Riverpoint Capital Management Has Decreased Its Holding in Amerisourcebergen (ABC) by $3.58 Million; Fiserv (FISV) Shareholder Toth Financial Advisory Trimmed Holding by $433,610

May 23, 2018 - By Henry Gaston

Fiserv, Inc. (NASDAQ:FISV) Logo

Riverpoint Capital Management Llc decreased its stake in Amerisourcebergen Corp (ABC) by 71.16% based on its latest 2017Q4 regulatory filing with the SEC. Riverpoint Capital Management Llc sold 39,348 shares as the company’s stock declined 9.14% with the market. The institutional investor held 15,948 shares of the other pharmaceuticals company at the end of 2017Q4, valued at $1.46M, down from 55,296 at the end of the previous reported quarter. Riverpoint Capital Management Llc who had been investing in Amerisourcebergen Corp for a number of months, seems to be less bullish one the $18.58B market cap company. The stock increased 0.20% or $0.17 during the last trading session, reaching $84.51. About 1.06 million shares traded. AmerisourceBergen Corporation (NYSE:ABC) has declined 3.97% since May 23, 2017 and is downtrending. It has underperformed by 15.52% the S&P500.

Toth Financial Advisory Corp decreased its stake in Fiserv Inc (FISV) by 4.23% based on its latest 2017Q4 regulatory filing with the SEC. Toth Financial Advisory Corp sold 3,310 shares as the company’s stock rose 7.86% while stock markets declined. The institutional investor held 74,859 shares of the technology company at the end of 2017Q4, valued at $9.82 million, down from 78,169 at the end of the previous reported quarter. Toth Financial Advisory Corp who had been investing in Fiserv Inc for a number of months, seems to be less bullish one the $29.34 billion market cap company. The stock decreased 2.17% or $1.59 during the last trading session, reaching $71.66. About 1.98M shares traded or 4.12% up from the average. Fiserv, Inc. (NASDAQ:FISV) has risen 21.71% since May 23, 2017 and is uptrending. It has outperformed by 10.16% the S&P500.

Toth Financial Advisory Corp, which manages about $319.42 million and $422.09 million US Long portfolio, upped its stake in Spdr Series Trust (XRT) by 13,680 shares to 86,266 shares, valued at $3.90M in 2017Q4, according to the filing. It also increased its holding in Spdr S&P 500 Etf Tr (SPY) by 1,420 shares in the quarter, for a total of 4,304 shares, and has risen its stake in Ishares Tr (IBB).

Investors sentiment increased to 0.81 in Q4 2017. Its up 0.08, from 0.73 in 2017Q3. It improved, as 25 investors sold FISV shares while 292 reduced holdings. 81 funds opened positions while 176 raised stakes. 177.89 million shares or 1.23% less from 180.11 million shares in 2017Q3 were reported. Fulton Bank Na, a Pennsylvania-based fund reported 6,181 shares. Whitnell accumulated 51,857 shares. Riverhead Capital Ltd Com holds 8,869 shares. Bank & Trust Of New York Mellon Corp stated it has 2.02M shares. Rbf Capital Ltd Liability reported 2,000 shares stake. Ameritas Prtnrs Incorporated reported 0.05% stake. Aviva Plc has invested 0.09% in Fiserv, Inc. (NASDAQ:FISV). New Jersey-based Private Advisor Gp Ltd Liability Com has invested 0.07% in Fiserv, Inc. (NASDAQ:FISV). Wells Fargo Mn invested in 480,953 shares or 0.02% of the stock. Tdam Usa reported 1,647 shares. Longview (Guernsey) Ltd invested in 3.74% or 5.45 million shares. Dana Advisors Inc, a Wisconsin-based fund reported 14,404 shares. North Star Investment Mgmt Corporation owns 3,320 shares or 0.05% of their US portfolio. Clarivest Asset Management Ltd Llc reported 327,396 shares stake. Horizon Ltd Liability Company accumulated 14,934 shares.

