TD Asset Management Inc Reduces Stake in Fiserv, Inc. (NASDAQ:FISV)

TD Asset Management Inc decreased its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 5.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 494,416 shares of the company’s stock after selling 25,992 shares during the period. TD Asset Management Inc owned 0.08% of Fiserv worth $62,371,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. OLD National Bancorp IN increased its position in Fiserv by 74.1% during the second quarter. OLD National Bancorp IN now owns 7,721 shares of the company’s stock worth $974,000 after buying an additional 3,286 shares in the last quarter. Nemes Rush Group LLC acquired a new stake in shares of Fiserv during the second quarter worth $2,746,000. WealthShield Partners LLC boosted its holdings in shares of Fiserv by 5.4% during the second quarter. WealthShield Partners LLC now owns 10,791 shares of the company’s stock worth $1,361,000 after purchasing an additional 552 shares during the last quarter. IFM Investors Pty Ltd boosted its holdings in shares of Fiserv by 2.8% during the second quarter. IFM Investors Pty Ltd now owns 123,212 shares of the company’s stock worth $15,543,000 after purchasing an additional 3,364 shares during the last quarter. Finally, Davidson Capital Management Inc. boosted its holdings in shares of Fiserv by 0.9% during the second quarter. Davidson Capital Management Inc. now owns 12,850 shares of the company’s stock worth $1,621,000 after purchasing an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 88.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Fiserv in a report on Wednesday. They set a “buy” rating on the stock.

Fiserv Stock Up 0.5 %

Shares of Fiserv stock opened at $122.16 on Wednesday. Fiserv, Inc. has a twelve month low of $87.03 and a twelve month high of $122.39. The firm has a market capitalization of $76.73 billion, a PE ratio of 32.23 and a beta of 0.86. The firm has a fifty day moving average price of $116.59.

Fiserv Company 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.