1 week Ago By ABMN Staff
GAMMA Investing LLC raised its position in Fiserv, Inc. ( NYSE:FI – Free Report ) by 20.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 17,547 shares of the business services provider’s stock after purchasing an additional 3,000 shares during the quarter. GAMMA Investing LLC’s holdings in Fiserv were worth $3,605,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently modified their holdings of FI.
Clean Yield Group lifted its position in Fiserv by 431.3% during the 3rd quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock worth $31,000 after buying an additional 138 shares in the last quarter.
Cedar Mountain Advisors LLC increased its position in shares of Fiserv by 42.5% in the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 57 shares during the last quarter.
Kennebec Savings Bank bought a new stake in Fiserv during the third quarter worth about $40,000. Northwest Investment Counselors LLC acquired a new position in Fiserv during the third quarter valued at approximately $44,000. Finally, Wolff Wiese Magana LLC grew its stake in Fiserv by 904.
0% in the third quarter. Wolff Wiese Magana LLC now owns 251 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 226 shares in the last quarter. 90.
98% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Fiserv In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $214.
61, for a total value of $4,468,394.81. Following the sale, the chief accounting officer now owns 38,771 shares in the company, valued at $8,320,644.
31. This trade represents a 34.94 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which is available at this link . Also, Director Heidi Miller sold 30,000 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $201.
13, for a total transaction of $6,033,900.00. Following the sale, the director now directly owns 33,235 shares in the company, valued at approximately $6,684,555.
55. The trade was a 47.44 % decrease in their position.
The disclosure for this sale can be found here . In the last quarter, insiders sold 90,821 shares of company stock valued at $18,581,095. Corporate insiders own 0.
75% of the company’s stock. Analyst Upgrades and Downgrades View Our Latest Report on Fiserv Fiserv Trading Up 0.3 % FI opened at $205.
98 on Friday. The stock has a market capitalization of $117.19 billion, a price-to-earnings ratio of 39.
61, a P/E/G ratio of 1.56 and a beta of 0.93.
The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.
85. Fiserv, Inc. has a twelve month low of $131.
41 and a twelve month high of $223.23. The company has a 50-day simple moving average of $209.
10 and a 200 day simple moving average of $182.52. Fiserv ( NYSE:FI – Get Free Report ) last issued its quarterly earnings results on Tuesday, October 22nd.
The business services provider reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.
04. Fiserv had a net margin of 15.22% and a return on equity of 17.
10%. The company had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $4.
90 billion. During the same quarter in the prior year, the firm posted $1.96 EPS.
The firm’s quarterly revenue was up 7.0% on a year-over-year basis. Analysts predict that Fiserv, Inc.
will post 8.77 EPS for the current fiscal year. Fiserv Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc.
( NYSE:FI – Free Report ). Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter .
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