Public Employees Retirement Association of Colorado Purchases 31,488 Shares of Fiserv Inc (FISV)

Public Employees Retirement Association of Colorado increased its position in shares of Fiserv Inc (NASDAQ:FISV) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 588,909 shares of the business services provider’s stock after buying an additional 31,488 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Fiserv were worth $77,224,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FISV. Roberts Glore & Co. Inc. IL lifted its stake in Fiserv by 0.6% during the second quarter. Roberts Glore & Co. Inc. IL now owns 3,290 shares of the business services provider’s stock worth $402,000 after purchasing an additional 20 shares during the period. Dana Investment Advisors Inc. lifted its stake in Fiserv by 1.0% during the second quarter. Dana Investment Advisors Inc. now owns 14,137 shares of the business services provider’s stock worth $1,730,000 after purchasing an additional 144 shares during the period. WFG Advisors LP lifted its stake in 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 lifted its stake in 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. Finally, Highstreet Asset Management Inc. lifted its stake in 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. 88.49% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $138.59, for a total value of $2,356,030.00. Following the completion of the transaction, the insider now owns 203,051 shares in the company, valued at $28,140,838.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kevin J. Schultz sold 3,439 shares of Fiserv stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $131.51, for a total transaction of $452,262.89. The disclosure for this sale can be found here. Insiders sold 49,439 shares of company stock valued at $6,605,353 in the last quarter. 1.80% of the stock is currently owned by corporate insiders.

Fiserv Inc (NASDAQ FISV) opened at $137.55 on Monday. Fiserv Inc has a one year low of $104.51 and a one year high of $144.20. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.14. The stock has a market cap of $28,665.34, a P/E ratio of 28.24, a PEG ratio of 2.09 and a beta of 0.87.

A number of research analysts have commented on FISV shares. Cantor Fitzgerald restated a “hold” rating and set a $126.00 price target on shares of Fiserv in a research note on Wednesday, November 1st. Zacks Investment Research upgraded shares of Fiserv from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Royal Bank of Canada restated a “hold” rating and set a $128.00 price target on shares of Fiserv in a research note on Sunday, October 8th. Robert W. Baird raised their price target on shares of Fiserv from $146.00 to $160.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Finally, Credit Suisse Group raised their price target on shares of Fiserv from $126.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Fiserv has an average rating of “Hold” and an average target price of $136.25.

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Fiserv Company 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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