Caliber Wealth Management LLC KS bought a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,863 shares of the business services provider’s stock, valued at approximately $864,000.
A number of other hedge funds have also recently made changes to their positions in FISV. Capital World Investors lifted its holdings in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the last quarter. Barclays PLC lifted its holdings in shares of Fiserv by 116.0% in the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $87,458,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Fiserv in the 4th quarter worth approximately $77,198,000. Finally, Worldquant Millennium Advisors LLC lifted its holdings in shares of Fiserv by 2,134.9% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock worth $171,215,000 after acquiring an additional 948,634 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors.
Fiserv Trading Down 1.4%
NASDAQ:FISV opened at $63.26 on Wednesday. The company has a fifty day moving average of $59.15 and a 200 day moving average of $70.10. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $221.50. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $33.78 billion, a P/E ratio of 9.98, a P/E/G ratio of 1.99 and a beta of 0.79.
Analysts Set New Price Targets
FISV has been the subject of a number of recent research reports. TD Cowen restated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Truist Financial lowered their price objective on shares of Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a report on Thursday, February 26th. Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 price objective on shares of Fiserv in a report on Wednesday, March 11th. Keefe, Bruyette & Woods lowered their price objective on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Finally, Morgan Stanley set a $64.00 price objective on shares of Fiserv in a report on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Fiserv has an average rating of “Hold” and an average price target of $96.63.
View Our Latest Research 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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