North Dakota State Investment Board bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,549 shares of the business services provider’s stock, valued at approximately $1,246,000.
Several other large investors have also bought and sold shares of the stock. Stonebridge Capital Advisors LLC raised its position in Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares during the last quarter. Bison Wealth LLC raised its position in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the last quarter. Cornerstone Planning Group LLC raised its position in Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after purchasing an additional 158 shares during the last quarter. Twin City Private Wealth LLC raised its position in Fiserv by 5.0% during the 3rd quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after purchasing an additional 170 shares during the last quarter. Finally, ROI Financial Advisors LLC raised its position in Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after purchasing an additional 175 shares during the last quarter. 90.98% of the stock is owned by institutional investors.
Fiserv Stock Performance
FISV stock opened at $56.03 on Wednesday. The stock has a 50-day moving average price of $57.86 and a 200-day moving average price of $62.07. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market cap of $29.88 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.84.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on FISV shares. Deutsche Bank Aktiengesellschaft lowered their target price on Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Cantor Fitzgerald lowered their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Keefe, Bruyette & Woods lowered their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Finally, UBS Group set a $65.00 price objective on Fiserv and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $82.97.
Get Our Latest Stock Analysis on FISV
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.
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