Fiserv Inc. (NASDAQ:FISV) has been given an average recommendation of “Hold” by the seventeen analysts that are covering the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $105.15.

A number of analysts recently issued reports on the stock. Jefferies Group restated a “buy” rating and issued a $121.00 price target on shares of Fiserv in a research note on Monday, September 26th. Barclays PLC lifted their price target on shares of Fiserv from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 3rd. Zacks Investment Research lowered shares of Fiserv from a “buy” rating to a “hold” rating in a research note on Monday, August 8th. Credit Suisse Group AG restated a “hold” rating and issued a $101.00 price target on shares of Fiserv in a research note on Wednesday, August 3rd. Finally, JPMorgan Chase & Co. restated a “hold” rating and issued a $112.00 price target on shares of Fiserv in a research note on Wednesday, August 3rd.

In related news, insider Rahul Gupta sold 15,225 shares of the company’s stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $101.02, for a total value of $1,538,029.50. Following the completion of the sale, the insider now owns 66,129 shares of the company’s stock, valued at $6,680,351.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffery W. Yabuki sold 12,000 shares of the company’s stock in a transaction dated Wednesday, August 17th. The stock was sold at an average price of $101.84, for a total transaction of $1,222,080.00. Following the completion of the sale, the insider now directly owns 336,994 shares of the company’s stock, valued at approximately $34,319,468.96. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in shares of Fiserv by 6.0% in the first quarter. Wellington Management Group LLP now owns 2,244,674 shares of the company’s stock worth $230,259,000 after buying an additional 126,992 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of Fiserv during the second quarter worth $36,230,000. Adage Capital Partners GP L.L.C. increased its stake in shares of Fiserv by 42.9% in the first quarter. Adage Capital Partners GP L.L.C. now owns 486,150 shares of the company’s stock worth $49,869,000 after buying an additional 145,900 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Fiserv by 65.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,448 shares of the company’s stock worth $2,306,000 after buying an additional 8,874 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. increased its stake in shares of Fiserv by 1.0% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 190,178 shares of the company’s stock worth $20,678,000 after buying an additional 1,817 shares during the last quarter. 87.25% of the stock is owned by institutional investors and hedge funds.

Fiserv (NASDAQ:FISV) traded up 0.50% during mid-day trading on Friday, hitting $100.23. 504,817 shares of the stock traded hands. The stock has a 50-day moving average of $100.97 and a 200 day moving average of $103.58. The firm has a market cap of $22.03 billion, a price-to-earnings ratio of 25.45 and a beta of 0.91. Fiserv has a 1-year low of $85.63 and a 1-year high of $111.51.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, August 2nd. The company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01. Fiserv had a net margin of 16.89% and a return on equity of 35.52%. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the company posted $0.95 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, equities analysts expect that Fiserv will post $4.44 EPS for the current year.

About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company operates through two segments: Payments and Industry Products (Payments) and Financial Institution Services (Financial). The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services.

5 Day Chart for NASDAQ:FISV

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