Buttonwood Financial Advisors Inc. trimmed its holdings in Fiserv, Inc. (NASDAQ:FISV – Free Report) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,263 shares of the company’s stock after selling 847 shares during the quarter. Fiserv makes up about 1.4% of Buttonwood Financial Advisors Inc.’s portfolio, making the stock its 18th biggest position. Buttonwood Financial Advisors Inc.’s holdings in Fiserv were worth $2,304,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of FISV. AE Wealth Management LLC boosted its stake in shares of Fiserv by 543.8% during the second quarter. AE Wealth Management LLC now owns 244,964 shares of the company’s stock valued at $30,902,000 after purchasing an additional 206,913 shares during the period. Outlook Wealth Advisors LLC boosted its position in Fiserv by 6.5% in the 2nd quarter. Outlook Wealth Advisors LLC now owns 5,317 shares of the company’s stock valued at $671,000 after buying an additional 325 shares during the period. DNB Asset Management AS grew its stake in Fiserv by 6.2% in the 2nd quarter. DNB Asset Management AS now owns 115,087 shares of the company’s stock worth $14,518,000 after acquiring an additional 6,761 shares in the last quarter. Moody National Bank Trust Division increased its position in shares of Fiserv by 2.2% during the second quarter. Moody National Bank Trust Division now owns 13,924 shares of the company’s stock worth $1,757,000 after acquiring an additional 306 shares during the period. Finally, Bellecapital International Ltd. raised its stake in shares of Fiserv by 0.5% during the second quarter. Bellecapital International Ltd. now owns 72,716 shares of the company’s stock valued at $9,173,000 after acquiring an additional 359 shares in the last quarter. Institutional investors own 88.79% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Fiserv in a report on Tuesday. They set a “buy” rating on the stock.
Fiserv Price Performance
NASDAQ:FISV traded down $1.15 during mid-day trading on Friday, reaching $121.05. The company’s stock had a trading volume of 5,501,837 shares, compared to its average volume of 3,749,599. The stock has a market capitalization of $76.03 billion, a price-to-earnings ratio of 32.24 and a beta of 0.86. The business’s fifty day simple moving average is $124.34. Fiserv, Inc. has a 1 year low of $87.03 and a 1 year high of $122.39.
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.
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