Fiserv Inc (FISV) : Advisory Services Network scooped up 1,480 additional shares in Fiserv Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 10,330 shares of Fiserv Inc which is valued at $1,012,753.Fiserv Inc makes up approximately 0.27% of Advisory Services Network’s portfolio.
Fiserv Inc opened for trading at $98.81 and hit $99.7 on the upside on Wednesday, eventually ending the session at $99.2, with a gain of 0.30% or 0.3 points. The heightened volatility saw the trading volume jump to 8,06,673 shares. Company has a market cap of $22,115 M.
Other Hedge Funds, Including , Headinvest reduced its stake in FISV by selling 1,019 shares or 1.45% in the most recent quarter. The Hedge Fund company now holds 69,201 shares of FISV which is valued at $6,784,466. Fiserv Inc makes up approx 2.63% of Headinvest’s portfolio.Peddock Capital Advisors boosted its stake in FISV in the latest quarter, The investment management firm added 699 additional shares and now holds a total of 12,454 shares of Fiserv Inc which is valued at $1,220,990. Fiserv Inc makes up approx 0.89% of Peddock Capital Advisors’s portfolio.Gateway Investment Advisers reduced its stake in FISV by selling 8,251 shares or 33.84% in the most recent quarter. The Hedge Fund company now holds 16,133 shares of FISV which is valued at $1,581,679. Fiserv Inc makes up approx 0.01% of Gateway Investment Advisers’s portfolio.Ct Mason reduced its stake in FISV by selling 223 shares or 0.42% in the most recent quarter. The Hedge Fund company now holds 52,280 shares of FISV which is valued at $5,214,930. Fiserv Inc makes up approx 2.36% of Ct Mason’s portfolio.Toth Financial Advisory Corp reduced its stake in FISV by selling 2,914 shares or 3.09% in the most recent quarter. The Hedge Fund company now holds 91,334 shares of FISV which is valued at $9,110,567. Fiserv Inc makes up approx 3.00% of Toth Financial Advisory Corp’s portfolio.
On the company’s financial health, Fiserv Inc reported $1.00 EPS for the quarter, based on the information available during the earnings call on Feb 2, 2016. Analyst had a consensus estimate of $1.00. The company had revenue of $1368.00 million for the quarter, compared to analysts expectations of $1395.80 million. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.
Many Wall Street Analysts have commented on Fiserv Inc. Compass Point Initiated Fiserv Inc on Apr 15, 2016 to “Sell”, Price Target of the shares are set at $85.
Fiserv Inc. (Fiserv) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services and related services including document and payment card production and distribution check processing and imaging source capture systems and lending and risk management products and services. The Companys Payments and Industry Products segment primarily provides debit credit and prepaid 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. The Companys Financial Institution Services business segment provides account processing services item processing and source capture services loan origination and servicing products cash management and consulting services.