Fiserv, Inc. $FI is Builder Investment Group Inc. ADV’s 7th Largest Position

Builder Investment Group Inc. ADV lowered its stake in Fiserv, Inc. (NYSE:FI) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,720 shares of the business services provider’s stock after selling 152 shares during the period. Fiserv makes up approximately 2.2% of Builder Investment Group Inc. ADV’s investment portfolio, making the stock its 7th biggest position. Builder Investment Group Inc. ADV’s holdings in Fiserv were worth $9,089,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Rappaport Reiches Capital Management LLC grew its position in Fiserv by 3.9% in the first quarter. Rappaport Reiches Capital Management LLC now owns 1,275 shares of the business services provider’s stock worth $282,000 after acquiring an additional 48 shares in the last quarter. Adero Partners LLC raised its stake in shares of Fiserv by 2.3% during the first quarter. Adero Partners LLC now owns 2,490 shares of the business services provider’s stock valued at $550,000 after acquiring an additional 55 shares in the last quarter. E Fund Management Co. Ltd. raised its stake in shares of Fiserv by 3.9% during the first quarter. E Fund Management Co. Ltd. now owns 1,463 shares of the business services provider’s stock valued at $323,000 after acquiring an additional 55 shares in the last quarter. Oakworth Capital Inc. raised its stake in shares of Fiserv by 5.6% during the first quarter. Oakworth Capital Inc. now owns 1,065 shares of the business services provider’s stock valued at $235,000 after acquiring an additional 56 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in Fiserv by 6.4% during the first quarter. SBI Securities Co. Ltd. now owns 935 shares of the business services provider’s stock valued at $206,000 after buying an additional 56 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Trading Up 0.7%

Shares of Fiserv stock opened at $129.55 on Friday. The firm has a 50-day simple moving average of $136.95 and a two-hundred day simple moving average of $168.65. The company has a market cap of $70.42 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. Fiserv, Inc. has a fifty-two week low of $128.08 and a fifty-two week high of $238.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.09 and a current ratio of 1.09.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.43 by $0.04. The business had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.20 billion. Fiserv had a net margin of 16.00% and a return on equity of 19.69%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.13 earnings per share. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. As a group, equities analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Fiserv from $210.00 to $190.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. Wall Street Zen raised shares of Fiserv from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Robert W. Baird dropped their price objective on shares of Fiserv from $225.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 24th. Monness Crespi & Hardt raised shares of Fiserv from a “sell” rating to a “neutral” rating in a report on Monday, July 21st. Finally, UBS Group decreased their target price on shares of Fiserv from $225.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $207.36.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.