Aaron Wealth Advisors LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,896 shares of the business services provider’s stock, valued at approximately $1,068,000.
Several other large investors have also bought and sold shares of the company. Nordea Investment Management AB boosted its position in shares of Fiserv by 4.1% during the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock valued at $258,854,000 after buying an additional 78,220 shares during the last quarter. Investment Management Corp of Ontario boosted its position in shares of Fiserv by 115.3% during the second quarter. Investment Management Corp of Ontario now owns 50,609 shares of the business services provider’s stock valued at $8,725,000 after buying an additional 27,107 shares during the last quarter. AGF Management Ltd. boosted its position in shares of Fiserv by 55.4% during the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock valued at $25,080,000 after buying an additional 69,383 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position 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 valued at $362,128,000 after buying an additional 109,427 shares during the last quarter. Finally, CMH Wealth Management LLC raised its stake in Fiserv by 49.6% during the 3rd quarter. CMH Wealth Management LLC now owns 86,676 shares of the business services provider’s stock valued at $11,175,000 after buying an additional 28,729 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.
Fiserv Trading Down 1.8%
Shares of FISV opened at $55.32 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $221.50. The company has a 50 day simple moving average of $59.39 and a two-hundred day simple moving average of $74.92. The firm has a market cap of $29.58 billion, a P/E ratio of 8.73, a price-to-earnings-growth ratio of 1.74 and a beta of 0.79.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on FISV shares. Tigress Financial reiterated a “buy” rating and set a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a research note on Monday, December 29th. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. B. Riley Financial decreased their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Finally, Citigroup reiterated a “neutral” rating and set a $68.00 target price (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $105.59.
View Our Latest Stock Report on Fiserv
Fiserv Company 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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