Shares of Fiserv Inc (NASDAQ:FISV) are scheduled to split on the morning of Tuesday, March 20th. The 2-1 split was announced on Thursday, February 22nd. The newly issued shares will be issued to shareholders after the market closes on Monday, March 19th.
Fiserv (FISV) opened at $148.23 on Monday. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.02 and a quick ratio of 1.02. Fiserv has a 52 week low of $113.29 and a 52 week high of $148.42. The company has a market capitalization of $30,890.00, a PE ratio of 33.39, a price-to-earnings-growth ratio of 2.07 and a beta of 0.83.
Fiserv (NASDAQ:FISV) last issued its earnings results on Wednesday, February 7th. The business services provider reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.03. Fiserv had a return on equity of 44.58% and a net margin of 21.88%. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the company posted $1.16 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. equities research analysts forecast that Fiserv will post 6.23 EPS for the current fiscal year.
In other Fiserv news, insider Byron C. Vielehr sold 10,000 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the sale, the insider now owns 19,719 shares of the company’s stock, valued at $2,583,780.57. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Denis Oleary sold 12,160 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $142.64, for a total transaction of $1,734,502.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 73,160 shares of company stock valued at $10,037,582. Company insiders own 1.80% of the company’s stock.
Several institutional investors have recently modified their holdings of the stock. Virtue Capital Management LLC bought a new stake in Fiserv in the 4th quarter worth about $116,000. ARK Investment Management LLC bought a new position in Fiserv in the 4th quarter worth approximately $118,000. Coastline Trust Co bought a new position in Fiserv in the 3rd quarter worth approximately $202,000. Univest Corp of Pennsylvania purchased a new stake in shares of Fiserv during the 4th quarter valued at $202,000. Finally, Biltmore Family Office LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $203,000. 88.51% of the stock is currently owned by institutional investors.
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Fiserv Company Profile
Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.
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