Whale Rock Capital Management Has Trimmed Netease (NTES) Stake; Fifth Third Bancorp Lowered Its Fiserv (FISV) Position

December 7, 2017 - By Henry Gaston

Whale Rock Capital Management Llc decreased Netease Inc (NTES) stake by 40.5% reported in 2017Q2 SEC filing. Whale Rock Capital Management Llc sold 142,136 shares as Netease Inc (NTES)’s stock declined

3.53%. The Whale Rock Capital Management Llc holds 208,815 shares with $62.78 million value, down from 350,951 last quarter. Netease Inc now has $41.77B valuation. The stock decreased 0.03% or $0.095 during the last trading session, reaching $318.185. About 222,852 shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since December 7, 2016 and is uptrending. It has outperformed by 61.15% the S&P500.

Fifth Third Bancorp decreased Fiserv Inc (FISV) stake by 6.99% reported in 2017Q2 SEC filing. Fifth Third Bancorp sold 6,083 shares as Fiserv Inc (FISV)’s stock rose 7.77%. The Fifth Third Bancorp holds 80,906 shares with $9.90M value, down from 86,989 last quarter. Fiserv Inc now has $27.13 billion valuation. The stock decreased 0.29% or $0.38 during the last trading session, reaching $130.18. About 58,452 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 18.57% since December 7, 2016 and is uptrending. It has outperformed by 1.87% the S&P500.

Among 18 analysts covering NetEase (NASDAQ:NTES), 11 have Buy rating, 4 Sell and 3 Hold. Therefore 61% are positive. NetEase had 39 analyst reports since August 12, 2015 according to SRatingsIntel. On Wednesday, October 4 the stock rating was initiated by Barclays Capital with “Hold”. Standpoint Research upgraded NetEase, Inc. (NASDAQ:NTES) on Wednesday, August 26 to “Hold” rating. Bernstein initiated NetEase, Inc. (NASDAQ:NTES) on Wednesday, January 11 with “Underperform” rating. As per Thursday, November 10, the company rating was maintained by Morgan Stanley. The stock has “Outperform” rating by Macquarie Research on Wednesday, September 28. The stock of NetEase, Inc. (NASDAQ:NTES) has “Underperform” rating given on Thursday, February 25 by Credit Agricole. Jefferies downgraded it to “Hold” rating and $290.0 target in Tuesday, October 3 report. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Hold” rating by Standpoint Research on Friday, October 16. The stock has “Buy” rating by Jefferies on Monday, November 28. The rating was upgraded by Nomura on Thursday, May 12 to “Buy”.

Analysts await Fiserv, Inc. (NASDAQ:FISV) to report earnings on February, 14. They expect $1.37 earnings per share, up 18.10% or $0.21 from last year’s $1.16 per share. FISV’s profit will be $285.50M for 23.76 P/E if the $1.37 EPS becomes a reality. After $1.27 actual earnings per share reported by Fiserv, Inc. for the previous quarter, Wall Street now forecasts 7.87% EPS growth.

Among 22 analysts covering Fiserv (NASDAQ:FISV), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Fiserv had 44 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained Fiserv, Inc. (NASDAQ:FISV) rating on Tuesday, September 5. RBC Capital Markets has “Hold” rating and $128.0 target. As per Tuesday, October 4, the company rating was upgraded by Monness Crespi & Hardt. As per Thursday, December 17, the company rating was initiated by Sterne Agee CRT. Jefferies maintained the stock with “Buy” rating in Thursday, August 4 report. RBC Capital Markets maintained it with “Sector Perform” rating and $90 target in Thursday, July 30 report. The stock has “Hold” rating by Topeka Capital Markets on Wednesday, October 28. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. The stock has “Hold” rating by Cantor Fitzgerald on Friday, October 7. Wedbush initiated Fiserv, Inc. (NASDAQ:FISV) rating on Friday, September 9. Wedbush has “Outperform” rating and $115 target. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Hold” rating given on Friday, October 6 by RBC Capital Markets.

Fifth Third Bancorp increased Zoetis Inc (NYSE:ZTS) stake by 28,756 shares to 48,888 valued at $3.05M in 2017Q2. It also upped Timken Co (NYSE:TKR) stake by 9,650 shares and now owns 9,945 shares. Johnson & Johnson (NYSE:JNJ) was raised too.

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