LS Investment Advisors LLC reduced its position in shares of Fiserv Inc (NASDAQ:FISV) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 159,794 shares of the business services provider’s stock after selling 1,955 shares during the period. Fiserv comprises 1.2% of LS Investment Advisors LLC’s investment portfolio, making the stock its 7th largest position. LS Investment Advisors LLC’s holdings in Fiserv were worth $20,954,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. WFG Advisors LP boosted its holdings in shares of Fiserv by 9.4% during the second quarter. WFG Advisors LP now owns 4,292 shares of the business services provider’s stock worth $525,000 after purchasing an additional 367 shares during the period. Dempze Nancy E boosted its holdings in shares of Fiserv by 2.9% during the third quarter. Dempze Nancy E now owns 14,360 shares of the business services provider’s stock worth $1,852,000 after purchasing an additional 401 shares during the period. Highstreet Asset Management Inc. boosted its holdings in shares of Fiserv by 6.4% during the third quarter. Highstreet Asset Management Inc. now owns 6,871 shares of the business services provider’s stock worth $886,000 after purchasing an additional 411 shares during the period. Advisor Group Inc. boosted its holdings in shares of Fiserv by 6.8% during the third quarter. Advisor Group Inc. now owns 6,473 shares of the business services provider’s stock worth $835,000 after purchasing an additional 411 shares during the period. Finally, Tandem Investment Advisors Inc. boosted its holdings in shares of Fiserv by 23.2% during the second quarter. Tandem Investment Advisors Inc. now owns 2,247 shares of the business services provider’s stock worth $275,000 after purchasing an additional 423 shares during the period. Institutional investors own 88.49% of the company’s stock.

In other Fiserv news, insider Jeffery W. Yabuki sold 17,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $138.59, for a total transaction of $2,356,030.00. Following the completion of the transaction, the insider now owns 203,051 shares of the company’s stock, valued at $28,140,838.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffery W. Yabuki sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.35, for a total transaction of $256,700.00. Following the transaction, the insider now directly owns 236,835 shares of the company’s stock, valued at approximately $30,397,772.25. The disclosure for this sale can be found here. Insiders have sold 49,439 shares of company stock valued at $6,605,353 in the last ninety days. Insiders own 1.80% of the company’s stock.

A number of analysts have recently weighed in on the stock. BMO Capital Markets increased their target price on shares of Fiserv from $133.00 to $152.00 and gave the stock an “average” rating in a report on Thursday. SunTrust Banks upgraded shares of Fiserv from a “hold” rating to a “buy” rating in a report on Friday. Cowen restated a “hold” rating and issued a $135.00 price objective on shares of Fiserv in a report on Thursday. Cantor Fitzgerald restated a “hold” rating and issued a $126.00 price objective on shares of Fiserv in a report on Wednesday. Finally, Stephens restated a “hold” rating and issued a $146.00 price objective on shares of Fiserv in a report on Friday. Ten investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $139.86.

Shares of Fiserv Inc (NASDAQ:FISV) opened at $137.46 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 1.79. Fiserv Inc has a 1-year low of $108.85 and a 1-year high of $144.20. The company has a market cap of $28,646.53, a PE ratio of 23.70, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.03. Fiserv had a net margin of 21.88% and a return on equity of 44.58%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the business posted $1.16 earnings per share. Fiserv’s quarterly revenue was up 5.9% compared to the same quarter last year. equities analysts anticipate that Fiserv Inc will post 6.18 EPS for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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