FISV has been the topic of a number of other research reports. Royal Bank of Canada set a $106.00 target price on shares of Fiserv and gave the stock a buy rating in a research report on Friday, July 26th. Raymond James began coverage on shares of Fiserv in a research report on Friday, June 21st. They set an outperform rating and a $103.00 target price on the stock. Zacks Investment Research lowered shares of Fiserv from a buy rating to a hold rating in a research report on Thursday, May 2nd. Moffett Nathanson began coverage on shares of Fiserv in a research report on Tuesday, May 21st. They set a buy rating and a $108.00 target price on the stock. Finally, Oppenheimer raised their target price on shares of Fiserv from $97.00 to $105.00 and gave the stock an outperform rating in a research report on Wednesday, June 12th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of $97.75.
Shares of NASDAQ FISV opened at $100.45 on Friday. Fiserv has a 1 year low of $68.45 and a 1 year high of $107.06. The stock’s 50 day moving average price is $95.42. The firm has a market capitalization of $40.99 billion, a price-to-earnings ratio of 32.10, a P/E/G ratio of 2.31 and a beta of 0.80. The company has a debt-to-equity ratio of 5.40, a quick ratio of 4.97 and a current ratio of 4.97.
In related news, insider Jeffery W. Yabuki sold 20,000 shares of Fiserv stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $85.49, for a total transaction of $1,709,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffery W. Yabuki sold 2,000 shares of Fiserv stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $88.95, for a total transaction of $177,900.00. Following the transaction, the insider now owns 371,429 shares in the company, valued at approximately $33,038,609.55. The disclosure for this sale can be found here. In the last quarter, insiders sold 82,000 shares of company stock worth $7,621,300. 1.40% of the stock is owned by company insiders.
Several large investors have recently bought and sold shares of FISV. Bremer Bank National Association acquired a new position in shares of Fiserv during the 1st quarter valued at $25,000. Advantage Investment Management LLC lifted its holdings in shares of Fiserv by 126.4% during the 2nd quarter. Advantage Investment Management LLC now owns 335 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 187 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Fiserv by 523.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 374 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 314 shares in the last quarter. Oakworth Capital Inc. acquired a new position in shares of Fiserv during the 2nd quarter valued at $36,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Fiserv by 74.4% during the 1st quarter. Parkside Financial Bank & Trust now owns 464 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 87.39% of the company’s stock.
Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; Internet and mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.
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