Thompson Siegel & Walmsley LLC Has $135,000 Position in Fiserv Inc (NASDAQ:FISV)

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Thompson Siegel & Walmsley LLC lifted its position in shares of Fiserv Inc (NASDAQ:FISV) by 100.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,896 shares of the business services provider’s stock after buying an additional 948 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Fiserv were worth $135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. HBK Sorce Advisory LLC lifted its stake in shares of Fiserv by 32.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,305 shares of the business services provider’s stock valued at $433,000 after buying an additional 814 shares in the last quarter. Macquarie Group Ltd. lifted its position in shares of Fiserv by 8.2% during the fourth quarter. Macquarie Group Ltd. now owns 152,072 shares of the business services provider’s stock valued at $19,830,000 after purchasing an additional 11,586 shares in the last quarter. Huntington National Bank lifted its position in shares of Fiserv by 3.2% during the fourth quarter. Huntington National Bank now owns 226,079 shares of the business services provider’s stock valued at $29,646,000 after purchasing an additional 6,947 shares in the last quarter. New Mexico Educational Retirement Board lifted its position in shares of Fiserv by 2.5% during the fourth quarter. New Mexico Educational Retirement Board now owns 20,258 shares of the business services provider’s stock valued at $2,656,000 after purchasing an additional 500 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its position in shares of Fiserv by 5.4% during the fourth quarter. Eqis Capital Management Inc. now owns 16,509 shares of the business services provider’s stock valued at $2,165,000 after purchasing an additional 843 shares in the last quarter. Institutional investors own 88.09% of the company’s stock.

Shares of FISV remained flat at $$75.85 during mid-day trading on Wednesday. 1,760,314 shares of the stock were exchanged, compared to its average volume of 2,054,864. The company has a market cap of $30.76 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 2.09 and a beta of 0.83. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.55. Fiserv Inc has a 1 year low of $59.85 and a 1 year high of $76.76.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 1st. The business services provider reported $0.76 EPS for the quarter, topping the consensus estimate of $0.73 by $0.03. Fiserv had a net margin of 24.76% and a return on equity of 44.13%. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm earned $1.13 earnings per share. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. equities research analysts forecast that Fiserv Inc will post 3.12 EPS for the current year.

FISV has been the topic of a number of recent analyst reports. Cowen reissued a “hold” rating and set a $68.00 price target on shares of Fiserv in a research report on Friday, March 23rd. Zacks Investment Research downgraded shares of Fiserv from a “buy” rating to a “hold” rating in a report on Tuesday, April 10th. ValuEngine downgraded shares of Fiserv from a “hold” rating to a “sell” rating in a research note on Thursday, March 22nd. Credit Suisse Group reduced their target price on shares of Fiserv from $68.00 to $67.00 and set a “neutral” rating for the company in a research note on Wednesday, May 2nd. Finally, BidaskClub downgraded shares of Fiserv from a “buy” rating to a “hold” rating in a research note on Friday, April 6th. Ten analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Fiserv has a consensus rating of “Hold” and an average price target of $71.50.

In other Fiserv news, insider Jeffery W. Yabuki sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $72.26, for a total transaction of $3,613,000.00. Following the transaction, the insider now owns 617,380 shares in the company, valued at approximately $44,611,878.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kim M. Robak sold 10,388 shares of the company’s stock in a transaction dated Wednesday, May 30th. The shares were sold at an average price of $72.92, for a total transaction of $757,492.96. Following the transaction, the director now owns 85,094 shares in the company, valued at approximately $6,205,054.48. The disclosure for this sale can be found here. Over the last three months, insiders have sold 144,388 shares of company stock worth $10,472,613. Insiders own 1.70% of the company’s stock.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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