386 Shares in Fiserv, Inc. $FI Purchased by Interchange Capital Partners LLC

Interchange Capital Partners LLC acquired a new position in Fiserv, Inc. (NYSE:FI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 386 shares of the business services provider’s stock, valued at approximately $67,000.

Several other large investors also recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC purchased a new stake in Fiserv in the 2nd quarter worth about $3,676,000. Graybill Wealth Management LTD. increased its holdings in Fiserv by 4.9% in the 2nd quarter. Graybill Wealth Management LTD. now owns 34,760 shares of the business services provider’s stock worth $5,993,000 after acquiring an additional 1,632 shares during the last quarter. SSA Swiss Advisors AG purchased a new stake in Fiserv in the 2nd quarter worth about $3,042,000. Curio Wealth LLC increased its holdings in Fiserv by 41,500.0% in the 2nd quarter. Curio Wealth LLC now owns 416 shares of the business services provider’s stock worth $72,000 after acquiring an additional 415 shares during the last quarter. Finally, Lee Danner & Bass Inc. increased its holdings in Fiserv by 23.5% in the 2nd quarter. Lee Danner & Bass Inc. now owns 106,031 shares of the business services provider’s stock worth $18,281,000 after acquiring an additional 20,196 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Robert W. Baird decreased their price objective on Fiserv from $225.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 24th. Mizuho cut their target price on Fiserv from $194.00 to $165.00 and set an “outperform” rating for the company in a research note on Tuesday, July 29th. Wall Street Zen downgraded Fiserv from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. TD Cowen cut their target price on Fiserv from $188.00 to $177.00 and set a “buy” rating for the company in a research note on Friday, October 17th. Finally, Monness Crespi & Hardt upgraded Fiserv from a “sell” rating to a “neutral” rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv has an average rating of “Moderate Buy” and an average target price of $181.89.

Fiserv Stock Performance

Shares of FI opened at $125.12 on Monday. The company has a market cap of $68.01 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 0.83 and a beta of 0.95. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. The stock has a 50-day moving average price of $131.01 and a 200-day moving average price of $155.49. Fiserv, Inc. has a 12-month low of $117.84 and a 12-month high of $238.59.

Fiserv (NYSE:FI) last issued its quarterly earnings results on Tuesday, March 26th. The business services provider reported $1.91 earnings per share (EPS) for the quarter. The firm had revenue of $4.32 billion during the quarter. Fiserv had a return on equity of 19.69% and a net margin of 16.00%. As a group, equities analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.