Impax Asset Management Group plc lessened its position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 299,467 shares of the company’s stock after selling 14,808 shares during the period. Impax Asset Management Group plc’s holdings in Fiserv were worth $33,828,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in FISV. Capital World Investors lifted its holdings in shares of Fiserv by 15.5% during the 2nd quarter. Capital World Investors now owns 16,391,168 shares of the company’s stock worth $2,067,746,000 after acquiring an additional 2,193,931 shares during the period. Holocene Advisors LP lifted its stake in Fiserv by 1,878.0% in the 2nd quarter. Holocene Advisors LP now owns 1,314,354 shares of the company’s stock valued at $165,806,000 after purchasing an additional 1,247,904 shares during the last quarter. PointState Capital LP bought a new position in Fiserv in the 2nd quarter valued at approximately $155,749,000. Bank of Montreal Can bought a new position in Fiserv in the 2nd quarter valued at approximately $128,190,000. Finally, Nuveen Asset Management LLC lifted its stake in Fiserv by 14.1% in the 2nd quarter. Nuveen Asset Management LLC now owns 6,606,698 shares of the company’s stock valued at $833,435,000 after purchasing an additional 817,660 shares during the last quarter. Institutional investors own 88.79% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on shares of Fiserv in a research note on Friday, January 26th. They issued a “buy” rating for the company.
Fiserv Price Performance
Shares of NASDAQ:FISV opened at $144.05 on Wednesday. The company has a market cap of $90.48 billion, a price-to-earnings ratio of 38.01 and a beta of 0.86. The firm has a 50 day simple moving average of $133.87 and a 200 day simple moving average of $124.98. Fiserv, Inc. has a one year low of $87.03 and a one 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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