Exxonmobil Investment Management Inc. TX cut its position in Fiserv Inc (NASDAQ:FISV) by 13.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,136 shares of the business services provider’s stock after selling 5,298 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Fiserv were worth $4,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of FISV. Toronto Dominion Bank lifted its position in Fiserv by 10.9% during the third quarter. Toronto Dominion Bank now owns 80,652 shares of the business services provider’s stock worth $10,400,000 after buying an additional 7,944 shares in the last quarter. Huntington National Bank lifted its position in Fiserv by 3.1% during the third quarter. Huntington National Bank now owns 219,132 shares of the business services provider’s stock worth $28,259,000 after buying an additional 6,646 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Fiserv during the third quarter worth approximately $1,290,000. Atlanta Capital Management Co. L L C lifted its position in Fiserv by 2.3% during the second quarter. Atlanta Capital Management Co. L L C now owns 390,692 shares of the business services provider’s stock worth $47,798,000 after buying an additional 8,832 shares in the last quarter. Finally, Westpac Banking Corp lifted its position in Fiserv by 323.3% during the third quarter. Westpac Banking Corp now owns 58,407 shares of the business services provider’s stock worth $7,532,000 after buying an additional 44,609 shares in the last quarter. 88.46% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Fiserv Inc (FISV) opened at $137.83 on Friday. Fiserv Inc has a 1 year low of $104.51 and a 1 year high of $137.91. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.14. The company has a market capitalization of $28,720.00, a price-to-earnings ratio of 32.74, a price-to-earnings-growth ratio of 2.04 and a beta of 0.82.

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

FISV has been the topic of a number of analyst reports. Zacks Investment Research downgraded Fiserv from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Cantor Fitzgerald restated a “hold” rating and issued a $126.00 target price on shares of Fiserv in a research report on Wednesday, November 1st. Royal Bank of Canada restated a “hold” rating and issued a $128.00 target price on shares of Fiserv in a research report on Sunday, October 8th. Cowen restated a “hold” rating and issued a $115.00 target price on shares of Fiserv in a research report on Thursday, October 12th. Finally, Barclays restated a “hold” rating and issued a $141.00 target price on shares of Fiserv in a research report on Friday, January 5th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $131.70.

In related news, insider Jeffery W. Yabuki sold 17,000 shares of the business’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $127.22, for a total value of $2,162,740.00. Following the sale, the insider now owns 313,835 shares in the company, valued at approximately $39,926,088.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Byron C. Vielehr sold 10,000 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $131.03, for a total value of $1,310,300.00. Following the completion of the sale, the insider now owns 19,719 shares in the company, valued at approximately $2,583,780.57. The disclosure for this sale can be found here. Insiders sold a total of 49,439 shares of company stock worth $6,412,063 in the last quarter. Company insiders own 1.80% of the company’s stock.

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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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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