Fidelity National Information (FIS) Shareholder Eagle Capital Management Trimmed Position as Stock Price Rose; Iridian Asset Management Holding in Western Digital (WDC) Has Upped by $23.99 Million

January 13, 2018 - By Vivian Park

Boykin Curry decreased its stake in Fidelity National Information (FIS) by 0.76% based on its latest 2017Q3 regulatory filing with the SEC. Eagle Capital Management Llc sold 26,879 shares as the company’s stock rose 1.40% with the market. The hedge fund run by Boykin Curry held 3.53M shares of the miscellaneous company at the end of 2017Q3, valued at $329.62 million, down from 3.56 million at the end of the previous reported quarter. Eagle Capital Management Llc who had been investing in Fidelity National Information for a number of months, seems to be less bullish one the $32.59B market cap company. The stock decreased 0.17% or $0.17 during the last trading session, reaching $97.61. About 1.77M shares traded or 14.23% up from the average. Fidelity National Information Services, Inc. (NYSE:FIS) has risen 14.58% since January 13, 2017 and is uptrending. It has underperformed by 2.12% the S&P500.

David Cohen increased its stake in Western Digital Corp (WDC) by 4.94% based on its latest 2017Q3 regulatory filing with the SEC. Iridian Asset Management Llc bought 278,951 shares as the company’s stock rose 15.69% with the market. The hedge fund run by David Cohen held 5.92M shares of the electronic components company at the end of 2017Q3, valued at $511.55 million, up from 5.64M at the end of the previous reported quarter. Iridian Asset Management Llc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $24.59 billion market cap company. The stock increased 1.06% or $0.87 during the last trading session, reaching $83.12. About 2.99 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since January 13, 2017 and is uptrending. It has outperformed by 109.15% the S&P500.

Iridian Asset Management Llc, which manages about $11.52 billion and $11.71B US Long portfolio, decreased its stake in Ally Financial Inc (NYSE:ALLY) by 1.08 million shares to 3.26 million shares, valued at $79.06M in 2017Q3, according to the filing. It also reduced its holding in Casey’s General Stores Inc (NASDAQ:CASY) by 78,872 shares in the quarter, leaving it with 1.47M shares, and cut its stake in Allegheny Technologies Inc (NYSE:ATI).

Investors sentiment is 1.12 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 65 investors sold WDC shares while 212 reduced holdings. only 69 funds opened positions while 240 raised stakes. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. North Star Invest Mgmt invested in 0.01% or 1,000 shares. Cornercap Inv Counsel Inc invested in 42,185 shares or 0.51% of the stock. United Svcs Automobile Association owns 0.2% invested in Western Digital Corporation (NASDAQ:WDC) for 778,237 shares. Veritable Lp has invested 0.01% in Western Digital Corporation (NASDAQ:WDC). 15,205 were accumulated by State Of Alaska Department Of Revenue. Iridian Asset Ltd Liability Corp Ct reported 5.92 million shares or 4.37% of all its holdings. Moreover, New Mexico Educational Retirement Board has 0.11% invested in Western Digital Corporation (NASDAQ:WDC) for 27,114 shares. Hussman Strategic invested in 35,000 shares. Metropolitan Life New York invested in 141,825 shares. Cypress Gp stated it has 0.31% in Western Digital Corporation (NASDAQ:WDC). State Treasurer State Of Michigan has 89,449 shares. Fny Managed Accounts Lc holds 344 shares. 319 are owned by Ftb Advsr Incorporated. Prelude Limited Liability Co reported 88,703 shares. Nuveen Asset Mgmt Limited Liability invested in 0.1% or 173,785 shares.

Since August 3, 2017, it had 0 insider buys, and 10 sales for $6.56 million activity. LONG MARK P had sold 19,777 shares worth $1.67M on Thursday, August 3. DeMaria Jacqueline sold $1.21M worth of stock. On Monday, August 14 the insider CORDANO MICHAEL D sold $302,975. Another trade for 3,098 shares valued at $263,330 was made by Sivaram Srinivasan on Wednesday, August 16.

