Sugarloaf Wealth Management LLC grew its holdings in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 44.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,325 shares of the company’s stock after purchasing an additional 410 shares during the period. Sugarloaf Wealth Management LLC’s holdings in Fiserv were worth $167,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. raised its holdings in Fiserv by 2.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 56,710 shares of the company’s stock valued at $7,154,000 after acquiring an additional 1,418 shares during the last quarter. Birch Capital Management LLC increased its holdings in shares of Fiserv by 7.7% during the 2nd quarter. Birch Capital Management LLC now owns 19,936 shares of the company’s stock worth $2,515,000 after buying an additional 1,430 shares during the last quarter. American National Bank increased its holdings in shares of Fiserv by 47.7% during the 2nd quarter. American National Bank now owns 65,004 shares of the company’s stock worth $8,200,000 after buying an additional 20,993 shares during the last quarter. Marshall & Sullivan Inc. WA increased its holdings in shares of Fiserv by 0.6% during the 2nd quarter. Marshall & Sullivan Inc. WA now owns 46,615 shares of the company’s stock worth $5,880,000 after buying an additional 270 shares during the last quarter. Finally, Darwin Wealth Management LLC increased its holdings in shares of Fiserv by 27.5% during the 2nd quarter. Darwin Wealth Management LLC now owns 10,805 shares of the company’s stock worth $1,372,000 after buying an additional 2,329 shares during the last quarter. Institutional investors and hedge funds own 88.79% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Fiserv in a report on Tuesday, September 12th. They set a “buy” rating for the company.
Fiserv Price Performance
NASDAQ FISV traded up $0.15 during trading hours on Tuesday, hitting $121.20. The company had a trading volume of 2,077,138 shares, compared to its average volume of 3,749,599. Fiserv, Inc. has a fifty-two week low of $87.03 and a fifty-two week high of $122.39. The stock has a market cap of $76.13 billion, a P/E ratio of 31.94 and a beta of 0.86. The business’s 50 day moving average is $124.26.
About Fiserv
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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