Toth Financial Advisory Corp lowered its stake in Fiserv Inc. (NASDAQ:FISV) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,079 shares of the company’s stock after selling 2,295 shares during the period. Fiserv makes up about 2.5% of Toth Financial Advisory Corp’s portfolio, making the stock its 4th largest position. Toth Financial Advisory Corp’s holdings in Fiserv were worth $8,662,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Fiserv by 65.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,448 shares of the company’s stock valued at $2,306,000 after buying an additional 8,874 shares during the last quarter. First Republic Investment Management Inc. raised its position in shares of Fiserv by 7.0% in the first quarter. First Republic Investment Management Inc. now owns 26,986 shares of the company’s stock valued at $2,767,000 after buying an additional 1,767 shares during the last quarter. BlueMountain Capital Management LLC raised its position in shares of Fiserv by 24.3% in the first quarter. BlueMountain Capital Management LLC now owns 3,634 shares of the company’s stock valued at $373,000 after buying an additional 711 shares during the last quarter. DNB Asset Management AS raised its position in shares of Fiserv by 3.0% in the second quarter. DNB Asset Management AS now owns 17,070 shares of the company’s stock valued at $1,856,000 after buying an additional 500 shares during the last quarter. Finally, Exxonmobil Investment Management Inc. TX raised its position in shares of Fiserv by 6.0% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 57,550 shares of the company’s stock valued at $6,257,000 after buying an additional 3,270 shares during the last quarter. Institutional investors and hedge funds own 85.86% of the company’s stock.

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Fiserv Inc. (NASDAQ:FISV) traded down 0.58% during mid-day trading on Monday, hitting $106.61. 1,425,108 shares of the stock were exchanged. The company has a 50-day moving average price of $100.76 and a 200-day moving average price of $103.75. Fiserv Inc. has a one year low of $85.63 and a one year high of $111.51. The company has a market cap of $23.14 billion, a P/E ratio of 26.74 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $1.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.01. The business earned $1.38 billion during the quarter, compared to analyst estimates of $1.40 billion. Fiserv had a return on equity of 36.84% and a net margin of 16.61%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.03 EPS. On average, analysts predict that Fiserv Inc. will post $4.45 earnings per share for the current fiscal year.

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FISV has been the topic of several recent analyst reports. Deutsche Bank AG increased their price objective on shares of Fiserv from $95.00 to $101.00 and gave the stock a “hold” rating in a report on Wednesday, August 3rd. Barclays PLC raised their price target on shares of Fiserv from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Wednesday, August 3rd. Credit Suisse Group AG restated a “hold” rating and issued a $101.00 price target on shares of Fiserv in a report on Wednesday, August 3rd. JPMorgan Chase & Co. restated a “hold” rating and issued a $112.00 price target on shares of Fiserv in a report on Wednesday, August 3rd. Finally, Zacks Investment Research upgraded shares of Fiserv from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a report on Thursday, August 4th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. Fiserv currently has a consensus rating of “Hold” and a consensus target price of $107.35.

In other news, insider Devin Mcgranahan purchased 15,000 shares of Fiserv stock in a transaction dated Wednesday, November 2nd. The stock was acquired at an average cost of $99.21 per share, for a total transaction of $1,488,150.00. Following the acquisition, the insider now directly owns 25,155 shares in the company, valued at $2,495,627.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeffery W. Yabuki sold 12,000 shares of Fiserv stock in a transaction dated Wednesday, September 21st. The shares were sold at an average price of $100.46, for a total value of $1,205,520.00. Following the sale, the insider now owns 323,994 shares of the company’s stock, valued at $32,548,437.24. 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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