Fiserv Inc (FISV) : Taylor Frigon Capital Management reduced its stake in Fiserv Inc by 0.91% during the most recent quarter end. The investment management company now holds a total of 22,311 shares of Fiserv Inc which is valued at $2,180,231 after selling 206 shares in Fiserv Inc , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.Fiserv Inc makes up approximately 2.31% of Taylor Frigon Capital Management’s portfolio.
Fiserv Inc opened for trading at $97.6 and hit $99.27 on the upside on Monday, eventually ending the session at $99.1, with a gain of 1.41% or 1.38 points. The heightened volatility saw the trading volume jump to 7,95,645 shares. Company has a market cap of $22,093 M.
Other Hedge Funds, Including , Longview Partners (guernsey) Ltd reduced its stake in FISV by selling 93,125 shares or 1.29% in the most recent quarter. The Hedge Fund company now holds 7,130,632 shares of FISV which is valued at $699,087,161. Fiserv Inc makes up approx 4.55% of Longview Partners (guernsey) Ltd’s portfolio. Yhb Investment Advisors sold out all of its stake in FISV during the most recent quarter. The investment firm sold 2,428 shares of FISV which is valued $238,041.Webster Bank N. A. boosted its stake in FISV in the latest quarter, The investment management firm added 218 additional shares and now holds a total of 37,131 shares of Fiserv Inc which is valued at $3,704,931. Fiserv Inc makes up approx 0.57% of Webster Bank N. A.’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.