Oak Ridge Investments Has Decreased Rambus (RMBS) Stake By $5.82 Million; Riverpoint Capital Management Decreased By $455,376 Its Fiserv (FISV) Position

July 17, 2017 - By Winifred Garcia

Riverpoint Capital Management Llc decreased Fiserv Inc (FISV) stake by 2.95% reported in 2016Q4 SEC filing. Riverpoint Capital Management Llc sold 4,296 shares as Fiserv Inc (FISV)’s stock rose 7.77%. The Riverpoint Capital Management Llc holds 141,205 shares with $15.01M value, down from 145,501 last quarter. Fiserv Inc now has $26.69 billion valuation. The stock rose 1.38% or $1.7 reaching $125.31. About 390,143 shares traded. Fiserv Inc (NASDAQ:FISV) has risen 18.57% since July 17, 2016 and is uptrending. It has outperformed by 1.87% the S&P500.

Oak Ridge Investments Llc decreased Rambus Inc (RMBS) stake by 11.99% reported in 2016Q4 SEC filing. Oak Ridge Investments Llc sold 447,346 shares as Rambus Inc (RMBS)’s stock declined 4.13%. The Oak Ridge Investments Llc holds 3.29M shares with $45.24M value, down from 3.73M last quarter. Rambus Inc now has $1.41 billion valuation. The stock declined 1.29% or $0.17 reaching $12.6 per share. About 720,446 shares traded. Rambus Inc. (NASDAQ:RMBS) has risen 7.57% since July 17, 2016 and is uptrending. It has underperformed by 9.13% the S&P500.

Since February 14, 2017, it had 0 insider purchases, and 6 selling transactions for $10.36 million activity. On Friday, February 17 KEARNEY DANIEL P sold $850,421 worth of Fiserv Inc (NASDAQ:FISV) or 7,658 shares. $1.99 million worth of Fiserv Inc (NASDAQ:FISV) was sold by YABUKI JEFFERY W on Wednesday, March 15. OLEARY DENIS sold 8,654 shares worth $952,560. McCreary Lynn S. had sold 4,309 shares worth $504,239 on Wednesday, March 1.

Analysts await Fiserv Inc (NASDAQ:FISV) to report earnings on August, 1 after the close. They expect $1.23 earnings per share, up 13.89% or $0.15 from last year’s $1.08 per share. FISV’s profit will be $261.98M for 25.47 P/E if the $1.23 EPS becomes a reality. After $1.25 actual earnings per share reported by Fiserv Inc for the previous quarter, Wall Street now forecasts -1.60% negative EPS growth.

Investors sentiment decreased to 0.65 in Q4 2016. Its down 0.13, from 0.78 in 2016Q3. It turned negative, as 59 investors sold FISV shares while 308 reduced holdings. 64 funds opened positions while 173 raised stakes. 186.66 million shares or 2.43% more from 182.23 million shares in 2016Q3 were reported. Dana Inv Advsrs, a Wisconsin-based fund reported 13,444 shares. Forbes J M And Llp holds 0.09% or 3,160 shares in its portfolio. 167,181 were reported by Ls Investment Advisors Limited Com. Old Mutual Glob Invsts (Uk) Limited accumulated 149,443 shares. Victory Cap Mngmt holds 0% or 16,086 shares in its portfolio. Advisor Prtn Llc invested 0.16% of its portfolio in Fiserv Inc (NASDAQ:FISV). Ifrah Fincl has 4,048 shares for 0.18% of their portfolio. Prudential Public Limited Liability Com invested 0% of its portfolio in Fiserv Inc (NASDAQ:FISV). Commonwealth Bancshares Of Aus reported 0.02% in Fiserv Inc (NASDAQ:FISV). Chase Inv Counsel Corp reported 56,259 shares. Redmond Asset Management owns 23,145 shares or 1.13% of their US portfolio. Geneva Advsrs Lc reported 6,867 shares stake. Asset Mngmt One Co Limited invested in 388,802 shares or 0.1% of the stock. Employees Retirement Of Texas, Texas-based fund reported 23,100 shares. Tarbox Gp has 0.01% invested in Fiserv Inc (NASDAQ:FISV).

