Fiserv, Inc. $FISV Shares Purchased by Value Holdings Management CO. LLC

Value Holdings Management CO. LLC boosted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 39.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,000 shares of the business services provider’s stock after purchasing an additional 13,000 shares during the quarter. Fiserv makes up 1.0% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 24th biggest holding. Value Holdings Management CO. LLC’s holdings in Fiserv were worth $5,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in FISV. Activest Wealth Management raised its holdings in Fiserv by 3,150.0% in the first quarter. Activest Wealth Management now owns 130 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 126 shares in the last quarter. Hager Investment Management Services LLC purchased a new stake in shares of Fiserv in the 2nd quarter valued at approximately $34,000. Clear Street LLC acquired a new stake in shares of Fiserv in the 2nd quarter valued at $34,000. Christopher J. Hasenberg Inc lifted its position in shares of Fiserv by 218.5% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 207 shares of the business services provider’s stock worth $36,000 after purchasing an additional 142 shares during the last quarter. Finally, Armstrong Advisory Group Inc. grew its stake in shares of Fiserv by 178.9% during the second quarter. Armstrong Advisory Group Inc. now owns 212 shares of the business services provider’s stock worth $37,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Buying and Selling

In other Fiserv news, Director Lance M. Fritz purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was purchased at an average price 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 trade represents a 324.04% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Paul M. Todd acquired 17,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was acquired at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the purchase, the chief financial officer owned 24,453 shares of the company’s stock, valued at $1,526,111.73. This trade represents a 228.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 34,900 shares of company stock worth $2,211,971 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Fiserv Trading Down 0.1%

NASDAQ:FISV opened at $67.94 on Friday. The company has a market capitalization of $36.93 billion, a PE ratio of 10.50, a P/E/G ratio of 2.62 and a beta of 0.80. Fiserv, Inc. has a 52-week low of $59.56 and a 52-week high of $238.59. The stock’s 50 day moving average price is $78.73 and its 200 day moving average price is $123.35. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.15.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, March 26th. The business services provider reported $1.91 earnings per share for the quarter. The business had revenue of $4.32 billion during the quarter. Fiserv had a return on equity of 19.47% and a net margin of 17.05%. On average, research analysts anticipate that Fiserv, Inc. will post 10.23 EPS for the current year.

Wall Street Analyst Weigh In

FISV has been the topic of a number of analyst reports. Seaport Res Ptn cut Fiserv from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $85.00 target price on shares of Fiserv in a research report on Thursday, December 4th. Morgan Stanley cut Fiserv from an “overweight” rating to an “equal weight” rating and set a $81.00 target price for the company. in a research note on Friday, November 14th. Citigroup lowered their price target on Fiserv from $128.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Finally, Wells Fargo & Company raised shares of Fiserv to a “hold” rating in a report on Wednesday, October 22nd. Ten analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $121.08.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.