Since December 11, 2017, it had 1 insider buy, and 7 selling transactions for $15.52 million activity. Shares for $3.61 million were sold by YABUKI JEFFERY W. $452,263 worth of stock was sold by Schultz Kevin J on Monday, December 11. On Friday, December 15 the insider VIELEHR BYRON C sold $1.31M. 353 Fiserv, Inc. (NASDAQ:FISV) shares with value of $49,981 were bought by DiSimone Harry.

Among 24 analysts covering Fiserv (NASDAQ:FISV), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. Fiserv had 61 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Buy” rating given on Friday, February 9 by SunTrust. Cowen & Co maintained Fiserv, Inc. (NASDAQ:FISV) on Wednesday, October 11 with “Hold” rating. The company was downgraded on Monday, March 21 by Oppenheimer. As per Monday, February 5, the company rating was maintained by Stephens. The firm earned “Hold” rating on Tuesday, August 1 by RBC Capital Markets. The firm earned “Hold” rating on Friday, October 6 by RBC Capital Markets. Oppenheimer maintained Fiserv, Inc. (NASDAQ:FISV) rating on Wednesday, October 28. Oppenheimer has “Outperform” rating and $100 target. Topeka Capital Markets maintained the stock with “Hold” rating in Wednesday, October 28 report. The firm earned “Hold” rating on Tuesday, October 31 by SunTrust. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Hold” rating given on Thursday, April 5 by Stephens.

Analysts await Fiserv, Inc. (NASDAQ:FISV) to report earnings on August, 7. They expect $0.74 earnings per share, up 23.33% or $0.14 from last year’s $0.6 per share. FISV’s profit will be $302.98M for 24.21 P/E if the $0.74 EPS becomes a reality. After $0.76 actual earnings per share reported by Fiserv, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Another recent and important Fiserv, Inc. (NASDAQ:FISV) news was published by Benzinga.com which published an article titled: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” on May 21, 2018.

Analysts await AmerisourceBergen Corporation (NYSE:ABC) to report earnings on August, 2. They expect $1.50 EPS, up 4.90% or $0.07 from last year’s $1.43 per share. ABC’s profit will be $329.71M for 14.09 P/E if the $1.50 EPS becomes a reality. After $1.94 actual EPS reported by AmerisourceBergen Corporation for the previous quarter, Wall Street now forecasts -22.68% negative EPS growth.

Among 20 analysts covering AmerisourceBergen (NYSE:ABC), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. AmerisourceBergen had 74 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, June 30 by Bank of America. The stock has “Hold” rating by Jefferies on Friday, November 3. The rating was maintained by Mizuho on Wednesday, January 24 with “Hold”. The firm has “Hold” rating by Jefferies given on Thursday, July 27. The company was upgraded on Tuesday, January 17 by Leerink Swann. The firm earned “Equal-Weight” rating on Thursday, September 14 by Morgan Stanley. The stock has “Buy” rating by Goldman Sachs on Friday, December 15. The stock of AmerisourceBergen Corporation (NYSE:ABC) has “Mkt Perform” rating given on Friday, May 6 by FBR Capital. The rating was maintained by Needham with “Buy” on Friday, September 8. Bank of America maintained the stock with “Neutral” rating in Tuesday, June 7 report.

Riverpoint Capital Management Llc, which manages about $1.62 billion and $1.65B US Long portfolio, upped its stake in Citizens Finl Group Inc (NYSE:CFG) by 12,883 shares to 519,484 shares, valued at $21.81M in 2017Q4, according to the filing. It also increased its holding in Air Prods & Chems Inc (NYSE:APD) by 3,886 shares in the quarter, for a total of 127,387 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

More notable recent AmerisourceBergen Corporation (NYSE:ABC) news were published by: Seekingalpha.com which released: “3Pea Is A Payment Processor With >40% Organic Growth Selling For Half Of Peer Multiples” on May 23, 2018, also Seekingalpha.com with their article: “More states sue over opioid epidemic” published on May 16, 2018, Seekingalpha.com published: “Key events next week – healthcare” on April 27, 2018. More interesting news about AmerisourceBergen Corporation (NYSE:ABC) were released by: Seekingalpha.com and their article: “Expanding Medicare drug price negotiation?” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Trump set to unveil drug price policy” with publication date: May 07, 2018.

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