LVM Capital Management Ltd. MI Has $905,000 Stock Holdings in Fiserv, Inc. $FI

LVM Capital Management Ltd. MI cut its position in shares of Fiserv, Inc. (NYSE:FI) by 2.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,250 shares of the business services provider’s stock after selling 150 shares during the period. LVM Capital Management Ltd. MI’s holdings in Fiserv were worth $905,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Harbor Investment Advisory LLC increased its stake in shares of Fiserv by 9.6% during the 2nd quarter. Harbor Investment Advisory LLC now owns 15,203 shares of the business services provider’s stock worth $2,621,000 after purchasing an additional 1,336 shares during the last quarter. Cullen Investment Group LTD. increased its stake in shares of Fiserv by 1.2% during the 2nd quarter. Cullen Investment Group LTD. now owns 13,305 shares of the business services provider’s stock worth $2,294,000 after purchasing an additional 164 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of Fiserv during the 1st quarter worth about $4,674,000. Swedbank AB increased its stake in shares of Fiserv by 1.5% during the 1st quarter. Swedbank AB now owns 340,946 shares of the business services provider’s stock worth $75,291,000 after purchasing an additional 5,104 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Fiserv by 1.1% during the 1st quarter. Voya Investment Management LLC now owns 839,878 shares of the business services provider’s stock worth $185,470,000 after buying an additional 8,852 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Performance

NYSE FI opened at $134.43 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $73.08 billion, a P/E ratio of 22.44, a P/E/G ratio of 0.88 and a beta of 0.94. Fiserv, Inc. has a 12-month low of $128.22 and a 12-month high of $238.59. The firm has a 50-day moving average price of $144.31 and a two-hundred day moving average price of $175.13.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.43 by $0.04. The firm had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.20 billion. Fiserv had a net margin of 16.00% and a return on equity of 19.69%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.13 EPS. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. Analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Analyst Ratings Changes

FI has been the subject of several research analyst reports. Jefferies Financial Group reduced their target price on shares of Fiserv from $180.00 to $165.00 and set a “hold” rating for the company in a report on Tuesday, May 27th. Robert W. Baird reduced their target price on shares of Fiserv from $225.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 24th. Truist Financial lifted their target price on shares of Fiserv from $181.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Fiserv in a report on Thursday, July 17th. They set a “buy” rating and a $200.00 target price for the company. Finally, Tigress Financial lifted their target price on shares of Fiserv from $244.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.36.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.