Caxton Associates LP Takes $671,000 Position in Fiserv, Inc. (FISV)

Caxton Associates LP purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the third quarter, according to its most recent filing with the SEC. The firm purchased 5,200 shares of the business services provider’s stock, valued at approximately $671,000.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Fiserv by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,301,552 shares of the business services provider’s stock valued at $2,606,032,000 after acquiring an additional 518,262 shares during the period. BlackRock Inc. raised its position in shares of Fiserv by 3.7% in the 2nd quarter. BlackRock Inc. now owns 14,873,800 shares of the business services provider’s stock valued at $1,819,663,000 after acquiring an additional 528,274 shares during the period. FMR LLC raised its position in shares of Fiserv by 0.7% in the 2nd quarter. FMR LLC now owns 6,907,966 shares of the business services provider’s stock valued at $845,121,000 after acquiring an additional 47,797 shares during the period. Longview Partners Guernsey LTD raised its holdings in Fiserv by 23.3% during the 3rd quarter. Longview Partners Guernsey LTD now owns 5,391,519 shares of the business services provider’s stock worth $695,290,000 after buying an additional 1,020,121 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in Fiserv by 7.0% during the 2nd quarter. Alliancebernstein L.P. now owns 3,527,505 shares of the business services provider’s stock worth $431,555,000 after buying an additional 232,005 shares during the period. Institutional investors and hedge funds own 88.62% of the company’s stock.

In other news, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $125.54, for a total value of $2,134,180.00. Following the sale, the insider now directly owns 330,835 shares in the company, valued at $41,533,025.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kim M. Robak sold 6,124 shares of Fiserv stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $124.54, for a total transaction of $762,682.96. Following the completion of the sale, the director now owns 42,141 shares in the company, valued at $5,248,240.14. The disclosure for this sale can be found here. Insiders sold 42,124 shares of company stock worth $5,316,303 over the last quarter. 1.80% of the stock is owned by corporate insiders.

Shares of Fiserv, Inc. (FISV) opened at $131.72 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.14. Fiserv, Inc. has a fifty-two week low of $104.36 and a fifty-two week high of $133.11. The stock has a market cap of $27,450.37, a P/E ratio of 27.05, a PEG ratio of 2.25 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $1.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.30 by ($0.03). Fiserv had a net margin of 16.31% and a return on equity of 43.56%. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the business earned $1.14 earnings per share. Fiserv’s revenue for the quarter was up 1.4% on a year-over-year basis. sell-side analysts predict that Fiserv, Inc. will post 5.08 EPS for the current fiscal year.

Several analysts have commented on the stock. BidaskClub downgraded shares of Fiserv from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Robert W. Baird restated a “buy” rating and set a $136.00 target price on shares of Fiserv in a report on Friday, September 8th. SunTrust Banks restated a “hold” rating and set a $130.00 target price on shares of Fiserv in a report on Wednesday, November 1st. Royal Bank Of Canada restated a “hold” rating and set a $128.00 target price on shares of Fiserv in a report on Sunday, October 8th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $126.00 target price on shares of Fiserv in a report on Wednesday, November 1st. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $130.41.

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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.

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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