Rational Advisors LLC Decreases Position in Fiserv Inc (FISV)

Rational Advisors LLC trimmed its position in shares of Fiserv Inc (NASDAQ:FISV) by 4.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,836 shares of the business services provider’s stock after selling 464 shares during the period. Rational Advisors LLC’s holdings in Fiserv were worth $868,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in shares of Fiserv by 2.9% during the 4th quarter. BlackRock Inc. now owns 31,345,393 shares of the business services provider’s stock valued at $2,303,573,000 after buying an additional 898,122 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Fiserv by 3.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 23,638,292 shares of the business services provider’s stock valued at $1,737,178,000 after buying an additional 845,558 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Fiserv by 7,194.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,345,408 shares of the business services provider’s stock worth $141,000 after acquiring an additional 10,203,585 shares during the last quarter. Geode Capital Management LLC grew its position in Fiserv by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 6,221,364 shares of the business services provider’s stock worth $456,535,000 after acquiring an additional 469,507 shares during the last quarter. Finally, Northern Trust Corp grew its position in Fiserv by 3.0% during the 4th quarter. Northern Trust Corp now owns 5,360,120 shares of the business services provider’s stock worth $393,915,000 after acquiring an additional 154,269 shares during the last quarter. 94.99% of the stock is currently owned by institutional investors.

Shares of FISV stock opened at $87.20 on Friday. The company has a market capitalization of $34.70 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 2.13 and a beta of 0.80. Fiserv Inc has a fifty-two week low of $68.45 and a fifty-two week high of $91.19. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.07 and a current ratio of 1.07.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, April 30th. The business services provider reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.51 billion. Fiserv had a return on equity of 50.83% and a net margin of 16.81%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company earned $0.76 EPS. Research analysts forecast that Fiserv Inc will post 3.46 earnings per share for the current year.

In related news, insider Jeffery W. Yabuki sold 2,000 shares of Fiserv stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $88.95, for a total transaction of $177,900.00. Following the sale, the insider now directly owns 371,429 shares in the company, valued at $33,038,609.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffery W. Yabuki sold 50,000 shares of Fiserv stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $83.96, for a total value of $4,198,000.00. Following the sale, the insider now owns 436,141 shares in the company, valued at $36,618,398.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 129,912 shares of company stock worth $11,034,771. Corporate insiders own 1.40% of the company’s stock.

Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Fiserv from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. BidaskClub lowered Fiserv from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Moffett Nathanson assumed coverage on Fiserv in a research report on Tuesday. They set a “buy” rating and a $108.00 price target on the stock. William Blair restated an “outperform” rating on shares of Fiserv in a research report on Wednesday, May 1st. Finally, Buckingham Research assumed coverage on Fiserv in a research report on Thursday, February 7th. They set a “buy” rating and a $100.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. Fiserv presently has a consensus rating of “Buy” and a consensus price target of $89.59.

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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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