Boussard Gavaudan Investment Management Llp buys $304,263 stake in Fiserv Inc (FISV)

Fiserv Inc (FISV) : Boussard Gavaudan Investment Management Llp scooped up 203 additional shares in Fiserv Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 2,913 shares of Fiserv Inc which is valued at $304,263.Fiserv Inc makes up approximately 0.07% of Boussard Gavaudan Investment Management Llp’s portfolio.

Other Hedge Funds, Including , Sg Americas Securities reduced its stake in FISV by selling 17,426 shares or 37.97% in the most recent quarter. The Hedge Fund company now holds 28,472 shares of FISV which is valued at $2,973,900. Fiserv Inc makes up approx 0.02% of Sg Americas Securities’s portfolio.Dupont Capital Management Corp reduced its stake in FISV by selling 2,785 shares or 16.06% in the most recent quarter. The Hedge Fund company now holds 14,554 shares of FISV which is valued at $1,520,165. Fiserv Inc makes up approx 0.03% of Dupont Capital Management Corp’s portfolio.New York State Teachers Retirement System boosted its stake in FISV in the latest quarter, The investment management firm added 6,443 additional shares and now holds a total of 444,203 shares of Fiserv Inc which is valued at $49,075,547. Fiserv Inc makes up approx 0.12% of New York State Teachers Retirement System’s portfolio.Chesley Taft Associates boosted its stake in FISV in the latest quarter, The investment management firm added 355 additional shares and now holds a total of 44,810 shares of Fiserv Inc which is valued at $4,950,609. Fiserv Inc makes up approx 0.49% of Chesley Taft Associates’s portfolio.Webster Bank N. A. reduced its stake in FISV by selling 558 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 36,573 shares of FISV which is valued at $4,043,877. Fiserv Inc makes up approx 0.58% of Webster Bank N. A.’s portfolio.

Fiserv Inc closed down -1.2 points or -1.14% at $103.99 with 9,75,978 shares getting traded on Monday. Post opening the session at $105.08, the shares hit an intraday low of $103.745 and an intraday high of $105.245 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Fiserv Inc reported $1.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.07. The company had revenue of $1363.00 million for the quarter, compared to analysts expectations of $1379.29 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.

Many Wall Street Analysts have commented on Fiserv Inc. Company shares were Reiterated by Barclays on Jul 7, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 100 from a previous price target of $93 .

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 Company’s 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 Company’s 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.

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