Fiserv, Inc. (NASDAQ:FISV) is Triad Investment Management’s 3rd Largest Position

Triad Investment Management lessened its stake in Fiserv, Inc. (NASDAQ:FISV) by 3.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,459 shares of the company’s stock after selling 1,003 shares during the quarter. Fiserv accounts for 4.8% of Triad Investment Management’s investment portfolio, making the stock its 3rd largest position. Triad Investment Management’s holdings in Fiserv were worth $3,464,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. AE Wealth Management LLC grew its stake in Fiserv by 543.8% in the 2nd quarter. AE Wealth Management LLC now owns 244,964 shares of the company’s stock valued at $30,902,000 after acquiring an additional 206,913 shares during the last quarter. 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 valued at $14,518,000 after acquiring an additional 6,761 shares during the last quarter. 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 valued at $14,518,000 after acquiring an additional 6,761 shares during the last quarter. Bellecapital International Ltd. grew its stake in Fiserv by 0.5% in the 2nd 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 during the last quarter. Finally, Woodstock Corp boosted its stake in shares of Fiserv by 0.9% during the 2nd quarter. Woodstock Corp now owns 68,213 shares of the company’s stock worth $8,605,000 after purchasing an additional 595 shares during the last quarter. Hedge funds and other institutional investors own 88.79% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Fiserv in a research note on Tuesday, September 12th. They set a “buy” rating on the stock.

Fiserv Price Performance

Fiserv stock opened at $121.05 on Friday. Fiserv, Inc. has a 12-month low of $87.03 and a 12-month high of $122.39. The firm has a market cap of $76.03 billion, a PE ratio of 31.94 and a beta of 0.86. The business’s 50-day moving average price is $124.34.

About Fiserv

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.