Among 35 analysts covering Western Digital (NASDAQ:WDC), 24 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. Western Digital had 149 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, July 25 by Cowen & Co. The company was upgraded on Tuesday, April 11 by JP Morgan. Deutsche Bank maintained the shares of WDC in report on Wednesday, October 21 with “Buy” rating. The rating was maintained by Maxim Group on Wednesday, October 12 with “Buy”. Barclays Capital maintained Western Digital Corporation (NASDAQ:WDC) rating on Tuesday, January 31. Barclays Capital has “Overweight” rating and $100 target. The rating was maintained by Jefferies with “Buy” on Wednesday, August 17. The firm has “Buy” rating by Citigroup given on Thursday, March 24. The stock of Western Digital Corporation (NASDAQ:WDC) earned “Buy” rating by Evercore on Wednesday, December 13. The company was maintained on Monday, June 26 by BMO Capital Markets. KeyBanc Capital Markets maintained the stock with “Hold” rating in Thursday, October 26 report.

Analysts await Fidelity National Information Services, Inc. (NYSE:FIS) to report earnings on February, 6. They expect $1.34 earnings per share, up 17.54% or $0.20 from last year’s $1.14 per share. FIS’s profit will be $447.39M for 18.21 P/E if the $1.34 EPS becomes a reality. After $1.18 actual earnings per share reported by Fidelity National Information Services, Inc. for the previous quarter, Wall Street now forecasts 13.56% EPS growth.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.13, from 0.94 in 2017Q2. It improved, as 34 investors sold FIS shares while 187 reduced holdings. 61 funds opened positions while 175 raised stakes. 286.04 million shares or 1.76% more from 281.10 million shares in 2017Q2 were reported. Gulf Int Bancorp (Uk) has invested 0.13% in Fidelity National Information Services, Inc. (NYSE:FIS). Robeco Institutional Asset Bv reported 106,203 shares. Winslow Evans Crocker Inc owns 4,400 shares for 0.14% of their portfolio. Dimensional Fund Advisors LP has 0.12% invested in Fidelity National Information Services, Inc. (NYSE:FIS). Maverick Cap Ltd holds 1.54% of its portfolio in Fidelity National Information Services, Inc. (NYSE:FIS) for 1.30M shares. Boston Prns holds 3.71 million shares or 0.43% of its portfolio. Horizon Investments Limited Liability accumulated 0.13% or 26,274 shares. Acadian Asset Management Limited Company holds 660 shares or 0% of its portfolio. Duncker Streett And Co has 0.08% invested in Fidelity National Information Services, Inc. (NYSE:FIS). Morgan Stanley stated it has 0.02% in Fidelity National Information Services, Inc. (NYSE:FIS). Farmers & Merchants has 0% invested in Fidelity National Information Services, Inc. (NYSE:FIS). Northern Mgmt Limited Liability Corp holds 0.2% in Fidelity National Information Services, Inc. (NYSE:FIS) or 6,856 shares. Btc Capital Management Inc holds 0.13% of its portfolio in Fidelity National Information Services, Inc. (NYSE:FIS) for 8,081 shares. Eagle Cap Management Ltd reported 3.53M shares stake. Hutchin Hill Cap LP invested in 161,900 shares or 0.57% of the stock.

Since August 4, 2017, it had 0 buys, and 6 insider sales for $49.17 million activity. $1.66M worth of Fidelity National Information Services, Inc. (NYSE:FIS) was sold by JAMES STEPHAN A. On Friday, August 4 the insider MARTIRE FRANK R sold $36.14 million. On Friday, September 8 Jabbour Anthony M sold $9.24 million worth of Fidelity National Information Services, Inc. (NYSE:FIS) or 100,000 shares. 17,000 shares valued at $1.61 million were sold by HUNT DAVID K on Friday, December 15.

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