Roundview Capital LLC Raises Stock Position in Fiserv, Inc. $FI

Roundview Capital LLC raised its holdings in shares of Fiserv, Inc. (NYSE:FI) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,203 shares of the business services provider’s stock after acquiring an additional 404 shares during the quarter. Roundview Capital LLC’s holdings in Fiserv were worth $2,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Fiserv by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 50,079,534 shares of the business services provider’s stock worth $11,059,063,000 after acquiring an additional 535,407 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Fiserv by 77.2% during the 1st quarter. JPMorgan Chase & Co. now owns 15,354,767 shares of the business services provider’s stock worth $3,390,793,000 after acquiring an additional 6,691,703 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Fiserv by 3.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,284,433 shares of the business services provider’s stock valued at $1,829,451,000 after buying an additional 253,544 shares in the last quarter. Nuveen LLC bought a new position in Fiserv in the 1st quarter worth $1,722,584,000. Finally, Alliancebernstein L.P. boosted its holdings in Fiserv by 5.3% in the 1st quarter. Alliancebernstein L.P. now owns 5,724,666 shares of the business services provider’s stock worth $1,264,178,000 after buying an additional 287,420 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Up 1.3%

Shares of FI stock opened at $126.63 on Wednesday. The stock has a market cap of $68.84 billion, a P/E ratio of 21.14, a PEG ratio of 0.81 and a beta of 0.95. Fiserv, Inc. has a 52 week low of $124.89 and a 52 week high of $238.59. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09. The company’s fifty day simple moving average is $133.98 and its two-hundred day simple moving average is $163.99.

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Fiserv in a report on Thursday, July 17th. They issued a “buy” rating and a $200.00 target price for the company. Truist Financial upped their target price on shares of Fiserv from $181.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Barclays set a $175.00 target price on shares of Fiserv and gave the stock an “overweight” rating in a report on Monday, July 28th. Susquehanna dropped their target price on shares of Fiserv from $240.00 to $220.00 and set a “positive” rating for the company in a report on Thursday, July 24th. Finally, Stephens dropped their target price on shares of Fiserv from $240.00 to $180.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv currently has a consensus rating of “Moderate Buy” and a consensus target price 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.