Bokf Na acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,217 shares of the business services provider’s stock, valued at approximately $619,000.
Other large investors also recently bought and sold shares of the company. Redmont Wealth Advisors LLC purchased a new position in Fiserv during the 3rd quarter worth $30,000. Westfuller Advisors LLC purchased a new position in Fiserv during the 3rd quarter worth $36,000. WFA of San Diego LLC purchased a new position in Fiserv during the 2nd quarter worth $55,000. Oakworth Capital Inc. purchased a new position in Fiserv during the 4th quarter worth $25,000. Finally, American National Bank & Trust purchased a new position in Fiserv during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv Stock Performance
Shares of FISV opened at $55.48 on Friday. The company has a 50-day simple moving average of $59.09 and a 200-day simple moving average of $65.65. The company has a quick ratio of 1.03, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $29.58 billion, a PE ratio of 9.40, a P/E/G ratio of 1.72 and a beta of 0.84. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91.
Wall Street Analyst Weigh In
FISV has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. BNP Paribas Exane cut their price objective on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Stephens cut their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Finally, Mizuho cut their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $87.48.
Check Out Our Latest Analysis on FISV
Fiserv Company 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.
Read More
- Five stocks we like better than Fiserv
- Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming Due
- Excited About Gold But Unsure of Its Trajectory? Try These 3 Approaches
- Dollar at a 3-Year Low: 3 Exporters Quietly Printing Money
- Water Infrastructure: Why This Boring Sector Could Get Exciting
Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISV – Free Report).
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.
