Dempze Nancy E Sells 259 Shares of Fiserv, Inc. $FI

Dempze Nancy E lowered its holdings in shares of Fiserv, Inc. (NYSE:FI) by 1.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 26,343 shares of the business services provider’s stock after selling 259 shares during the period. Fiserv accounts for approximately 2.6% of Dempze Nancy E’s holdings, making the stock its 14th largest position. Dempze Nancy E’s holdings in Fiserv were worth $4,542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. H&H Retirement Design & Management INC grew its position in shares of Fiserv by 6.2% in the second quarter. H&H Retirement Design & Management INC now owns 1,959 shares of the business services provider’s stock valued at $324,000 after purchasing an additional 115 shares during the last quarter. Navera Investment Management Ltd. grew its position in shares of Fiserv by 0.4% in the second quarter. Navera Investment Management Ltd. now owns 1,819,845 shares of the business services provider’s stock valued at $313,730,000 after purchasing an additional 6,892 shares during the last quarter. Spectrum Asset Management Inc. NB CA acquired a new position in shares of Fiserv in the second quarter valued at approximately $1,348,000. REAP Financial Group LLC grew its position in shares of Fiserv by 215.6% in the second quarter. REAP Financial Group LLC now owns 284 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 194 shares during the last quarter. Finally, Cortland Associates Inc. MO grew its position in shares of Fiserv by 0.9% in the second quarter. Cortland Associates Inc. MO now owns 305,341 shares of the business services provider’s stock valued at $52,644,000 after purchasing an additional 2,871 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Down 0.1%

Shares of NYSE:FI opened at $126.51 on Thursday. The company has a fifty day moving average of $133.69 and a 200-day moving average of $163.73. The company has a market capitalization of $68.77 billion, a PE ratio of 21.12, a price-to-earnings-growth ratio of 0.83 and a beta of 0.95. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.09 and a current ratio of 1.09. Fiserv, Inc. has a 52-week low of $124.89 and a 52-week high of $238.59.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.04. The business had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.20 billion. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.Fiserv’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.13 earnings per share. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, equities analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Susquehanna cut their price target on Fiserv from $240.00 to $220.00 and set a “positive” rating for the company in a research note on Thursday, July 24th. Truist Financial boosted their price target on Fiserv from $181.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 17th. Robert W. Baird cut their price target on Fiserv from $225.00 to $185.00 and set an “outperform” rating for the company in a research note 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. Finally, Wall Street Zen upgraded Fiserv from a “hold” rating to a “buy” rating in a research note on Saturday, September 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $205.96.

Fiserv 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.