EagleClaw Capital Managment LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,935 shares of the business services provider’s stock, valued at approximately $869,000.
Several other hedge funds have also recently modified their holdings of FISV. Intech Investment Management LLC bought a new stake in Fiserv in the fourth quarter worth $29,427,000. Carnegie Lake Advisors LLC bought a new stake in Fiserv in the fourth quarter worth $272,000. Baker Avenue Asset Management LP bought a new stake in Fiserv in the fourth quarter worth $402,000. Godfrey Financial Associates Inc. bought a new stake in Fiserv in the fourth quarter worth $29,000. Finally, Huntington National Bank bought a new stake in Fiserv in the fourth quarter worth $29,337,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv Trading Up 0.4%
FISV stock opened at $55.83 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36. The stock has a market capitalization of $29.77 billion, a price-to-earnings ratio of 9.46, a price-to-earnings-growth ratio of 1.56 and a beta of 0.84. The firm’s fifty day simple moving average is $57.57 and its two-hundred day simple moving average is $61.67.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on FISV shares. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. BNP Paribas Exane reduced their price target on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. UBS Group set a $65.00 price target on shares of Fiserv and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Robert W. Baird set a $78.00 price target on shares of Fiserv in a research report on Wednesday, May 6th. Finally, Rothschild & Co Redburn cut their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Nine investment 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $82.97.
Get Our Latest Stock Analysis on Fiserv
Fiserv Profile
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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