Bleakley Monetary Group LLC grew its holdings in shares of Fiserv, Inc. (NYSE:FI – Free Report) by 2.9% within the third quarter, HoldingsChannel.com stories. The institutional investor owned 18,928 shares of the enterprise providers supplier’s inventory after buying an extra 529 shares in the course of the interval. Bleakley Monetary Group LLC’s holdings in Fiserv have been value $3,400,000 as of its most up-to-date SEC submitting.
Different hedge funds have additionally made adjustments to their positions within the firm. Wellington Shields & Co. LLC purchased a brand new stake in Fiserv within the first quarter valued at about $25,000. Household Agency Inc. acquired a brand new place in shares of Fiserv within the 2nd quarter value roughly $31,000. Clear Yield Group raised its place in shares of Fiserv by 431.3% in the course of the third quarter. Clear Yield Group now owns 170 shares of the enterprise providers supplier’s inventory valued at $31,000 after buying an extra 138 shares within the final quarter. ZRC Wealth Administration LLC purchased a brand new place in Fiserv in the course of the first quarter value $32,000. Lastly, Cedar Mountain Advisors LLC boosted its holdings in Fiserv by 42.5% within the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the enterprise providers supplier’s inventory value $34,000 after buying an extra 57 shares in the course of the interval. Institutional traders and hedge funds personal 90.98% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
Various analysis corporations have not too long ago issued stories on FI. B. Riley raised their worth goal on shares of Fiserv from $180.00 to $185.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, July twenty fifth. TD Cowen lifted their goal worth on Fiserv from $182.00 to $200.00 and gave the corporate a “purchase” ranking in a analysis observe on Wednesday, October 2nd. StockNews.com raised Fiserv from a “maintain” ranking to a “purchase” ranking in a report on Thursday, September twenty sixth. Susquehanna raised their worth goal on Fiserv from $190.00 to $230.00 and gave the inventory a “constructive” ranking in a report on Friday. Lastly, Citigroup upgraded Fiserv to a “strong-buy” ranking in a analysis observe on Thursday, July twenty fifth. Three analysis analysts have rated the inventory with a maintain ranking, twenty-two have issued a purchase ranking and two have issued a robust purchase ranking to the corporate. In response to MarketBeat.com, the corporate at the moment has a consensus ranking of “Reasonable Purchase” and a mean goal worth of $187.92.
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Fiserv Worth Efficiency
NYSE:FI opened at $197.30 on Friday. Fiserv, Inc. has a 52-week low of $109.11 and a 52-week excessive of $198.86. The corporate has a fast ratio of 1.06, a present ratio of 1.06 and a debt-to-equity ratio of 0.85. The agency has a market cap of $115.44 billion, a P/E ratio of 36.88, a PEG ratio of 1.44 and a beta of 0.93. The enterprise’s 50-day shifting common worth is $177.05 and its 200 day shifting common worth is $161.16.
Fiserv (NYSE:FI – Get Free Report) final launched its earnings outcomes on Wednesday, July twenty fourth. The enterprise providers supplier reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.03. The enterprise had income of $5.11 billion for the quarter, in comparison with the consensus estimate of $4.81 billion. Fiserv had a internet margin of 17.45% and a return on fairness of 16.41%. The enterprise’s income for the quarter was up 7.4% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the agency earned $1.81 EPS. As a bunch, sell-side analysts predict that Fiserv, Inc. will submit 8.74 earnings per share for the present fiscal 12 months.
Insider Exercise
In associated information, EVP John Gibbons offered 18,890 shares of Fiserv inventory in a transaction on Wednesday, August twenty first. The inventory was offered at a mean worth of $168.21, for a complete worth of $3,177,486.90. Following the transaction, the chief vp now straight owns 28,323 shares within the firm, valued at $4,764,211.83. The commerce was a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is out there via this hyperlink. In different Fiserv information, EVP John Gibbons offered 18,890 shares of the agency’s inventory in a transaction dated Wednesday, August twenty first. The shares have been offered at a mean worth of $168.21, for a complete worth of $3,177,486.90. Following the completion of the transaction, the chief vp now straight owns 28,323 shares within the firm, valued at $4,764,211.83. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the SEC, which is out there via this hyperlink. Additionally, CEO Frank Bisignano offered 145,000 shares of Fiserv inventory in a transaction that occurred on Friday, September twentieth. The inventory was offered at a mean worth of $177.37, for a complete transaction of $25,718,650.00. Following the completion of the transaction, the chief government officer now straight owns 2,965,084 shares within the firm, valued at roughly $525,916,949.08. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders offered 187,890 shares of firm inventory value $32,855,417. Insiders personal 0.75% of the corporate’s inventory.
About Fiserv
Fiserv, Inc, along with its subsidiaries, gives funds and monetary providers know-how providers in the USA, Europe, the Center East and Africa, Latin America, the Asia-Pacific, and internationally. It operates via Service provider Acceptance, Monetary Expertise, and Funds and Community segments.
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