Livingston Group Asset Management CO operating as Southport Capital Management trimmed its holdings in Fiserv Inc (NASDAQ:FISV) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,371 shares of the business services provider’s stock after selling 84 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management’s holdings in Fiserv were worth $852,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kohlberg Kravis Roberts & Co. L.P. purchased a new position in shares of Fiserv during the 3rd quarter worth about $11,438,995,000. State Street Corp lifted its holdings in shares of Fiserv by 44.0% during the 3rd quarter. State Street Corp now owns 23,673,283 shares of the business services provider’s stock worth $2,452,315,000 after acquiring an additional 7,234,231 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Fiserv by 8.3% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 51,136,590 shares of the business services provider’s stock worth $4,661,611,000 after acquiring an additional 3,933,642 shares during the period. Waddell & Reed Financial Inc. lifted its holdings in shares of Fiserv by 302.5% during the 2nd quarter. Waddell & Reed Financial Inc. now owns 2,670,227 shares of the business services provider’s stock worth $243,418,000 after acquiring an additional 2,006,798 shares during the period. Finally, Nuveen Asset Management LLC lifted its holdings in shares of Fiserv by 2,018.4% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,904,545 shares of the business services provider’s stock worth $173,618,000 after acquiring an additional 1,814,639 shares during the period. Institutional investors own 92.66% of the company’s stock.

Several brokerages have recently weighed in on FISV. ValuEngine lowered shares of Fiserv from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 2nd. UBS Group started coverage on shares of Fiserv in a report on Monday, October 14th. They set a “buy” rating and a $120.00 price objective on the stock. Bank of America began coverage on shares of Fiserv in a report on Tuesday, December 3rd. They issued a “buy” rating on the stock. BidaskClub lowered shares of Fiserv from a “hold” rating to a “sell” rating in a report on Saturday, January 4th. Finally, Zacks Investment Research raised shares of Fiserv from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $110.98.

In other news, CEO Jeffery W. Yabuki sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $115.59, for a total transaction of $2,889,750.00. Following the completion of the sale, the chief executive officer now directly owns 223,339 shares in the company, valued at $25,815,755.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Devin Mcgranahan sold 3,500 shares of Fiserv stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $116.12, for a total value of $406,420.00. Following the sale, the executive vice president now directly owns 62,998 shares in the company, valued at $7,315,327.76. The disclosure for this sale can be found here. Insiders sold a total of 146,500 shares of company stock worth $16,777,390 in the last quarter. 1.40% of the stock is currently owned by company insiders.

Shares of NASDAQ FISV traded up $0.82 during trading on Thursday, reaching $119.33. 32,388 shares of the stock were exchanged, compared to its average volume of 2,309,256. The business’s 50-day moving average price is $116.20 and its 200 day moving average price is $106.98. Fiserv Inc has a twelve month low of $68.45 and a twelve month high of $119.31. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $79.92 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 1.72 and a beta of 0.78.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Wednesday, November 6th. The business services provider reported $1.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.02. Fiserv had a net margin of 12.11% and a return on equity of 16.73%. The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period last year, the business earned $0.87 EPS. The business’s revenue was up 5.3% on a year-over-year basis. As a group, sell-side analysts expect that Fiserv Inc will post 4.04 earnings per share for the current fiscal year.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; Internet and mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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