TD Private Client Wealth LLC Has $174,000 Holdings in Fiserv, Inc. $FISV

TD Private Client Wealth LLC lessened its position in Fiserv, Inc. (NASDAQ:FISV) by 88.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,348 shares of the business services provider’s stock after selling 10,401 shares during the quarter. TD Private Client Wealth LLC’s holdings in Fiserv were worth $174,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Fiserv during the 2nd quarter worth about $1,252,260,000. Amundi increased its position in Fiserv by 27.2% in the 2nd quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock worth $652,148,000 after buying an additional 807,916 shares during the period. Legal & General Group Plc lifted its holdings in shares of Fiserv by 1.1% during the second quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock worth $604,486,000 after buying an additional 39,036 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in shares of Fiserv by 3.9% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock worth $362,128,000 after buying an additional 109,427 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Fiserv by 34.7% in the second quarter. Franklin Resources Inc. now owns 2,641,827 shares of the business services provider’s stock valued at $455,478,000 after acquiring an additional 680,743 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 17,000 shares of the business’s stock in a transaction on Monday, December 1st. The stock was purchased at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the transaction, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. This trade represents a 228.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lance M. Fritz acquired 10,000 shares of Fiserv stock in a transaction on Thursday, October 30th. The stock was acquired at an average cost of $65.18 per share, for a total transaction of $651,800.00. Following the purchase, the director owned 13,086 shares of the company’s stock, valued at approximately $852,945.48. This represents a 324.04% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 34,900 shares of company stock valued at $2,211,971. Corporate insiders own 1.00% of the company’s stock.

Fiserv Stock Down 0.7%

Shares of NASDAQ FISV opened at $66.29 on Friday. Fiserv, Inc. has a 52-week low of $59.56 and a 52-week high of $238.59. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. The business has a fifty day moving average of $65.69 and a two-hundred day moving average of $109.14. The stock has a market cap of $36.03 billion, a PE ratio of 10.25, a PEG ratio of 2.67 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last announced its earnings results on Wednesday, October 29th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.60). Fiserv had a return on equity of 19.47% and a net margin of 17.05%.The firm had revenue of $4.92 billion for the quarter, compared to analyst estimates of $5.37 billion. During the same quarter last year, the business earned $2.30 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. Fiserv has set its FY 2025 guidance at 8.500-8.600 EPS. As a group, equities research analysts expect that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FISV has been the topic of a number of research reports. Wells Fargo & Company raised shares of Fiserv to a “hold” rating in a research report on Wednesday, October 22nd. Compass Point lowered shares of Fiserv from a “strong-buy” rating to a “neutral” rating and set a $127.50 price objective for the company. in a research report on Wednesday, October 29th. Morgan Stanley lowered Fiserv from an “overweight” rating to an “equal weight” rating and set a $81.00 price target on the stock. in a research note on Friday, November 14th. BNP Paribas Exane reiterated a “neutral” rating and issued a $62.00 price objective on shares of Fiserv in a research report on Wednesday, November 5th. Finally, Wolfe Research restated a “peer perform” rating on shares of Fiserv in a research report on Wednesday, October 29th. Ten research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $112.92.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.