Fiserv Inc (FISV) : North Star Asset Management Inc reduced its stake in Fiserv Inc by 3.46% during the most recent quarter end. The investment management company now holds a total of 98,859 shares of Fiserv Inc which is valued at $9,855,254 after selling 3,540 shares in Fiserv Inc , the firm said in a disclosure report filed with the SEC on Oct 5, 2016.Fiserv Inc makes up approximately 1.11% of North Star Asset Management Inc’s portfolio.
Other Hedge Funds, Including , Franklin Street Advisors Inc Nc sold out all of its stake in FISV during the most recent quarter. The investment firm sold 1,930 shares of FISV which is valued $192,402. West Oak Capital added FISV to its portfolio by purchasing 75 company shares during the most recent quarter which is valued at $7,477. Fiserv Inc makes up approx 0.01% of West Oak Capital’s portfolio.Eqis Capital Management boosted its stake in FISV in the latest quarter, The investment management firm added 350 additional shares and now holds a total of 12,378 shares of Fiserv Inc which is valued at $1,233,963. Fiserv Inc makes up approx 0.08% of Eqis Capital Management’s portfolio.Ct Mason boosted its stake in FISV in the latest quarter, The investment management firm added 660 additional shares and now holds a total of 52,386 shares of Fiserv Inc which is valued at $5,222,360. Fiserv Inc makes up approx 2.31% of Ct Mason’s portfolio.
Fiserv Inc closed down -0.86 points or -0.86% at $98.89 with 9,69,265 shares getting traded on Tuesday. Post opening the session at $100.19, the shares hit an intraday low of $98.53 and an intraday high of $100.27 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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. Monness Crespi & Hardt Upgraded Fiserv Inc on Oct 4, 2016 to ” Buy”, Price Target of the shares are set at $115.Wedbush Initiated Fiserv Inc on Sep 9, 2016 to “Outperform”, Price Target of the shares are set at $115.
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.