Metropolitan Life Insurance Co NY Reduces Stock Holdings in Fiserv, Inc. (NASDAQ:FISV)

Metropolitan Life Insurance Co NY lessened its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,902 shares of the company’s stock after selling 1,501 shares during the period. Metropolitan Life Insurance Co NY’s holdings in Fiserv were worth $3,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Fiserv by 99,857.6% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 570,446,227 shares of the company’s stock valued at $71,961,792,000 after buying an additional 569,875,539 shares during the last quarter. Bank of Montreal Can acquired a new stake in Fiserv during the second quarter worth about $128,190,000. Barclays PLC grew its holdings in Fiserv by 40.4% during the second quarter. Barclays PLC now owns 2,189,019 shares of the company’s stock worth $276,142,000 after acquiring an additional 629,477 shares during the period. Provident Trust Co. lifted its holdings in Fiserv by 3,919.2% in the second quarter. Provident Trust Co. now owns 529,894 shares of the company’s stock valued at $66,846,000 after acquiring an additional 516,710 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its position in Fiserv by 291.9% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 380,666 shares of the company’s stock worth $48,002,000 after purchasing an additional 283,531 shares in the last quarter. 88.79% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Price Performance

FISV opened at $124.08 on Tuesday. The firm has a fifty day moving average price of $116.67. The stock has a market capitalization of $77.94 billion, a PE ratio of 32.74 and a beta of 0.86. Fiserv, Inc. has a fifty-two week low of $87.03 and a fifty-two week high of $122.39.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Fiserv in a report on Wednesday, November 15th. They set a “buy” rating for the company.

Fiserv Profile

Fiserv, Inc, together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.