Fiserv, Inc. $FISV Stock Position Boosted by Stanley Capital Management LLC

Stanley Capital Management LLC increased its holdings in Fiserv, Inc. (NASDAQ:FISV) by 8.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,559 shares of the business services provider’s stock after acquiring an additional 10,000 shares during the quarter. Fiserv makes up about 3.9% of Stanley Capital Management LLC’s holdings, making the stock its 7th biggest position. Stanley Capital Management LLC’s holdings in Fiserv were worth $23,372,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. E Fund Management Co. Ltd. raised its holdings in shares of Fiserv by 3.9% in the first quarter. E Fund Management Co. Ltd. now owns 1,463 shares of the business services provider’s stock valued at $323,000 after buying an additional 55 shares during the last quarter. LaSalle St. Investment Advisors LLC grew its holdings in shares of Fiserv by 5.1% during the first quarter. LaSalle St. Investment Advisors LLC now owns 1,273 shares of the business services provider’s stock worth $281,000 after buying an additional 62 shares during the last quarter. SageView Advisory Group LLC increased its position in Fiserv by 4.0% in the 1st quarter. SageView Advisory Group LLC now owns 1,598 shares of the business services provider’s stock valued at $353,000 after acquiring an additional 62 shares during the period. 17 Capital Partners LLC raised its stake in Fiserv by 0.9% during the 1st quarter. 17 Capital Partners LLC now owns 7,513 shares of the business services provider’s stock valued at $1,659,000 after acquiring an additional 70 shares during the last quarter. Finally, Hemington Wealth Management raised its stake in Fiserv by 8.3% during the 1st quarter. Hemington Wealth Management now owns 936 shares of the business services provider’s stock valued at $206,000 after acquiring an additional 72 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Up 0.9%

NASDAQ:FISV opened at $63.24 on Wednesday. Fiserv, Inc. has a 1 year low of $59.56 and a 1 year high of $238.59. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a fifty day moving average price of $94.29 and a two-hundred day moving average price of $131.47. The stock has a market capitalization of $34.38 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 2.41 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, March 26th. The business services provider reported $1.91 EPS for the quarter. Fiserv had a net margin of 17.05% and a return on equity of 19.47%. The company had revenue of $4.32 billion for the quarter. As a group, sell-side analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on FISV shares. Raymond James Financial set a $167.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Friday, October 10th. Seaport Res Ptn downgraded Fiserv from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Morgan Stanley lowered shares of Fiserv from an “overweight” rating to an “equal weight” rating and set a $81.00 price objective on the stock. in a research report on Friday, November 14th. Wolfe Research reissued a “peer perform” rating on shares of Fiserv in a research note on Wednesday, October 29th. Finally, BNP Paribas cut shares of Fiserv from an “outperform” rating to a “neutral” rating and set a $62.00 target price for the company. in a research note on Wednesday, November 5th. Eleven analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fiserv has a consensus rating of “Hold” and a consensus price target of $121.08.

Insider Buying and Selling

In related news, insider Adam L. Rosman purchased 7,900 shares of Fiserv stock in a transaction dated Tuesday, December 2nd. The stock was bought at an average cost of $63.19 per share, for a total transaction of $499,201.00. Following the transaction, the insider owned 61,285 shares in the company, valued at approximately $3,872,599.15. The trade was a 14.80% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lance M. Fritz purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were purchased at an average cost of $65.18 per share, for a total transaction of $651,800.00. Following the purchase, the director directly owned 13,086 shares in the company, valued at approximately $852,945.48. This represents a 324.04% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 34,900 shares of company stock valued at $2,211,971. Corporate insiders own 0.75% of the company’s stock.

Fiserv Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.