As Fiserv (FISV) Share Price Rose, Holder Apg Asset Management Nv Trimmed Holding by $2.80 Million; As Banco Santander Brasil S A (BSBR) Stock Declined, Credit Suisse Ag Cut Stake by $2.57 Million

November 14, 2017 - By Marguerite Chambers

Credit Suisse Ag decreased its stake in Banco Santander Brasil S A (BSBR) by 77.46% based on its latest 2017Q2 regulatory filing with the SEC. Credit Suisse Ag sold 366,648 shares as the company’s stock declined 30.30% while stock markets rallied. The institutional investor held 106,713 shares of the commercial banks company at the end of 2017Q2, valued at $804,000, down from 473,361 at the end of the previous reported quarter. Credit Suisse Ag who had been investing in Banco Santander Brasil S A for a number of months, seems to be less bullish one the $33.13B market cap company. The stock declined 1.74% or $0.16 reaching $8.73 per share. About 643,752 shares traded. Banco Santander Brasil SA (ADR) (NYSE:BSBR) has risen 61.99% since November 14, 2016 and is uptrending. It has outperformed by 45.29% the S&P500.

Apg Asset Management Nv decreased its stake in Fiserv Inc (FISV) by 13.61% based on its latest 2017Q2 regulatory filing with the SEC. Apg Asset Management Nv sold 22,968 shares as the company’s stock rose 7.77% with the market. The institutional investor held 145,753 shares of the technology company at the end of 2017Q2, valued at $17.83 million, down from 168,721 at the end of the previous reported quarter. Apg Asset Management Nv who had been investing in Fiserv Inc for a number of months, seems to be less bullish one the $26.90B market cap company. The stock rose 0.71% or $0.91 reaching $129.07. About 306,203 shares traded. Fiserv Inc (NASDAQ:FISV) has risen 18.57% since November 14, 2016 and is uptrending. It has outperformed by 1.87% the S&P500.

Analysts await Banco Santander Brasil SA (ADR) (NYSE:BSBR) to report earnings on November, 15. They expect $0.17 earnings per share, up 88.89% or $0.08 from last year’s $0.09 per share. BSBR’s profit will be $645.14M for 12.84 P/E if the $0.17 EPS becomes a reality.

Credit Suisse Ag, which manages about $41.97B and $102.73B US Long portfolio, upped its stake in Novartis A G (NYSE:NVS) by 5,746 shares to 16,126 shares, valued at $1.35 million in 2017Q2, according to the filing. It also increased its holding in Rayonier Advanced Matls Inc by 58,209 shares in the quarter, for a total of 79,372 shares, and has risen its stake in Anadarko Pete Corp (NYSE:APC).

More notable recent Banco Santander Brasil SA (ADR) (NYSE:BSBR) news were published by: Benzinga.com which released: “18 Biggest Mid-Day Losers For Thursday” on May 18, 2017, also Quotes.Wsj.com with their article: “Banco Santander (Brasil) SA ADR” published on February 11, 2011, Marketwatch.com published: “6.43” on June 04, 2009. More interesting news about Banco Santander Brasil SA (ADR) (NYSE:BSBR) were released by: Marketwatch.com and their article: “Santander Brasil raises $8 billion in 2009’s richest IPO” published on October 07, 2009 as well as Investorplace.com‘s news article titled: “Why Snap Inc (SNAP), Goldcorp Inc. (USA) (GG) and Banco Santander Brasil SA …” with publication date: March 28, 2017.

Among 6 analysts covering Banco Santander Brasil (NYSE:BSBR), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Banco Santander Brasil had 9 analyst reports since November 12, 2015 according to SRatingsIntel. As per Wednesday, November 1, the company rating was upgraded by JP Morgan. The rating was upgraded by Deutsche Bank on Friday, April 28 to “Hold”. JP Morgan downgraded the shares of BSBR in report on Thursday, November 12 to “Market Perform” rating. As per Tuesday, January 19, the company rating was downgraded by HSBC. Citigroup initiated Banco Santander Brasil SA (ADR) (NYSE:BSBR) on Wednesday, November 30 with “Sell” rating. The stock of Banco Santander Brasil SA (ADR) (NYSE:BSBR) has “Neutral” rating given on Monday, October 17 by Credit Suisse. The firm has “Neutral” rating given on Friday, April 7 by Citigroup. J.P. Morgan upgraded Banco Santander Brasil SA (ADR) (NYSE:BSBR) rating on Wednesday, November 1. J.P. Morgan has “Buy” rating and $10.0 target.

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. Credit Suisse maintained the shares of FISV in report on Wednesday, August 2 with “Neutral” rating. The firm has “Buy” rating by Guggenheim given on Monday, July 17. The stock of Fiserv Inc (NASDAQ:FISV) earned “Perform” rating by Oppenheimer on Monday, March 21. The firm has “Equal-Weight” rating given on Wednesday, August 2 by Barclays Capital. RBC Capital Markets maintained the shares of FISV in report on Tuesday, September 5 with “Hold” rating. Pacific Crest initiated the shares of FISV in report on Friday, November 18 with “Sector Weight” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, October 11 report. Monness Crespi maintained the stock with “Buy” rating in Monday, January 9 report. The firm has “Hold” rating by RBC Capital Markets given on Friday, October 6. Argus Research upgraded Fiserv Inc (NASDAQ:FISV) on Monday, May 9 to “Buy” rating.

Apg Asset Management Nv, which manages about $55.06 billion US Long portfolio, upped its stake in Newmont Mining Corp (NYSE:NEM) by 534,550 shares to 8.93M shares, valued at $289.35M in 2017Q2, according to the filing. It also increased its holding in Mobile Telesystems Pjsc (NYSE:MBT) by 54,700 shares in the quarter, for a total of 2.79M shares, and has risen its stake in Delphi Automotive Plc (NYSE:DLPH).

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 $285.53M for 23.55 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.

More notable recent Fiserv Inc (NASDAQ:FISV) news were published by: Nasdaq.com which released: “Turner Investments, Lp Buys Tesla Inc, Alibaba Group Holding, Graco Inc, Sells …” on November 09, 2017, also Jsonline.com with their article: “Third-quarter revenue rises for Fiserv Inc.” published on October 31, 2017, Businesswire.com published: “Bursari Selects Fiserv to Enable Easy and Efficient Digital Payment Acceptance …” on November 13, 2017. More interesting news about Fiserv Inc (NASDAQ:FISV) were released by: Nasdaq.com and their article: “Earnings Reaction History: Fiserv Inc., 66.7% Follow-Through Indicator, 2.2 …” published on October 31, 2017 as well as Nasdaq.com‘s news article titled: “Fiserv Inc. Earnings Rise 8% In Q3” with publication date: October 31, 2017.

Since May 22, 2017, it had 0 buys, and 1 insider sale for $2.07 million activity.

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