2 weeks Ago By Defense World Staff
Brandes Investment Partners LP grew its holdings in shares of Fiserv, Inc. ( NYSE:FI – Free Report ) by 10.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC.
The firm owned 1,213,309 shares of the business services provider’s stock after buying an additional 113,193 shares during the period. Fiserv accounts for 2.2% of Brandes Investment Partners LP’s portfolio, making the stock its 7th biggest position.
Brandes Investment Partners LP owned approximately 0.21% of Fiserv worth $180,835,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also bought and sold shares of FI.
Aveo Capital Partners LLC bought a new position in Fiserv during the 4th quarter valued at approximately $309,000. 9258 Wealth Management LLC bought a new stake in shares of Fiserv in the fourth quarter worth approximately $552,000. Scotia Capital Inc.
bought a new position in Fiserv during the fourth quarter valued at approximately $1,046,000. Bank of Nova Scotia purchased a new stake in Fiserv in the fourth quarter worth approximately $24,446,000. Finally, Tradition Wealth Management LLC bought a new stake in Fiserv in the 4th quarter worth approximately $54,000.
90.98% of the stock is currently owned by hedge funds and other institutional investors. Fiserv Stock Up 0.
6 % NYSE FI opened at $178.38 on Monday. The stock has a 50 day moving average price of $168.
33 and a 200-day moving average price of $157.79. Fiserv, Inc.
has a one year low of $109.11 and a one year high of $179.53.
The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.06 and a current ratio of 1.
06. The company has a market capitalization of $104.37 billion, a P/E ratio of 33.
34, a P/E/G ratio of 1.45 and a beta of 0.93.
Insider Activity In other Fiserv news, CEO Frank Bisignano sold 145,000 shares of Fiserv stock in a transaction on Friday, September 20th. The shares were sold at an average price of $177.37, for a total transaction of $25,718,650.
00. Following the completion of the transaction, the chief executive officer now directly owns 2,965,084 shares of the company’s stock, valued at $525,916,949.08.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . In other Fiserv news, CEO Frank Bisignano sold 145,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $177.
37, for a total transaction of $25,718,650.00. Following the completion of the transaction, the chief executive officer now owns 2,965,084 shares in the company, valued at $525,916,949.
08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, COO Guy Chiarello sold 24,000 shares of the business’s stock in a transaction on Thursday, August 15th.
The shares were sold at an average price of $164.97, for a total value of $3,959,280.00.
Following the transaction, the chief operating officer now owns 163,699 shares of the company’s stock, valued at approximately $27,005,424.03. The disclosure for this sale can be found here .
Insiders sold 211,890 shares of company stock valued at $36,572,057 in the last ninety days. Insiders own 0.75% of the company’s stock.
Wall Street Analyst Weigh In Several research firms have recently weighed in on FI. TD Cowen increased their price target on Fiserv from $175.00 to $182.
00 and gave the company a “buy” rating in a report on Thursday, July 25th. Citigroup raised Fiserv to a “strong-buy” rating in a report on Thursday, July 25th. Royal Bank of Canada boosted their price target on Fiserv from $180.
00 to $183.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. StockNews.
com upgraded shares of Fiserv from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets boosted their target price on shares of Fiserv from $168.00 to $175.
00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Five analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $174.88. Get Our Latest Research Report on FI Fiserv Company Profile ( Free Report ) 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. Read More Five stocks we like better than Fiserv What Are Dividend Contenders? Investing in Dividend Contenders 3 Bargain Stocks Under $20 With Major Growth Potential How to Effectively Use the MarketBeat Ratings Screener Top 5 ETFs to Own Now and Into 2025 Why Understanding Call Option Volume is Essential to Successful Options Trading Watch These 3 Former Short-Squeeze Stocks for a Big Rally 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 .
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