Stock Traders Buy High Volume of Fiserv Put Options (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISV) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 38,371 put options on the company. This is an increase of approximately 70% compared to the average daily volume of 22,593 put options.

Wall Street Analysts Forecast Growth

FISV has been the subject of several recent research reports. Citigroup reissued a “neutral” rating and issued a $68.00 price target (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Morgan Stanley set a $64.00 price target on shares of Fiserv in a research note on Wednesday, February 11th. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. TD Cowen reiterated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Finally, Stephens cut their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average target price of $109.74.

Fiserv Stock Performance

FISV traded up $1.45 during trading on Tuesday, hitting $59.02. The stock had a trading volume of 2,153,274 shares, compared to its average volume of 8,778,063. The firm has a market cap of $31.56 billion, a PE ratio of 9.31, a P/E/G ratio of 1.75 and a beta of 0.76. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv has a 12 month low of $55.87 and a 12 month high of $227.00. The company has a 50 day simple moving average of $62.96 and a 200-day simple moving average of $83.79.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts expect that Fiserv will post 10.23 EPS for the current year.

Institutional Investors Weigh In On Fiserv

Several hedge funds have recently modified their holdings of FISV. FUKOKU MUTUAL LIFE INSURANCE Co increased its stake in Fiserv by 236.6% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider’s stock valued at $1,386,000 after acquiring an additional 5,649 shares during the period. Nordea Investment Management AB lifted its stake in Fiserv by 4.1% during the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after purchasing an additional 78,220 shares during the period. Investment Management Corp of Ontario boosted its holdings in Fiserv by 115.3% during the second quarter. Investment Management Corp of Ontario now owns 50,609 shares of the business services provider’s stock valued at $8,725,000 after purchasing an additional 27,107 shares in the last quarter. Swiss National Bank boosted its holdings in Fiserv by 5.4% during the second quarter. Swiss National Bank now owns 1,690,886 shares of the business services provider’s stock valued at $291,526,000 after purchasing an additional 86,300 shares in the last quarter. Finally, AGF Management Ltd. grew its stake in shares of Fiserv by 55.4% in the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock valued at $25,080,000 after purchasing an additional 69,383 shares during the period. 90.98% of the stock is owned by institutional investors.

Fiserv Company 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.