Fayez Sarofim & Company Raised By $67.39 Million Its Intercontinentalexchangeinc. (ICE) Position, Jacobs Levy Equity Management Has Decreased By $3.67 Million Its Verifone Sys (PAY) Holding

June 19, 2017 - By wolcottdaily

Jacobs Levy Equity Management Inc decreased Verifone Sys Inc (PAY) stake by 16.13% reported in 2016Q4 SEC filing. Jacobs Levy Equity Management Inc sold 215,900 shares as Verifone Sys Inc (PAY)’s stock declined 10.59%. The Jacobs Levy Equity Management Inc holds 1.12M shares with $19.90 million value, down from 1.34M last quarter. Verifone Sys Inc now has $1.89B valuation. The stock rose 0.38% or $0.07 reaching $17.3. About 1.40M shares traded. VeriFone Systems Inc (NYSE:PAY) has declined 31.93% since June 19, 2016 and is downtrending. It has underperformed by 48.63% the S&P500.

Fayez Sarofim & Company increased Intercontinentalexchangeinc. (ICE) stake by 380.02% reported in 2016Q4 SEC filing. Fayez Sarofim & Company acquired 1.20 million shares as Intercontinentalexchangeinc. (ICE)’s stock rose 1.58%. The Fayez Sarofim & Company holds 1.52 million shares with $85.76 million value, up from 316,673 last quarter. Intercontinentalexchangeinc. now has $38.35 billion valuation. The stock rose 0.36% or $0.24 reaching $64.81 per share. About 1.39M shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since June 19, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Investors sentiment decreased to 0.86 in Q4 2016. Its down 0.38, from 1.24 in 2016Q3. It dived, as 48 investors sold PAY shares while 91 reduced holdings. 47 funds opened positions while 73 raised stakes. 108.75 million shares or 6.28% more from 102.33 million shares in 2016Q3 were reported. Legal And General Public Ltd Liability Company holds 55,711 shares or 0% of its portfolio. Catalyst Cap Advsr Limited has 39,500 shares. Springowl Assoc Limited Liability holds 0.5% of its portfolio in VeriFone Systems Inc (NYSE:PAY) for 25,000 shares. Lapides Asset Ltd Liability Company invested 4.5% in VeriFone Systems Inc (NYSE:PAY). The United Kingdom-based Blackrock Group Inc Ltd has invested 0.01% in VeriFone Systems Inc (NYSE:PAY). 11,550 are held by Carret Asset Management Ltd Co. Whittier Trust Of Nevada Inc owns 2,309 shares or 0% of their US portfolio. Moreover, Nwq Management Limited Company has 0.07% invested in VeriFone Systems Inc (NYSE:PAY) for 308,273 shares. Jackson Square Prns Llc holds 0.64% in VeriFone Systems Inc (NYSE:PAY) or 7.00 million shares. Goldman Sachs Grp Incorporated reported 3.09M shares stake. Jane Street Gru Ltd Liability Corp accumulated 0.01% or 192,820 shares. Raymond James Fincl Advsrs has invested 0.01% in VeriFone Systems Inc (NYSE:PAY). Menora Mivtachim Limited stated it has 6,500 shares. Wisconsin-based North Star Asset Mngmt has invested 0.77% in VeriFone Systems Inc (NYSE:PAY). Cipher Cap LP invested in 0.25% or 212,564 shares.

Jacobs Levy Equity Management Inc increased Xl Group Ltd stake by 279,040 shares to 376,870 valued at $14.04M in 2016Q4. It also upped Arcbest Corp (NASDAQ:ARCB) stake by 81,397 shares and now owns 104,217 shares. Orthofix Intl N V (NASDAQ:OFIX) was raised too.

Among 26 analysts covering Verifone Systems Inc. (NYSE:PAY), 10 have Buy rating, 0 Sell and 16 Hold. Therefore 38% are positive. Verifone Systems Inc. had 57 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Strong Buy” rating on Thursday, October 8 by Raymond James. The stock of VeriFone Systems Inc (NYSE:PAY) has “Outperform” rating given on Friday, September 4 by Wedbush. The company was maintained on Friday, June 9 by RBC Capital Markets. Morgan Stanley maintained VeriFone Systems Inc (NYSE:PAY) on Tuesday, September 20 with “Equal-Weight” rating. The stock of VeriFone Systems Inc (NYSE:PAY) has “Hold” rating given on Wednesday, August 5 by TheStreet. The stock of VeriFone Systems Inc (NYSE:PAY) earned “Buy” rating by Standpoint Research on Thursday, June 9. On Wednesday, June 8 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Wednesday, June 8, the company rating was maintained by Credit Suisse. The firm has “Neutral” rating by Compass Point given on Wednesday, June 8. Pacific Crest maintained VeriFone Systems Inc (NYSE:PAY) rating on Saturday, September 5. Pacific Crest has “Outperform” rating and $39 target.

Investors sentiment increased to 11.77 in Q4 2016. Its up 10.76, from 1.01 in 2016Q3. It increased, as 32 investors sold ICE shares while 16 reduced holdings. 77 funds opened positions while 488 raised stakes. 1.03 billion shares or 903.33% more from 102.32 million shares in 2016Q3 were reported. Fayez Sarofim & reported 0.47% stake. Klingenstein Fields & Ltd Co reported 19,675 shares. Global Invsts has invested 0.02% in Intercontinental Exchange Inc (NYSE:ICE). Stephens Ar owns 0.02% invested in Intercontinental Exchange Inc (NYSE:ICE) for 10,262 shares. Gateway Invest Advisers Limited Liability Corp holds 0.23% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE) for 444,419 shares. Moreover, Honeywell Incorporated has 0.95% invested in Intercontinental Exchange Inc (NYSE:ICE) for 501,500 shares. California Employees Retirement Systems accumulated 0.11% or 1.20M shares. Liberty Cap Mgmt Inc owns 7,335 shares for 0.27% of their portfolio. First Mercantile Tru Co holds 48,202 shares. Retirement Sys Of Alabama owns 290,589 shares. Northcoast Asset Management Ltd Llc reported 0.21% stake. Hl Svcs Ltd Liability Corp invested in 0.03% or 23,134 shares. Montag And Caldwell Limited Com invested in 2.42 million shares. Lpl Financial, a California-based fund reported 30,509 shares. Raymond James Finance Svcs Advsr has 196,897 shares for 0.09% of their portfolio.

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