Investment Research Partners LLC acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 10,188 shares of the business services provider’s stock, valued at approximately $684,000.
A number of other large investors also recently bought and sold shares of the business. Stonebridge Capital Advisors LLC grew its stake in Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares in the last quarter. Bison Wealth LLC grew its stake in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares in the last quarter. ROI Financial Advisors LLC grew its stake in Fiserv by 10.3% in the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after purchasing an additional 175 shares in the last quarter. WASHINGTON TRUST Co lifted its holdings in Fiserv by 3.5% in the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after acquiring an additional 175 shares during the last quarter. Finally, Notis McConarty Edward lifted its holdings in Fiserv by 0.5% in the third quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock worth $4,621,000 after acquiring an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv Stock Performance
FISV opened at $53.17 on Friday. The business’s 50 day moving average is $57.36 and its 200-day moving average is $61.15. The stock has a market cap of $28.35 billion, a PE ratio of 9.01, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a twelve month low of $51.78 and a twelve month high of $177.36.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on FISV shares. UBS Group set a $65.00 target price on shares of Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. B. Riley Financial cut their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Susquehanna reissued a “positive” rating and issued a $91.00 target price (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Mizuho cut their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Finally, BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a report on Friday, June 5th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $82.23.
View Our Latest Stock Analysis on FISV
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.
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