Fiserv Inc (FISV) Shares Sold by Capital City Trust Co. FL

Capital City Trust Co. FL decreased its holdings in shares of Fiserv Inc (NASDAQ:FISV) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,433 shares of the business services provider’s stock after selling 975 shares during the quarter. Fiserv makes up approximately 1.3% of Capital City Trust Co. FL’s holdings, making the stock its 21st biggest holding. Capital City Trust Co. FL’s holdings in Fiserv were worth $3,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FISV. Acrospire Investment Management LLC bought a new position in Fiserv in the 2nd quarter worth about $122,000. Sun Life Financial INC grew its position in Fiserv by 11,838.5% in the 2nd quarter. Sun Life Financial INC now owns 1,552 shares of the business services provider’s stock worth $190,000 after purchasing an additional 1,539 shares during the last quarter. Coastline Trust Co bought a new position in Fiserv in the 3rd quarter worth about $202,000. Trustmark National Bank Trust Department bought a new position in Fiserv in the 2nd quarter worth about $204,000. Finally, Paragon Capital Management Ltd bought a new position in Fiserv in the 3rd quarter worth about $206,000. Hedge funds and other institutional investors own 88.50% of the company’s stock.

Fiserv Inc (NASDAQ:FISV) traded up $0.74 during trading on Wednesday, hitting $138.25. 1,521,278 shares of the stock traded hands, compared to its average volume of 776,843. Fiserv Inc has a twelve month low of $104.51 and a twelve month high of $139.25. The company has a market capitalization of $28,810.00, a PE ratio of 32.84, a PEG ratio of 2.08 and a beta of 0.82. 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 (NASDAQ:FISV) last released its earnings results on Tuesday, October 31st. The business services provider reported $1.27 EPS for the quarter, missing the 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 for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the company earned $1.14 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. equities research analysts forecast that Fiserv Inc will post 5.08 earnings per share for the current year.

Several research analysts have commented on the stock. Credit Suisse Group upped their target price on shares of Fiserv from $126.00 to $140.00 and gave the stock a “neutral” rating in a research report on Wednesday. Argus set a $148.00 target price on shares of Fiserv and gave the stock a “buy” rating in a research report on Friday, January 12th. Barclays restated a “hold” rating and issued a $141.00 target price on shares of Fiserv in a research report on Friday, January 5th. Zacks Investment Research upgraded shares of Fiserv from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Finally, SunTrust Banks restated a “hold” rating and issued a $130.00 target price on shares of Fiserv in a research report on Wednesday, November 1st. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $133.72.

In related news, insider Jeffery W. Yabuki sold 2,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.35, for a total transaction of $256,700.00. Following the completion of the sale, the insider now directly owns 236,835 shares of the company’s stock, valued at $30,397,772.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeffery W. Yabuki sold 17,000 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $131.18, for a total transaction of $2,230,060.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,439 shares of company stock valued at $4,249,323. Company insiders own 1.80% of the company’s stock.

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About Fiserv

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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