Fiserv, Inc. (NASDAQ:FISV) insider Kevin J. Schultz sold 3,439 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $131.51, for a total transaction of $452,262.89. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Fiserv, Inc. (NASDAQ FISV) traded down $0.63 during midday trading on Wednesday, hitting $131.20. 625,900 shares of the stock traded hands, compared to its average volume of 864,926. Fiserv, Inc. has a 1-year low of $104.49 and a 1-year high of $133.11. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $27,473.29, a price-to-earnings ratio of 27.07, a PEG ratio of 2.26 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $1.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.30 by ($0.03). Fiserv had a net margin of 16.31% and a return on equity of 43.56%. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period last year, the firm posted $1.14 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. equities research analysts expect that Fiserv, Inc. will post 5.08 earnings per share for the current year.

A number of research firms recently weighed in on FISV. BidaskClub lowered shares of Fiserv from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Robert W. Baird reissued a “buy” rating and set a $136.00 price objective on shares of Fiserv in a report on Friday, September 8th. SunTrust Banks reissued a “hold” rating and set a $130.00 price objective on shares of Fiserv in a report on Wednesday, November 1st. Royal Bank of Canada reissued a “hold” rating and set a $128.00 price objective on shares of Fiserv in a report on Sunday, October 8th. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $126.00 price objective on shares of Fiserv in a report on Wednesday, November 1st. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $130.41.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Roberts Glore & Co. Inc. IL lifted its position in Fiserv by 0.6% in the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 3,290 shares of the business services provider’s stock valued at $402,000 after purchasing an additional 20 shares during the last quarter. Burney Co. lifted its position in Fiserv by 0.7% in the 2nd quarter. Burney Co. now owns 8,473 shares of the business services provider’s stock valued at $1,030,000 after purchasing an additional 55 shares during the last quarter. Parallel Advisors LLC lifted its position in Fiserv by 8.2% in the 2nd quarter. Parallel Advisors LLC now owns 849 shares of the business services provider’s stock valued at $109,000 after purchasing an additional 64 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Fiserv by 0.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 15,492 shares of the business services provider’s stock valued at $1,895,000 after purchasing an additional 85 shares during the last quarter. Finally, Norinchukin Bank The lifted its position in Fiserv by 0.3% in the 2nd quarter. Norinchukin Bank The now owns 29,125 shares of the business services provider’s stock valued at $3,563,000 after purchasing an additional 87 shares during the last quarter. 88.62% of the stock is owned by institutional investors and hedge funds.

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About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Insider Buying and Selling by Quarter for Fiserv (NASDAQ:FISV)

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