MASTERINVEST Kapitalanlage GmbH Invests $2.05 Million in Fiserv, Inc. $FISV

MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 11,904 shares of the business services provider’s stock, valued at approximately $2,052,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FISV. Brighton Jones LLC grew its position in shares of Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares in the last quarter. Bison Wealth LLC boosted its stake in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the period. HighTower Advisors LLC grew its holdings in Fiserv by 5.1% during the 1st quarter. HighTower Advisors LLC now owns 77,562 shares of the business services provider’s stock valued at $17,128,000 after buying an additional 3,790 shares in the last quarter. Boston Partners increased its position in shares of Fiserv by 93.0% during the first quarter. Boston Partners now owns 12,491 shares of the business services provider’s stock valued at $2,758,000 after buying an additional 6,020 shares during the period. Finally, Vestmark Advisory Solutions Inc. lifted its holdings in shares of Fiserv by 123.1% in the first quarter. Vestmark Advisory Solutions Inc. now owns 3,052 shares of the business services provider’s stock worth $674,000 after buying an additional 1,684 shares in the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Up 0.9%

Shares of NASDAQ:FISV opened at $68.75 on Friday. The firm has a market capitalization of $37.37 billion, a PE ratio of 10.63, a price-to-earnings-growth ratio of 2.65 and a beta of 0.80. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. Fiserv, Inc. has a 52-week low of $59.56 and a 52-week high of $238.59. The firm has a fifty day moving average of $84.45 and a 200 day moving average of $126.34.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, March 26th. The business services provider reported $1.91 earnings per share (EPS) for the quarter. Fiserv had a return on equity of 19.47% and a net margin of 17.05%.The firm had revenue of $4.32 billion during the quarter. As a group, research analysts anticipate that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Insider Buying and Selling

In other Fiserv news, insider Adam L. Rosman purchased 7,900 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average cost of $63.19 per share, with a total value of $499,201.00. Following the completion of the purchase, the insider owned 61,285 shares of the company’s stock, valued at $3,872,599.15. The trade was a 14.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Lance M. Fritz acquired 10,000 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was acquired at an average cost of $65.18 per share, with a total value of $651,800.00. Following the purchase, the director directly owned 13,086 shares in the company, valued at $852,945.48. This represents a 324.04% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 34,900 shares of company stock worth $2,211,971 in the last quarter. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Sanford C. Bernstein cut shares of Fiserv from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $205.00 to $80.00 in a research note on Thursday, October 30th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $85.00 price target on shares of Fiserv in a report on Thursday, December 4th. Seaport Res Ptn cut shares of Fiserv from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Citigroup dropped their price objective on Fiserv from $128.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Finally, BTIG Research cut Fiserv from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 29th. Ten research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $121.08.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.