Barclays PLC boosted its holdings in Fiserv, Inc. (NASDAQ:FISV – Free Report) by 116.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,528,906 shares of the business services provider’s stock after buying an additional 1,895,349 shares during the period. Barclays PLC owned approximately 0.66% of Fiserv worth $454,982,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Fiserv during the 2nd quarter valued at $1,252,260,000. Amundi increased its holdings in Fiserv by 27.2% in the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after purchasing an additional 807,916 shares during the last quarter. Legal & General Group Plc lifted its stake in Fiserv by 1.1% in the second quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock valued at $604,486,000 after buying an additional 39,036 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Fiserv by 24.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock worth $404,687,000 after buying an additional 607,213 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in 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. Institutional investors and hedge funds own 90.98% of the company’s stock.
Fiserv Price Performance
Shares of NASDAQ FISV opened at $63.86 on Friday. The company has a fifty day moving average price of $64.08 and a 200 day moving average price of $88.41. The firm has a market cap of $34.15 billion, a PE ratio of 10.07, a PEG ratio of 1.92 and a beta of 0.77. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $227.00.
Analyst Ratings Changes
A number of brokerages have recently commented on FISV. Citigroup reaffirmed a “neutral” rating and issued a $68.00 price target (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Tigress Financial set a $95.00 target price on shares of Fiserv and gave the company a “buy” rating in a research note on Wednesday, December 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. JPMorgan Chase & Co. reduced their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Compass Point decreased their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $109.74.
Check Out Our Latest Report on Fiserv
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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