Osmosis Investment Management UK Ltd Makes New Investment in Fiserv, Inc. $FISV

Osmosis Investment Management UK Ltd bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 22,497 shares of the business services provider’s stock, valued at approximately $1,103,000.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Fiserv by 91.9% in the 4th 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 during the last quarter. Bison Wealth LLC boosted its position in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Fiserv in the second quarter valued at about $1,001,000. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after purchasing an additional 350 shares during the period. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Stock Up 0.7%

Shares of FISV opened at $52.96 on Tuesday. The company’s 50-day simple moving average is $51.43 and its 200-day simple moving average is $55.76. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.04 and a current ratio of 1.04. Fiserv, Inc. has a 1 year low of $47.04 and a 1 year high of $139.94. The stock has a market capitalization of $28.16 billion, a PE ratio of 10.17, a P/E/G ratio of 3.95 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.07). Fiserv had a net margin of 13.42% and a return on equity of 15.80%. The business had revenue of $4.96 billion during the quarter, compared to analyst estimates of $5.04 billion. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. Analysts forecast that Fiserv, Inc. will post 7.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Zacks Research downgraded shares of Fiserv from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 19th. Citigroup reissued a “neutral” rating and issued a $57.00 price target (down from $60.00) on shares of Fiserv in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Finally, UBS Group set a $60.00 price objective on Fiserv and gave the company a “neutral” rating in a report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $74.20.

Insider Activity at Fiserv

In other Fiserv news, Director Lance M. Fritz purchased 10,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was acquired at an average price of $51.95 per share, for a total transaction of $519,500.00. Following the completion of the purchase, the director directly owned 27,207 shares in the company, valued at approximately $1,413,403.65. The trade was a 58.12% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were bought at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.06% of the company’s stock.

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.