Verifone Systems Inc (NYSE:PAY) Big Money Quarterly Sentiment at 1.08

May 3, 2018 - By Carey Conley

VeriFone Systems, Inc. (NYSE:PAY) Corporate Logo

“Big money” Positions

In 2017 Q4 Verifone Systems Inc (NYSE:PAY) big money sentiment increased to 1.08, according to SEC filings. So its up 0.20, from 2017Q3’s 0.88. 113 investment professionals opened new and increased positions, while 105 cut down and sold holdings in Verifone Systems Inc so the sentiment increased. These funds own 112.41 million shares, that’s down from 114.66 million shares in 2017Q3. Funds holding Verifone Systems Inc in top 10 was flat from 1 to 1 for the same number . 35 Investors Sold All; 70 Reduced Holdings; 73 increased stakes while 40 investment professionals bought stakes.

Largest Verifone Systems Inc Investors

Lapides Asset Management Llc owns 1.12 million shares in Verifone Systems Inc as of 2017 Q4. Verifone Systems Inc’s shareholder Guinness Atkinson Asset Management Inc owns 306,710 shares as of 2017 Q4. Snow Capital Management Lp reported 3.88 million shares. Sg Capital Management Llc revealed 619,407 shares position in Verifone Systems Inc. The Arkansas-based fund Horrell Capital Management Inc. looks positive on Verifone Systems Inc, owning 225,000 shares.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide.The firm is worth $2.53 billion. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN transactions; and multimedia consumer facing POS devices.Currently it has negative earnings. The firm also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows smartphones and tablets.

The stock decreased 0.39% or $0.09 during the last trading session, hitting $22.83.Currently VeriFone Systems, Inc. is downtrending after 17.61% change in last May 3, 2017. PAY has also 1.52M shares volume. PAY underperformed by 29.16% the S&P500.

Earnings report for VeriFone Systems, Inc. (NYSE:PAY) is expected on June, 14., Zacks reports. Last year’s EPS was $0.2, while now analysts expect change of 10.00 % up from current $0.22 EPS. If the current EPS of $0.22 is accurate, PAY’s profit could be $24.36 million. Analysts at Wall Street see VeriFone Systems, Inc.’s 37.50 % EPS growth compared to $0.16 EPS for last quarter.

Sg Capital Ltd Limited Liability Company has 2.19% invested in VeriFone Systems, Inc. (NYSE:PAY). Sandy Spring Bancorporation reported 309 shs or 0% of all its holdings. Boothbay Fund Mngmt, New York-based fund reported 29,537 shs. Us Retail Bank De has invested 0% in VeriFone Systems, Inc. (NYSE:PAY). Capital Inv Service Of America reported 324,979 shs stake. Regions Financial Corp holds 0% or 388 shs. Systematic Fincl Management L P owns 86,445 shs. Letko Brosseau Associate Inc has 2.72 million shs. Skyline Asset Mngmt Limited Partnership stated it has 1.2% of its capital in VeriFone Systems, Inc. (NYSE:PAY). Raymond James Financial Services Advsr has invested 0.01% in VeriFone Systems, Inc. (NYSE:PAY). Proshare Advisors Limited reported 27,151 shs. Fund holds 0% or 26,646 shs in its capital. State Treasurer State Of Michigan has invested 0.01% in VeriFone Systems, Inc. (NYSE:PAY). Oregon Public Employees Retirement Fund holds 0.01% or 41,148 shs. Private Harbour Investment Mngmt Counsel invested in 37,810 shs.

VeriFone Systems, Inc. (NYSE:PAY) Ratings Coverage

In total 11 analysts cover Verifone (NYSE:PAY). “Buy” rating has 2, “Sell” are 0, while 9 are “Hold”. (NYSE:PAY) has 18% bullish analysts. 13 are the (NYSE:PAY)’s ratings reports on 3 May 2018 according to StockzIntelligence Inc. On Thursday, November 16 the rating was downgraded by Raymond James to “Outperform”. In Tuesday, November 14 report RBC Capital Markets maintained it with “Hold” rating and $20.0 target. On Monday, December 11 the rating was maintained by Raymond James with “Buy”. On Tuesday, April 10 the stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Hold” rating by Standpoint Research. On Tuesday, April 10 the stock has “Hold” rating by SunTrust. On Tuesday, April 10 the rating was maintained by Citigroup with “Neutral”. In Monday, April 9 report Piper Jaffray maintained the stock with “Hold” rating. On Tuesday, April 10 the company was maintained by JP Morgan. On Thursday, March 8 BTIG Research maintained VeriFone Systems, Inc. (NYSE:PAY) with “Hold” rating. On Wednesday, December 13 the rating was maintained by Credit Suisse with “Neutral”.

VeriFone Systems, Inc. (NYSE:PAY) Institutional Investors Chart

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