PDS Planning Inc decreased its stake in Fiserv, Inc. (NYSE:FI – Free Report) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,253 shares of the business services provider’s stock after selling 168 shares during the period. PDS Planning Inc’s holdings in Fiserv were worth $561,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also added to or reduced their stakes in FI. Brighton Jones LLC boosted its holdings in Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after acquiring an additional 2,033 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares in the last quarter. Simon Quick Advisors LLC lifted its holdings in Fiserv by 46.8% during the first quarter. Simon Quick Advisors LLC now owns 2,762 shares of the business services provider’s stock worth $610,000 after acquiring an additional 880 shares during the period. Thomasville National Bank bought a new stake in Fiserv during the first quarter worth $254,000. Finally, CVA Family Office LLC lifted its holdings in Fiserv by 2.5% during the first quarter. CVA Family Office LLC now owns 2,709 shares of the business services provider’s stock worth $598,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.
Fiserv Trading Down 2.5%
FI opened at $122.85 on Friday. The firm has a market capitalization of $66.78 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 0.80 and a beta of 0.95. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day simple moving average of $133.18 and a two-hundred day simple moving average of $161.97. Fiserv, Inc. has a one year low of $122.62 and a one year high of $238.59.
Wall Street Analyst Weigh In
A number of research firms have issued reports on FI. Susquehanna decreased their target price on Fiserv from $240.00 to $220.00 and set a “positive” rating for the company in a research report on Thursday, July 24th. UBS Group cut their target price on Fiserv from $225.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, July 25th. Wall Street Zen cut Fiserv from a “buy” rating to a “hold” rating in a research report on Saturday. Truist Financial lifted their price target on Fiserv from $181.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Finally, Barclays set a $175.00 price target on Fiserv and gave the stock an “overweight” rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Fiserv has a consensus rating of “Moderate Buy” and a consensus target price of $204.46.
Get Our Latest Research Report on Fiserv
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.
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