Among 21 analysts covering Fiserv (NASDAQ:FISV), 8 have Buy rating, 1 Sell and 12 Hold. Therefore 38% are positive. Fiserv had 32 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, September 9 by Wedbush. The rating was maintained by Monness Crespi with “Buy” on Monday, January 9. As per Tuesday, June 20, the company rating was maintained by Cantor Fitzgerald. On Thursday, July 30 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Thursday, July 30, the company rating was maintained by Barclays Capital. Oppenheimer maintained Fiserv Inc (NASDAQ:FISV) on Wednesday, October 28 with “Outperform” rating. The stock has “Perform” rating by Oppenheimer on Monday, March 21. On Friday, December 11 the stock rating was initiated by Credit Suisse with “Neutral”. The firm earned “Sector Weight” rating on Friday, November 18 by Pacific Crest. The firm has “Hold” rating by Cowen & Co given on Monday, July 10.

Riverpoint Capital Management Llc increased Royal Dutch Shell Plc stake by 6,028 shares to 76,087 valued at $4.14 million in 2016Q4. It also upped Mellanox Technologies Ltd (NASDAQ:MLNX) stake by 27,775 shares and now owns 34,860 shares. Air Prods & Chems Inc (NYSE:APD) was raised too.

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.67, from 1.62 in 2016Q3. It turned negative, as 25 investors sold RMBS shares while 52 reduced holdings. 25 funds opened positions while 48 raised stakes. 87.24 million shares or 1.20% more from 86.21 million shares in 2016Q3 were reported. Trexquant Lp has 0.05% invested in Rambus Inc. (NASDAQ:RMBS) for 23,007 shares. Metropolitan Life Insur Ny invested in 74,120 shares. Natl Bank Of America Corp De, a North Carolina-based fund reported 237,720 shares. 107,544 were reported by Royal Bank & Trust Of Canada. Public Sector Pension Board reported 77,200 shares stake. Alliancebernstein LP has 0% invested in Rambus Inc. (NASDAQ:RMBS) for 194,520 shares. Aperio Grp Inc Ltd reported 0% of its portfolio in Rambus Inc. (NASDAQ:RMBS). Sei Investments reported 62,369 shares stake. Td Asset Management reported 67,900 shares. Highbridge Cap Management reported 0.02% in Rambus Inc. (NASDAQ:RMBS). Blackrock Institutional Com Na holds 2.83M shares or 0.01% of its portfolio. Prudential Financial reported 196,721 shares. Vanguard Group Inc reported 9.33M shares. Credit Agricole S A accumulated 200,000 shares. Architects has invested 0.13% in Rambus Inc. (NASDAQ:RMBS).

Oak Ridge Investments Llc increased Five Below (NASDAQ:FIVE) stake by 467,894 shares to 1.24M valued at $49.62M in 2016Q4. It also upped Criteo Sa (NASDAQ:CRTO) stake by 346,717 shares and now owns 1.12M shares. I Shares Russell 2000 Growth (IWO) was raised too.

Since January 30, 2017, it had 0 insider purchases, and 7 selling transactions for $556,709 activity. BLACK RONALD D sold $154,818 worth of stock or 12,750 shares. STARK LAURA had sold 3,644 shares worth $43,947. SHRIGLEY DAVID A had sold 5,000 shares worth $63,750 on Friday, April 28. Shares for $124,516 were sold by Kim Jae.

Among 8 analysts covering Rambus Inc (NASDAQ:RMBS), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Rambus Inc had 17 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Tuesday, March 7. The rating was initiated by Wunderlich on Friday, June 3 with “Buy”. The stock of Rambus Inc. (NASDAQ:RMBS) earned “Neutral” rating by Sidoti on Monday, March 7. Citigroup maintained Rambus Inc. (NASDAQ:RMBS) on Wednesday, October 21 with “Buy” rating. The stock has “Buy” rating by Sidoti on Thursday, September 17. The rating was initiated by Loop Capital on Tuesday, December 6 with “Buy”. JP Morgan upgraded Rambus Inc. (NASDAQ:RMBS) on Thursday, February 9 to “Overweight” rating. Zacks downgraded the shares of RMBS in report on Thursday, August 27 to “Hold” rating. On Thursday, September 1 the stock rating was initiated by Roth Capital with “Buy”. The stock of Rambus Inc. (NASDAQ:RMBS) earned “Buy” rating by Topeka Capital Markets on Tuesday, October 20.

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