Angeles Wealth Management LLC Acquires New Stake in Fiserv, Inc. (NASDAQ:FISV)

Angeles Wealth Management LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,783 shares of the company’s stock, valued at approximately $225,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc bought a new position in shares of Fiserv during the second quarter worth about $30,000. Annapolis Financial Services LLC acquired a new position in Fiserv during the 2nd quarter worth approximately $36,000. Activest Wealth Management grew its stake in shares of Fiserv by 652.9% during the 2nd quarter. Activest Wealth Management now owns 384 shares of the company’s stock worth $45,000 after acquiring an additional 333 shares in the last quarter. Your Advocates Ltd. LLP acquired a new stake in shares of Fiserv in the second quarter valued at approximately $57,000. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in shares of Fiserv in the second quarter valued at approximately $73,000. Institutional investors own 88.79% of the company’s stock.

Fiserv Trading Down 0.6 %

NASDAQ:FISV opened at $124.08 on Friday. Fiserv, Inc. has a 52-week low of $87.03 and a 52-week high of $122.39. The firm has a market capitalization of $77.94 billion, a P/E ratio of 32.74 and a beta of 0.86. The firm has a 50-day moving average of $116.62.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Fiserv in a research report on Wednesday. They issued a “buy” rating for the company.

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.