Fiserv, Inc. $FI Shares Purchased by Delaney Dennis R

Delaney Dennis R increased its holdings in Fiserv, Inc. (NYSE:FI) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,420 shares of the business services provider’s stock after buying an additional 295 shares during the quarter. Fiserv comprises approximately 3.8% of Delaney Dennis R’s investment portfolio, making the stock its 10th largest holding. Delaney Dennis R’s holdings in Fiserv were worth $7,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FI. Sowell Financial Services LLC raised its holdings in shares of Fiserv by 9.7% during the second quarter. Sowell Financial Services LLC now owns 3,540 shares of the business services provider’s stock worth $610,000 after purchasing an additional 314 shares during the last quarter. Kathmere Capital Management LLC raised its stake in shares of Fiserv by 7.7% during the 2nd quarter. Kathmere Capital Management LLC now owns 1,488 shares of the business services provider’s stock valued at $257,000 after buying an additional 106 shares during the last quarter. Gotham Asset Management LLC boosted its stake in shares of Fiserv by 5.4% in the first quarter. Gotham Asset Management LLC now owns 74,674 shares of the business services provider’s stock worth $16,490,000 after buying an additional 3,809 shares during the last quarter. Deltec Asset Management LLC acquired a new position in Fiserv in the second quarter valued at approximately $1,034,000. Finally, Jacobs & Co. CA boosted its position in Fiserv by 26.5% in the 2nd quarter. Jacobs & Co. CA now owns 53,993 shares of the business services provider’s stock worth $9,308,000 after purchasing an additional 11,322 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Monness Crespi & Hardt raised shares of Fiserv from a “sell” rating to a “neutral” rating in a report on Monday, July 21st. Wall Street Zen downgraded shares of Fiserv from a “buy” rating to a “hold” rating in a research report on Saturday. Stephens dropped their target price on Fiserv from $240.00 to $180.00 and set an “overweight” rating on the stock in a research report on Thursday, July 24th. Weiss Ratings restated a “hold (c)” rating on shares of Fiserv in a research note on Wednesday, October 8th. Finally, Susquehanna lowered their price target on Fiserv from $240.00 to $220.00 and set a “positive” rating on the stock in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $204.46.

Fiserv Trading Down 2.5%

Shares of Fiserv stock opened at $122.85 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. Fiserv, Inc. has a twelve month low of $122.62 and a twelve month high of $238.59. The firm has a market capitalization of $66.78 billion, a PE ratio of 20.51, a P/E/G ratio of 0.80 and a beta of 0.95. The firm’s 50-day moving average price is $133.18 and its 200 day moving average price is $161.56.

Fiserv (NYSE:FI) last released its earnings results on Tuesday, March 26th. The business services provider reported $1.91 earnings per share for the quarter. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The business had revenue of $4.32 billion for the quarter. On average, sell-side analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Fiserv Company Profile

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.