Coldstream Capital Management Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,288 shares of the business services provider’s stock, valued at approximately $825,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FISV. Brighton Jones LLC raised its position in Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares during the period. Bison Wealth LLC increased its position in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. increased its position in shares of Fiserv by 21.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC purchased a new stake in shares of Fiserv during the second quarter worth $1,001,000. Finally, Gamco Investors INC. ET AL increased its position in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after acquiring an additional 350 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv Stock Performance
Shares of FISV stock opened at $55.62 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a fifty day moving average price of $57.62 and a 200 day moving average price of $61.72. The company has a market cap of $29.66 billion, a P/E ratio of 9.43, a PEG ratio of 1.56 and a beta of 0.84. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $177.36.
Analyst Ratings Changes
FISV has been the topic of a number of recent research reports. Weiss Ratings lowered Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 15th. Susquehanna reaffirmed a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Stephens cut their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 11th. BMO Capital Markets upped their price objective on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 15th. Finally, Tigress Financial reaffirmed a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus price target of $82.97.
Check Out Our Latest Report 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.
Further Reading
- Five stocks we like better than Fiserv
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISV – Free Report).
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.
