Bronfman E.L. Rothschild L.P. raised its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,660 shares of the business services provider’s stock after purchasing an additional 626 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Fiserv were worth $2,277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FISV. Janus Henderson Group PLC increased its position in Fiserv by 267.7% during the 2nd quarter. Janus Henderson Group PLC now owns 1,868,168 shares of the business services provider’s stock valued at $228,551,000 after buying an additional 1,360,102 shares in the last quarter. Longview Partners Guernsey LTD increased its position in Fiserv by 23.3% during the 3rd quarter. Longview Partners Guernsey LTD now owns 5,391,519 shares of the business services provider’s stock valued at $695,290,000 after buying an additional 1,020,121 shares in the last quarter. Voya Investment Management LLC increased its position in Fiserv by 116.6% during the 2nd quarter. Voya Investment Management LLC now owns 1,665,267 shares of the business services provider’s stock valued at $203,729,000 after buying an additional 896,418 shares in the last quarter. BlackRock Inc. increased its position in Fiserv by 3.7% during the 2nd quarter. BlackRock Inc. now owns 14,873,800 shares of the business services provider’s stock valued at $1,819,663,000 after buying an additional 528,274 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Fiserv by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,301,552 shares of the business services provider’s stock valued at $2,606,032,000 after buying an additional 518,262 shares in the last quarter. 88.85% of the stock is owned by institutional investors and hedge funds.

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Several research analysts recently issued reports on the company. Barclays PLC reaffirmed an “equal weight” rating and set a $123.00 target price (up from $115.00) on shares of Fiserv in a research report on Wednesday, August 2nd. Robert W. Baird reaffirmed an “outperform” rating and set a $146.00 target price (up from $136.00) on shares of Fiserv in a research report on Tuesday, October 10th. Zacks Investment Research upgraded Fiserv from a “sell” rating to a “hold” rating in a research note on Monday, October 16th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $130.00 price target on shares of Fiserv in a research note on Wednesday, November 1st. Finally, BidaskClub downgraded Fiserv from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 22nd. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Fiserv presently has an average rating of “Hold” and a consensus price target of $130.41.

In related news, insider Jeffery W. Yabuki sold 17,000 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $127.22, for a total value of $2,162,740.00. Following the completion of the sale, the insider now owns 313,835 shares of the company’s stock, valued at $39,926,088.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Kim M. Robak sold 6,124 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $124.54, for a total value of $762,682.96. Following the completion of the sale, the director now directly owns 42,141 shares of the company’s stock, valued at approximately $5,248,240.14. The disclosure for this sale can be found here. Insiders have sold 40,124 shares of company stock valued at $5,059,603 in the last three months. Insiders own 1.80% of the company’s stock.

Fiserv, Inc. (NASDAQ FISV) traded down $0.05 during midday trading on Wednesday, reaching $128.27. The company had a trading volume of 790,500 shares, compared to its average volume of 865,322. Fiserv, Inc. has a 12 month low of $102.60 and a 12 month high of $130.20. The firm has a market cap of $26,741.81, a PE ratio of 26.35, a price-to-earnings-growth ratio of 2.20 and a beta of 0.82. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.14.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, October 31st. The business services provider reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.03). Fiserv had a net margin of 16.31% and a return on equity of 43.56%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the previous year, the company earned $1.14 EPS. Fiserv’s revenue was up 1.4% compared to the same quarter last year. equities analysts anticipate that Fiserv, Inc. will post 5.08 EPS for the current fiscal year.

Fiserv Company Profile

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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