Fiserv, Inc. $FISV Stock Holdings Increased by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its stake in Fiserv, Inc. (NASDAQ:FISV) by 256.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,170 shares of the business services provider’s stock after purchasing an additional 33,949 shares during the period. Fiserv comprises about 1.1% of Machina Capital S.A.S.’s holdings, making the stock its 10th largest holding. Machina Capital S.A.S.’s holdings in Fiserv were worth $6,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of FISV. Premier Path Wealth Partners LLC increased its holdings in Fiserv by 314.3% during the 3rd quarter. Premier Path Wealth Partners LLC now owns 11,162 shares of the business services provider’s stock worth $1,439,000 after purchasing an additional 8,468 shares during the period. Penserra Capital Management LLC grew its position in shares of Fiserv by 16.9% during the third quarter. Penserra Capital Management LLC now owns 120,216 shares of the business services provider’s stock worth $15,498,000 after buying an additional 17,372 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares during the period. Nichols & Pratt Advisers LLP MA raised its holdings in Fiserv by 5.1% in the third quarter. Nichols & Pratt Advisers LLP MA now owns 344,876 shares of the business services provider’s stock valued at $44,465,000 after acquiring an additional 16,610 shares in the last quarter. Finally, Peterson Wealth Services lifted its stake in Fiserv by 22.5% in the third quarter. Peterson Wealth Services now owns 2,562 shares of the business services provider’s stock worth $330,000 after acquiring an additional 471 shares during the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on FISV shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Fiserv in a research report on Monday, December 29th. Cantor Fitzgerald raised Fiserv to a “hold” rating in a report on Tuesday, January 27th. Citigroup decreased their price target on Fiserv from $128.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Raymond James Financial set a $167.00 price objective on Fiserv and gave the company an “outperform” rating in a report on Friday, October 10th. Finally, Royal Bank Of Canada set a $85.00 target price on Fiserv and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Ten analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $113.34.

Fiserv Stock Performance

Shares of FISV opened at $58.12 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.15. The firm has a market cap of $31.59 billion, a PE ratio of 8.98, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The company’s 50 day simple moving average is $66.33 and its 200-day simple moving average is $99.87. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $238.59.

Insider Buying and Selling at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 17,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the purchase, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. This trade represents a 228.10% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Adam L. Rosman bought 7,900 shares of Fiserv stock in a transaction dated Tuesday, December 2nd. The stock was acquired at an average cost of $63.19 per share, with a total value of $499,201.00. Following the completion of the acquisition, the insider directly owned 61,285 shares of the company’s stock, valued at approximately $3,872,599.15. The trade was a 14.80% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.75% of the company’s stock.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.