Fiserv Inc (FISV) : Confluence Wealth Management reduced its stake in Fiserv Inc by 3.62% during the most recent quarter end. The investment management company now holds a total of 9,415 shares of Fiserv Inc which is valued at $942,630 after selling 354 shares in Fiserv Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Fiserv Inc makes up approximately 0.46% of Confluence Wealth Management’s portfolio.
Other Hedge Funds, Including , Syntal Capital Partners sold out all of its stake in FISV during the most recent quarter. The investment firm sold 2,139 shares of FISV which is valued $214,157.Profund Advisors boosted its stake in FISV in the latest quarter, The investment management firm added 978 additional shares and now holds a total of 18,124 shares of Fiserv Inc which is valued at $1,808,775. Fiserv Inc makes up approx 0.09% of Profund Advisors’s portfolio.Credit Agricole S A reduced its stake in FISV by selling 320,564 shares or 35.09% in the most recent quarter. The Hedge Fund company now holds 593,020 shares of FISV which is valued at $59,183,396. Fiserv Inc makes up approx 0.20% of Credit Agricole S A’s portfolio.Newman Dignan Sheerar reduced its stake in FISV by selling 125 shares or 2.48% in the most recent quarter. The Hedge Fund company now holds 4,920 shares of FISV which is valued at $483,784. Fiserv Inc makes up approx 0.32% of Newman Dignan Sheerar’s portfolio.
Fiserv Inc closed down -0.77 points or -0.73% at $104.29 with 13,71,910 shares getting traded on Monday. Post opening the session at $104.94, the shares hit an intraday low of $104.17 and an intraday high of $105.48 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 $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.13. The company had revenue of $1380.00 million for the quarter, compared to analysts expectations of $1400.64 million. The company’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.
Many Wall Street Analysts have commented on Fiserv Inc. Fiserv Inc was Initiated by Pacific Crest to “Sector Weight” on Nov 18, 2016. Robert W. Baird Upgraded Fiserv Inc on Oct 28, 2016 to ” Outperform”, Price Target of the shares are set at $112.Monness Crespi & Hardt Upgraded Fiserv Inc on Oct 4, 2016 to ” Buy”, 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.