Dodge & Cox Adds $42M in Fiserv, Inc. ($FISV)
Dodge & Cox added 786,328 shares of Fiserv, raising its stake to 50.26 million shares.
Key Points
- Dodge & Cox increased its position in Fiserv by 786,328 shares, reaching 50.26 million shares as of the latest filing.
- Fiserv shares traded at $53.06 with a market cap of $28.57 billion and a P/E ratio of 9.08.
- No insider transactions or analyst updates were reported for Fiserv recently.
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Dodge & Cox has increased its stake in Fiserv, Inc. (NasdaqGS: FISV) by 786,328 shares, according to a recent Form 13F filing with the SEC. This boost brings Dodge & Cox's total holdings to 50,260,950 shares, valued at approximately $2.67 billion. The filing reflects holdings as of the end of the reporting period and may not represent the current position.
What Changed in Dodge & Cox's Fiserv Position
Dodge & Cox's recent move in Fiserv involved adding 786,328 shares, which represents a 1.59% increase in its holdings. Before this addition, the fund held 49,474,622 shares. The total value of Dodge & Cox's Fiserv position now stands at about $2.67 billion.
Fiserv, Inc. Stock Down 0.5%
Shares of Fiserv (NasdaqGS: FISV) traded at $53.06 recently. The company has a market capitalization of approximately $28.57 billion and a P/E ratio of 9.08, indicating it is relatively inexpensive compared to its earnings. The stock's 52-week range is between $51.78 and $177.36, with a 50-day moving average of $57.59 and a 200-day moving average of $77.14.
$FISV stock price
Daily closing prices, year to date. Not investment advice.
About Fiserv, Inc.
Fiserv, Inc. is a global provider of financial services technology, based in Brookfield, Wisconsin. It offers a range of services including electronic payment processing, account processing systems, and digital banking solutions. The company serves banks, credit unions, and other financial institutions worldwide. Fiserv is led by CEO Frank J. Bisignano and employs thousands of people across its operations.
Bottom Line
Dodge & Cox's decision to increase its stake in Fiserv signals continued confidence in the company's prospects. While the 13F filing is a backward-looking document and may not reflect current positions, it gives insight into institutional sentiment. Investors often track these filings to gauge the movements of large funds.
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