Thompson Siegel & Walmsley LLC purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 550,794 shares of the business services provider’s stock, valued at approximately $36,997,000. Thompson Siegel & Walmsley LLC owned about 0.10% of Fiserv as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of FISV. Redmont Wealth Advisors LLC acquired a new stake in shares of Fiserv in the third quarter valued at about $30,000. WFA of San Diego LLC bought a new stake in Fiserv during the 2nd quarter valued at approximately $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv in the 4th quarter valued at approximately $25,000. Kimelman & Baird LLC bought a new position in Fiserv in the 4th quarter worth approximately $27,000. Finally, American National Bank & Trust bought a new position in Fiserv in the 4th quarter worth approximately $27,000. Institutional investors own 90.98% of the company’s stock.
Fiserv Stock Performance
Shares of Fiserv stock opened at $56.56 on Monday. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36. The firm has a market capitalization of $30.16 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 1.58 and a beta of 0.80. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company’s fifty day moving average price is $57.56 and its two-hundred day moving average price is $61.62.
Wall Street Analysts Forecast Growth
FISV has been the topic of several research analyst reports. B. Riley Financial lowered their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Cantor Fitzgerald cut their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Weiss Ratings upgraded shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. TD Cowen restated a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Finally, Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average target price of $82.80.
View 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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