Public Employees Retirement Association of Colorado decreased its stake in shares of Fiserv Inc. (NASDAQ:FISV) by 0.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 601,330 shares of the company’s stock after selling 4,348 shares during the period. Public Employees Retirement Association of Colorado owned approximately 0.27% of Fiserv worth $65,383,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. BB&T Securities LLC boosted its position in Fiserv by 329.7% in the first quarter. BB&T Securities LLC now owns 32,212 shares of the company’s stock valued at $3,304,000 after buying an additional 24,715 shares during the last quarter. Credit Agricole S A boosted its position in Fiserv by 450.1% in the first quarter. Credit Agricole S A now owns 896,321 shares of the company’s stock valued at $91,946,000 after buying an additional 733,391 shares during the last quarter. Maryland Capital Management boosted its position in Fiserv by 16.2% in the first quarter. Maryland Capital Management now owns 2,875 shares of the company’s stock valued at $295,000 after buying an additional 400 shares during the last quarter. Investec Asset Management North America Inc. boosted its position in Fiserv by 6.3% in the first quarter. Investec Asset Management North America Inc. now owns 106,992 shares of the company’s stock valued at $10,975,000 after buying an additional 6,369 shares during the last quarter. Finally, Investec Asset Management LTD boosted its position in Fiserv by 6.0% in the first quarter. Investec Asset Management LTD now owns 1,928,611 shares of the company’s stock valued at $197,837,000 after buying an additional 109,973 shares during the last quarter. Hedge funds and other institutional investors own 87.25% of the company’s stock.

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Shares of Fiserv Inc. (NASDAQ:FISV) traded down 0.82% during midday trading on Friday, reaching $99.98. 1,570,955 shares of the company’s stock were exchanged. Fiserv Inc. has a 12 month low of $85.63 and a 12 month high of $111.51. The stock has a market cap of $21.98 billion, a PE ratio of 25.38 and a beta of 0.91. The company’s 50 day moving average is $101.40 and its 200-day moving average is $103.62.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, August 2nd. The company reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.01. Fiserv had a return on equity of 35.52% and a net margin of 16.89%. The company earned $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. Equities analysts forecast that Fiserv Inc. will post $4.44 EPS for the current fiscal year.

Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of Fiserv from a “buy” rating to a “hold” rating in a research note on Monday, July 11th. Barclays PLC increased their price objective on shares of Fiserv from $93.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, July 7th. Jefferies Group increased their price objective on shares of Fiserv from $119.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Credit Suisse Group AG restated a “hold” rating and issued a $101.00 price objective on shares of Fiserv in a research note on Wednesday, August 3rd. Finally, Deutsche Bank AG increased their price objective on shares of Fiserv from $95.00 to $101.00 and gave the company a “hold” rating in a research note on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. Fiserv currently has a consensus rating of “Hold” and a consensus price target of $105.71.

In other news, insider Jeffery W. Yabuki sold 12,000 shares of Fiserv stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of $100.46, for a total transaction of $1,205,520.00. Following the completion of the sale, the insider now owns 323,994 shares of the company’s stock, valued at $32,548,437.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Rahul Gupta sold 15,225 shares of Fiserv stock in a transaction on Monday, September 12th. The stock was sold at an average price of $101.02, for a total value of $1,538,029.50. Following the sale, the insider now directly owns 66,129 shares of the company’s stock, valued at approximately $6,680,351.58. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company operates through two segments: Payments and Industry Products (Payments) and Financial Institution Services (Financial). The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services.

5 Day Chart for NASDAQ:FISV

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