Livingston Group Asset Management CO operating as Southport Capital Management reduced its position in shares of Fiserv Inc (NASDAQ:FISV) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,371 shares of the business services provider’s stock after selling 84 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management’s holdings in Fiserv were worth $852,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truewealth LLC lifted its stake in Fiserv by 70.5% in the third quarter. Truewealth LLC now owns 249 shares of the business services provider’s stock worth $26,000 after acquiring an additional 103 shares during the last quarter. Cordasco Financial Network purchased a new position in shares of Fiserv in the 3rd quarter valued at about $29,000. Financial Management Professionals Inc. purchased a new position in shares of Fiserv in the 3rd quarter valued at about $31,000. Liberty Wealth Management LLC purchased a new position in shares of Fiserv in the 3rd quarter valued at about $36,000. Finally, Northwest Investment Counselors LLC purchased a new position in shares of Fiserv in the 3rd quarter valued at about $41,000. Institutional investors and hedge funds own 92.66% of the company’s stock.

NASDAQ FISV traded up $0.82 during trading on Thursday, reaching $119.33. The company’s stock had a trading volume of 32,388 shares, compared to its average volume of 2,309,256. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $79.92 billion, a price-to-earnings ratio of 38.50, a P/E/G ratio of 1.72 and a beta of 0.78. Fiserv Inc has a twelve month low of $68.45 and a twelve month high of $119.31. The business’s fifty day moving average price is $116.20 and its 200-day moving average price is $106.98.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Wednesday, November 6th. The business services provider reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.02. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.78 billion. Fiserv had a net margin of 12.11% and a return on equity of 16.73%. Fiserv’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 earnings per share. As a group, sell-side analysts forecast that Fiserv Inc will post 4.04 EPS for the current fiscal year.

A number of research analysts have recently commented on FISV shares. Morgan Stanley started coverage on Fiserv in a report on Monday, December 16th. They issued an “equal weight” rating and a $121.00 price objective on the stock. Stephens increased their price objective on Fiserv from $117.00 to $124.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. ValuEngine downgraded Fiserv from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 2nd. SunTrust Banks increased their price objective on Fiserv from $110.00 to $125.00 and gave the company a “buy” rating in a report on Friday, October 18th. Finally, Bank of America started coverage on Fiserv in a report on Tuesday, December 3rd. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-one have assigned a buy rating to the company. Fiserv presently has a consensus rating of “Buy” and an average target price of $110.98.

In other Fiserv news, insider Lynn S. Mccreary sold 18,000 shares of Fiserv stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $111.39, for a total value of $2,005,020.00. Following the transaction, the insider now directly owns 70,364 shares in the company, valued at $7,837,845.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeffery W. Yabuki sold 25,000 shares of Fiserv stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $116.19, for a total transaction of $2,904,750.00. Following the completion of the transaction, the chief executive officer now owns 443,690 shares in the company, valued at $51,552,341.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 146,500 shares of company stock worth $16,777,390. 1.40% of the stock is currently owned by company insiders.

Fiserv 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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