WFA of San Diego LLC Makes New $91,000 Investment in Fiserv, Inc. (NASDAQ:FISV)

WFA of San Diego LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 720 shares of the company’s stock, valued at approximately $91,000.

Other hedge funds have also modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich grew its stake in Fiserv by 99,857.6% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 570,446,227 shares of the company’s stock valued at $71,961,792,000 after acquiring an additional 569,875,539 shares in the last quarter. Parnassus Investments LLC lifted its position in Fiserv by 0.8% during the second quarter. Parnassus Investments LLC now owns 6,887,288 shares of the company’s stock worth $868,831,000 after buying an additional 56,213 shares in the last quarter. California Public Employees Retirement System boosted its stake in Fiserv by 0.6% during the second quarter. California Public Employees Retirement System now owns 3,280,448 shares of the company’s stock worth $413,829,000 after buying an additional 21,001 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in Fiserv by 0.5% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 3,017,174 shares of the company’s stock valued at $380,617,000 after buying an additional 13,733 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Fiserv by 40.4% in the 2nd quarter. Barclays PLC now owns 2,189,019 shares of the company’s stock worth $276,142,000 after acquiring an additional 629,477 shares during the last quarter. 88.79% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $124.08 on Tuesday. The business’s 50 day moving average price is $116.67. The firm has a market cap of $77.94 billion, a P/E ratio of 32.74 and a beta of 0.86. Fiserv, Inc. has a 1 year low of $87.03 and a 1 year high of $122.39.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Fiserv in a report on Wednesday, November 15th. They issued a “buy” rating for the company.

Fiserv 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.