ORG Wealth Partners LLC Has $109,000 Holdings in Fiserv, Inc. $FI

ORG Wealth Partners LLC lowered its holdings in shares of Fiserv, Inc. (NYSE:FI) by 21.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 631 shares of the business services provider’s stock after selling 168 shares during the quarter. ORG Wealth Partners LLC’s holdings in Fiserv were worth $109,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Activest Wealth Management increased its stake in shares of Fiserv by 3,150.0% in the 1st quarter. Activest Wealth Management now owns 130 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 126 shares in the last quarter. Christopher J. Hasenberg Inc raised its holdings in shares of Fiserv by 218.5% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 207 shares of the business services provider’s stock valued at $36,000 after buying an additional 142 shares during the period. Armstrong Advisory Group Inc. grew its stake in Fiserv by 178.9% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 212 shares of the business services provider’s stock worth $37,000 after buying an additional 136 shares during the last quarter. Abound Financial LLC acquired a new position in shares of Fiserv in the 1st quarter valued at $38,000. Finally, Saudi Central Bank acquired a new stake in Fiserv in the 1st quarter worth approximately $49,000. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on FI shares. Wall Street Zen upgraded shares of Fiserv from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Susquehanna reduced their target price on Fiserv from $240.00 to $220.00 and set a “positive” rating for the company in a research note on Thursday, July 24th. UBS Group dropped their price target on Fiserv from $225.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, July 25th. JPMorgan Chase & Co. cut their price objective on shares of Fiserv from $210.00 to $190.00 and set an “overweight” rating on the stock in a research report on Thursday, July 24th. Finally, KeyCorp dropped their price objective on Fiserv from $250.00 to $200.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Fiserv has a consensus rating of “Moderate Buy” and an average price target of $207.36.

Fiserv Trading Up 0.7%

Shares of NYSE:FI opened at $129.55 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. The company has a market cap of $70.42 billion, a PE ratio of 21.63, a P/E/G ratio of 0.84 and a beta of 0.94. Fiserv, Inc. has a 52 week low of $128.08 and a 52 week high of $238.59. The company’s 50 day moving average is $136.95 and its two-hundred day moving average is $168.36.

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

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.