Fiserv, Inc. (FISV) Stake Lowered by Security National Bank of Sioux City Iowa IA

Security National Bank of Sioux City Iowa IA lessened its position in Fiserv, Inc. (NASDAQ:FISV) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,539 shares of the business services provider’s stock after selling 147 shares during the period. Fiserv comprises approximately 1.5% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 19th biggest holding. Security National Bank of Sioux City Iowa IA’s holdings in Fiserv were worth $1,534,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Nomura Holdings Inc. lifted its position in Fiserv by 371.9% during the 2nd quarter. Nomura Holdings Inc. now owns 24,667 shares of the business services provider’s stock worth $3,019,000 after buying an additional 19,440 shares in the last quarter. Bank of Nova Scotia lifted its position in Fiserv by 111.4% during the 2nd quarter. Bank of Nova Scotia now owns 103,963 shares of the business services provider’s stock worth $12,719,000 after buying an additional 54,781 shares in the last quarter. Atlanta Capital Management Co. L L C lifted its position in Fiserv by 2.3% during the 2nd quarter. Atlanta Capital Management Co. L L C now owns 390,692 shares of the business services provider’s stock worth $47,798,000 after buying an additional 8,832 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Fiserv by 16.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 83,698 shares of the business services provider’s stock worth $10,240,000 after buying an additional 11,684 shares in the last quarter. Finally, 361 Capital LLC lifted its position in Fiserv by 95.0% during the 2nd quarter. 361 Capital LLC now owns 15,338 shares of the business services provider’s stock worth $1,876,000 after buying an additional 7,474 shares in the last quarter. Institutional investors own 87.72% of the company’s stock.

Shares of Fiserv, Inc. (NASDAQ FISV) traded up 0.24% during mid-day trading on Tuesday, reaching $127.81. The company’s stock had a trading volume of 210,499 shares. Fiserv, Inc. has a 12 month low of $92.81 and a 12 month high of $129.81. The company has a 50-day moving average of $124.93 and a 200-day moving average of $122.56. The firm has a market cap of $26.90 billion, a PE ratio of 31.29 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $1.19 EPS 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 firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the business posted $1.08 earnings per share. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, analysts predict that Fiserv, Inc. will post $5.10 earnings per share for the current year.

Several research analysts recently issued reports on FISV shares. BidaskClub downgraded shares of Fiserv from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Fiserv from a “hold” rating to a “buy” rating and set a $140.00 price target on the stock in a research report on Wednesday, July 19th. Guggenheim upgraded shares of Fiserv from a “neutral” rating to a “buy” rating and upped their price target for the stock from $131.00 to $136.00 in a research report on Monday, July 17th. Robert W. Baird reiterated a “buy” rating and set a $136.00 price target on shares of Fiserv in a research report on Friday, September 8th. Finally, Barclays PLC reiterated an “equal weight” rating and set a $123.00 price target (up previously from $115.00) on shares of Fiserv in a research report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $127.77.

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In other news, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $122.02, for a total transaction of $2,074,340.00. Following the sale, the insider now directly owns 269,151 shares of the company’s stock, valued at $32,841,805.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kim M. Robak sold 6,124 shares of Fiserv stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $124.54, for a total value of $762,682.96. Following the sale, 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 have sold 57,124 shares of company stock worth $7,113,543 over the last three months. Insiders own 1.80% of the company’s stock.

Fiserv Profile

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)

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