Fiserv, Inc. (FISV) Shares Sold by Security National Bank of SO Dak

Security National Bank of SO Dak lowered its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,130 shares of the business services provider’s stock after selling 90 shares during the quarter. Security National Bank of SO Dak’s holdings in Fiserv were worth $260,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Elefante Mark B increased its stake in shares of Fiserv by 0.3% during the 2nd quarter. Elefante Mark B now owns 5,715 shares of the business services provider’s stock valued at $699,000 after acquiring an additional 15 shares during the last quarter. Roberts Glore & Co. Inc. IL increased its stake in shares of Fiserv by 0.6% during the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 3,290 shares of the business services provider’s stock valued at $402,000 after acquiring an additional 20 shares during the last quarter. Nwam LLC increased its stake in shares of Fiserv by 1.9% during the 2nd quarter. Nwam LLC now owns 1,871 shares of the business services provider’s stock valued at $229,000 after acquiring an additional 35 shares during the last quarter. OLD National Bancorp IN increased its stake in shares of Fiserv by 2.8% during the 2nd quarter. OLD National Bancorp IN now owns 1,912 shares of the business services provider’s stock valued at $234,000 after acquiring an additional 52 shares during the last quarter. Finally, Burney Co. increased its stake in shares of Fiserv by 0.7% during the 2nd quarter. Burney Co. now owns 8,473 shares of the business services provider’s stock valued at $1,030,000 after acquiring an additional 55 shares during the last quarter. 87.72% of the stock is owned by institutional investors.

Fiserv, Inc. (NASDAQ FISV) traded up 0.26% during trading on Tuesday, reaching $127.84. The company’s stock had a trading volume of 217,710 shares. Fiserv, Inc. has a 52-week low of $92.81 and a 52-week high of $129.81. The firm has a market capitalization of $26.91 billion, a price-to-earnings ratio of 31.29 and a beta of 0.82. The stock’s 50-day moving average is $124.93 and its 200 day moving average is $122.56.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, August 1st. The business services provider reported $1.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.04). Fiserv had a net margin of 16.04% and a return on equity of 41.79%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the business posted $1.08 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. On average, analysts predict that Fiserv, Inc. will post $5.10 EPS for the current fiscal year.

In related news, insider Jeffery W. Yabuki sold 17,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $122.02, for a total value of $2,074,340.00. Following the transaction, the insider now directly owns 269,151 shares of the company’s stock, valued at approximately $32,841,805.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kim M. Robak sold 6,124 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $124.54, for a total value of $762,682.96. Following the completion of the transaction, the director now directly owns 42,141 shares in the company, valued at $5,248,240.14. The disclosure for this sale can be found here. Insiders sold a total of 57,124 shares of company stock worth $7,113,543 over the last three months. 1.80% of the stock is owned by company insiders.

FISV has been the subject of a number of research analyst reports. Guggenheim raised shares of Fiserv from a “neutral” rating to a “buy” rating and upped their price objective for the company from $131.00 to $136.00 in a research note on Monday, July 17th. BidaskClub downgraded shares of Fiserv from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 5th. Robert W. Baird reissued a “buy” rating and set a $136.00 target price on shares of Fiserv in a research report on Friday, September 8th. Zacks Investment Research downgraded shares of Fiserv from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $128.00 target price on shares of Fiserv in a research report on Sunday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. Fiserv presently has an average rating of “Hold” and a consensus target price of $127.77.

COPYRIGHT VIOLATION NOTICE: “Fiserv, Inc. (FISV) Shares Sold by Security National Bank of SO Dak” was first published by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.com-unik.info/2017/10/10/fiserv-inc-fisv-shares-sold-by-security-national-bank-of-so-dak.html.

About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

What are top analysts saying about Fiserv Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Fiserv Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit