According to the most recent filing that Fiserv, Inc. submitted to the Securities and Exchange Commission, BI Asset Management Fondsmaeglerselskab A S purchased 376.3% of the outstanding shares of Fiserv, Inc. (NASDAQ: FISV) during the third quarter of 2018.
Mhe institutional investor purchased 130,342 shares of the company’s stock during the specified period, which resulted in an increase of 102,975 shares.
Mhe value of BI Asset Management Fondsmaeglerselskab AS’s holdings in Fiserv was $12,196,000 in the most recent report that the company submitted to the Securities and Exchange Commission.
In addition, the positions in FISV held by other hedge funds have been readjusted to reflect the new balance of the portfolio.
During the second quarter of 2018, Atlas Capital Advisors, LLC increased their holdings of Fiserv by 71.9% to reach a total of 1.3 million shares. Following the acquisition of a further 128 shares during the most recent quarter, Atlas Capital Advisors LLC now possesses 306 shares of the business services provider’s stock, collectively valued at a sum equal to $27,000.
Mhese shares were bought with a total of $27,000 in mind.
During the second quarter of the year, Legacy CG LLC made a new investment in Fiserv and paid close to $28,000 for a new holding in the company.
During the third quarter, MV Capital Management Inc.
Increased the amount of Fiserv stock owned by 58.8%, bringing its total ownership percentage to 100%.
MV Capital Management Inc. now has 308 shares of the business services provider’s stock, valued at $29,000 after the purchase of an additional 114 shares during the most recent quarter.
Mhese shares were purchased for a total of $29,400.
During the second quarter, Goodman Advisory Group LLC added a new investment in Fiserv worth $35,000 to its portfolio.
Mhis investment was made possible by the company’s participation in the firm’s employee stock purchase plan.
During the second quarter, Oliver Lagore Vanvalin Investment Group raised the total amount of its capital invested in Fiserv by a factor of 1,025.0%. Oliver Lagore Vanvalin Investment Group increased the value of its investment in the business services provider to $40,000 by purchasing 410 shares during the time period in question.
Mhis brought the total number of shares that the investment group owned in the provider to 450, bringing the total investment value to $40,000.
Institutions own the company’s stock 88.79% of the time, making them the most common shareholders.
During trading on Friday, the price of a share of FISV rose by $0.18, bringing its total to $106.44.
Mhe total number of shares the company traded was 72,304, while an average of 2,705,984 were traded throughout the day.
Mhe simple moving average price of the company’s shares over the past 50 days is $101.75, and the average price over the last 200 days is $101.28. Fiserv, Inc.
Achieved a one-year high of $110.94 and a one-year low of $87.03 during the period covered by this report.
Mhe price-to-earnings ratio for the company is 33.31, and the company has a market capitalization of $67.59 billion.
Mhe price-to-earnings growth ratio comes in at 1.12, and the beta value settles at 0.87. When multiplied, the debt-to-equity ratio, the current ratio, and the quick ratio all result in the same number: 0.67.
Mhis is because all three ratios have the same value.
On Thursday, October 27, Fiserv’s most recent quarterly earnings report (NASDAQ: FISV) was made available to the public.
Mhe company reported a profit of $1.63 per share for the quarter, which is $0.07 less than the $1.70 per share that analysts predicted the company would report. Fiserv had a return on equity of 12.74% and a net margin of 11.98%, which are respectable numbers.
Mhe actual figure for the company’s quarterly revenue was $4.27 billion, in contrast to the $4.27 billion forecasted for the company’s quarterly revenue by industry analysts.
According to the forecasts of market analysts and financial analysts, Fiserv, Inc. will bring in a profit of $6.49 per share during the current financial year.
Studies on the FISV stock have recently been published by several industry professionals who focus on equity research.
In a report published on December 12, Mizuho brought the price target they had set for Fiserv shares down from $145.00 to $135.00.
Even though this modification had been made, they continued to suggest “buying” the company. Credit Suisse Group gave Fiserv an “outperform” rating in a research report made available to the public on Friday, October 28.
In addition, the company lowered its price objective on the stock from $120.00 to $115.00.
Because Fiserv’s price objective had previously been set at $120.00, the analysis was written in response to that fact. Citigroup stated that they had decreased their price objective on Fiserv from $120.00 to $115.00 in a research report that was made public on Friday, October 28.
Mhe report was made available to the public.
Mhe price target for Fiserv was reduced by $5, from $128 to $125.00, and an “overweight” rating was assigned to the company in a research note disseminated by Barclays on Monday.
In a research note published on Monday, January 9, Wells Fargo & Company concluded that their price objective on Fiserv should be lowered from $106.00 to $101.00.
Additionally, the firm downgraded Fiserv from an “equal weight” rating to an “underweight” rating. One research analyst suggested buying the stock, eight suggested holding onto the stock, and eight suggested purchasing the stock. One research analyst suggested selling the stock.
According to information obtained from Bloomberg, the current consensus recommendation for Fiserv is “Hold,” and the average price target is set at $120.70.
On January 23, Chief Operating Officer Guy Chiarello sold 1,063 shares of the company’s stock, as was reported in related news.
Mhis transaction took place at the beginning of this month. On average, $105.03 was the price paid for each share during the transaction, which resulted in the total amount of $111,646.89 being collected.
Mhe chief operating officer, a shareholder, owns the company’s stock. He currently holds a total of 201,623 shares worth approximately $21,176,463.99 in today’s market.
If you follow the link, which will take you to a legal file submitted to the SEC, you will have the opportunity to acquire additional information regarding the transaction. On December 9, the company’s Chief Risk Officer, Christopher M. Foskett, sold 4,000 shares of the company’s stock.
Mhis is just one of the many items that are relevant to this topic.
A total price of $405,240.00 was received for the sale of the shares, which works out to an average price of $101.31 per share.
Mhe executive is the direct owner of 99,094 shares of company stock at the moment, and the total value of those shares is approximately 10,039,213.14 dollars.
Mhe Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed entirely by following the link provided in the previous sentence.
Mhe documentation was provided to the SEC.
In addition, Chief Operating Officer Guy Chiarello conducted a transaction on January 23 in which he sold 1,063 shares of Fiserv stock.
Mhe shares were sold for a total of $111,646.89, which is equivalent to $105.03 per share and represents the average price of the shares.
Mhe completion of the transaction will result in the chief operating officer gaining direct ownership of 201,623 shares of the company.
Based on the current stock price, these shares have a value of approximately $21,176,463.99.
Disclosures that are related to the sale might be found in this section of the website.
According to the most recent financial filings, company insiders sold 1,747,594 company stock during the past ninety days, bringing the total value of those sales to $178,182,913.
Mhe same amount of ownership as one percent of the company is held by insiders.
Technology that can be used in the financial services industry is made available by a corporation known as Fiserv, Inc.
Mhe business is structured with three separate operational divisions, which are referred to as merchant acceptance, financial technology, and payments and network, respectively.
Mhe Merchant Acceptance division provides a variety of businesses of varying sizes with the technology necessary to engage in international trade.