Windward Capital Management Co. CA lowered its holdings in Fiserv Inc (NASDAQ:FISV) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 135,653 shares of the business services provider’s stock after selling 1,081 shares during the quarter. Fiserv makes up 2.6% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 13th largest position. Windward Capital Management Co. CA’s holdings in Fiserv were worth $17,788,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in FISV. Federated Investors Inc. PA increased its position in shares of Fiserv by 11.7% in the second quarter. Federated Investors Inc. PA now owns 5,851 shares of the business services provider’s stock valued at $716,000 after buying an additional 613 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of Fiserv in the second quarter valued at $723,000. Wells Fargo & Company MN increased its position in shares of Fiserv by 16.3% in the second quarter. Wells Fargo & Company MN now owns 385,075 shares of the business services provider’s stock valued at $47,112,000 after buying an additional 53,889 shares in the last quarter. Aberdeen Asset Management PLC UK increased its position in shares of Fiserv by 2.8% in the second quarter. Aberdeen Asset Management PLC UK now owns 47,127 shares of the business services provider’s stock valued at $5,765,000 after buying an additional 1,266 shares in the last quarter. Finally, AJO LP purchased a new position in shares of Fiserv in the second quarter valued at $2,561,000. 88.46% of the stock is owned by institutional investors.

Shares of Fiserv Inc (NASDAQ:FISV) opened at $137.01 on Thursday. The company has a market capitalization of $28,550.00, a PE ratio of 32.54, a P/E/G ratio of 2.04 and a beta of 0.82. Fiserv Inc has a 52-week low of $104.51 and a 52-week high of $137.38. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.01 and a current ratio of 1.01.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.03). The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Fiserv had a return on equity of 43.56% and a net margin of 16.31%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 EPS. analysts expect that Fiserv Inc will post 5.08 earnings per share for the current year.

A number of brokerages have recently weighed in on FISV. Robert W. Baird restated an “outperform” rating and issued a $146.00 price target (up previously from $136.00) on shares of Fiserv in a research report on Tuesday, October 10th. Zacks Investment Research upgraded Fiserv from a “sell” rating to a “hold” rating in a research report on Monday, October 16th. SunTrust Banks restated a “hold” rating and issued a $130.00 price target on shares of Fiserv in a research report on Wednesday, November 1st. Barclays restated a “hold” rating and issued a $141.00 price target on shares of Fiserv in a research report on Friday, January 5th. Finally, Cowen restated a “hold” rating and issued a $115.00 price target on shares of Fiserv in a research report on Thursday, October 12th. Ten analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $131.70.

In other Fiserv news, insider Kevin J. Schultz sold 3,439 shares of Fiserv stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $131.51, for a total value of $452,262.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $127.22, for a total value of $2,162,740.00. Following the completion of the sale, the insider now owns 313,835 shares of the company’s stock, valued at approximately $39,926,088.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,439 shares of company stock valued at $6,412,063. 1.80% of the stock is currently owned by company insiders.

WARNING: This report was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/fiserv-inc-fisv-holdings-reduced-by-windward-capital-management-co-ca/1802755.html.

Fiserv Company Profile

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv Inc (NASDAQ:FISV).

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with Analyst Ratings Network's FREE daily email newsletter.