Fiserv Inc (FISV) : Kidder Stephen W scooped up 7,990 additional shares in Fiserv Inc during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 77,344 shares of Fiserv Inc which is valued at $7.9 Million.Fiserv Inc makes up approximately 3.31% of Kidder Stephen W’s portfolio.
Other Hedge Funds, Including , Panagora Asset Management Inc reduced its stake in FISV by selling 295,892 shares or 45.94% during the fourth quarter. The Hedge Fund company now holds 348,147 shares of FISV which is valued at $35.4 Million. Fiserv Inc makes up approx 0.18% of Panagora Asset Management Inc’s portfolio.Global X Management Co reduced its stake in FISV by selling 7 shares or 9.09% during the fourth quarter. The Hedge Fund company now holds 70 shares of FISV which is valued at $7,111.Pitcairn Co reduced its stake in FISV by selling 245 shares or 2.37% during the fourth quarter. The Hedge Fund company now holds 10,086 shares of FISV which is valued at $1 Million. Fiserv Inc makes up approx 0.12% of Pitcairn Co’s portfolio. Egerton Capital (uk) Llp sold out all of its stake in FISV during the fourth quarter. The investment firm sold 544,995 shares of FISV which is valued $55.4 Million.Robeco Institutional Asset Management B.v. boosted its stake in FISV during the Q4 period, The investment management firm added 64,566 additional shares and now holds a total of 125,870 shares of Fiserv Inc which is valued at $12.8 Million. Fiserv Inc makes up approx 0.11% of Robeco Institutional Asset Management B.v.’s portfolio.
On the company’s financial health, Fiserv Inc reported $1.00 EPS for the quarter, based on the information available during the earnings call on Feb 2, 2016. Analyst had a consensus estimate of $1.00. The company had revenue of $1368.00 million for the quarter, compared to analysts expectations of $1395.80 million. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.
Many Wall Street Analysts have commented on Fiserv Inc. Fiserv Inc was Initiated by Sterne Agee CRT to “Buy” on Dec 17, 2015. Fiserv Inc was Initiated by Credit Suisse to “Neutral” on Dec 11, 2015.
Fiserv Inc closed down -1.16 points or -1.14% at $100.42 with 13,20,609 shares getting traded on Monday. Post opening the session at $100.63, the shares hit an intraday low of $99.755 and an intraday high of $101.2 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.