Barclays PLC grew its holdings in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 116.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,528,906 shares of the business services provider’s stock after buying an additional 1,895,349 shares during the quarter. Barclays PLC’s holdings in Fiserv were worth $454,982,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pinnacle Wealth Management Advisory Group LLC grew its stake in Fiserv by 2.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock valued at $485,000 after purchasing an additional 77 shares in the last quarter. Quadcap Wealth Management LLC raised its stake in shares of Fiserv by 2.1% during the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock worth $672,000 after purchasing an additional 79 shares in the last quarter. Glenview Trust co boosted its holdings in shares of Fiserv by 0.3% in the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock valued at $5,666,000 after buying an additional 85 shares during the last quarter. Smithfield Trust Co grew its stake in shares of Fiserv by 0.9% in the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock valued at $1,685,000 after buying an additional 86 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its stake in shares of Fiserv by 5.1% in the second quarter. TRUE Private Wealth Advisors now owns 1,785 shares of the business services provider’s stock valued at $308,000 after buying an additional 86 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.
Fiserv Price Performance
Shares of NASDAQ FISV opened at $63.86 on Friday. The firm has a market cap of $34.15 billion, a P/E ratio of 10.07, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77. The business’s 50 day moving average is $64.08 and its 200-day moving average is $88.41. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $227.00.
Wall Street Analyst Weigh In
Several analysts have issued reports on FISV shares. Susquehanna reaffirmed a “positive” rating and set a $99.00 price target (down from $220.00) on shares of Fiserv in a research report on Wednesday, November 12th. UBS Group lowered their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. B. Riley Financial dropped their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Compass Point cut their target price on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Mizuho lowered their price target on Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Ten investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $109.74.
Check Out Our Latest Analysis on FISV
About Fiserv
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.
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