys invested in 0.08% or 20,600 shares. Girard Prtnrs Ltd, a Pennsylvania-based fund reported 7,123 shares. Nomura Asset Management Ltd holds 37,205 shares or 0.05% of its portfolio. Advsr Asset holds 0% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS) for 1,400 shares. Thompson Inv Management stated it has 3,331 shares or 0.05% of all its holdings. Oregon Public Employees Retirement Fund invested in 0.05% or 34,201 shares. Quantitative Systematic Strategies Limited Liability holds 12,537 shares. St Johns Investment Mgmt Commerce invested 0% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). National Pension Serv invested in 239,791 shares.

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