1 week Ago By Defense World Staff
Fiserv, Inc. ( NYSE:FI – Get Free Report ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $182.
35 and traded as high as $207.26. Fiserv shares last traded at $205.
42, with a volume of 1,416,823 shares. Analyst Upgrades and Downgrades A number of equities analysts have recently commented on FI shares. Oppenheimer increased their price target on shares of Fiserv from $214.
00 to $239.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Compass Point started coverage on shares of Fiserv in a report on Wednesday, November 20th.
They issued a “buy” rating and a $278.00 price target on the stock. TD Cowen increased their price target on shares of Fiserv from $200.
00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. KeyCorp increased their price target on shares of Fiserv from $180.
00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. Finally, Robert W.
Baird increased their price target on shares of Fiserv from $186.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, September 23rd.
Three equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.
88. Get Our Latest Analysis on Fiserv Fiserv Stock Performance Fiserv ( NYSE:FI – Get Free Report ) last issued its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $2.
30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.04.
The company had revenue of $5.22 billion during the quarter, compared to analysts’ expectations of $4.90 billion.
Fiserv had a net margin of 15.22% and a return on equity of 17.10%.
Fiserv’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the company posted $1.
96 EPS. On average, research analysts anticipate that Fiserv, Inc. will post 8.
77 earnings per share for the current year. Insiders Place Their Bets In other news, Director Doyle Simons sold 40,000 shares of Fiserv stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $201.
97, for a total value of $8,078,800.00. Following the completion of the sale, the director now directly owns 76,180 shares in the company, valued at $15,386,074.
60. The trade was a 34.43 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the SEC, which is available through this link . Also, Director Heidi Miller sold 30,000 shares of Fiserv stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $201.
13, for a total transaction of $6,033,900.00. Following the completion of the sale, the director now owns 33,235 shares of the company’s stock, valued at $6,684,555.
55. This represents a 47.44 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Over the last ninety days, insiders sold 90,821 shares of company stock valued at $18,581,095. Insiders own 0.
75% of the company’s stock. Institutional Trading of Fiserv Several large investors have recently added to or reduced their stakes in the business. Clean Yield Group lifted its holdings in Fiserv by 431.
3% during the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC lifted its holdings in Fiserv by 42.
5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 57 shares in the last quarter. Kennebec Savings Bank purchased a new position in Fiserv during the third quarter valued at approximately $40,000.
Northwest Investment Counselors LLC purchased a new position in Fiserv during the third quarter valued at approximately $44,000. Finally, Wolff Wiese Magana LLC lifted its holdings in Fiserv by 904.0% during the third quarter.
Wolff Wiese Magana LLC now owns 251 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 226 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.
Fiserv Company Profile ( Get 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 is a support level? Work and Play: Investing in the Rise of Bleisure Travel What Are Earnings Reports? Top Dividend Stocks to Buy Now as Bond Yields Could Lower What Are Trending Stocks? Trending Stocks Explained SAP: AI Tailwinds Accelerating Enterprise Cloud Business 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.
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