Fiserv Sees Unusually High Options Volume (NASDAQ:FISV)

Fiserv, Inc. (NASDAQ:FISVGet Free Report) was the target of some unusual options trading on Tuesday. Investors bought 38,371 put options on the stock. This is an increase of approximately 70% compared to the average volume of 22,593 put options.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on FISV. Citigroup reiterated a “neutral” rating and set a $68.00 price objective (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Mizuho reduced their target price on shares of Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a research note on Monday, December 22nd. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. BNP Paribas Exane lifted their price target on shares of Fiserv from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th. Finally, UBS Group reduced their price target on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Ten research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv currently has an average rating of “Hold” and a consensus target price of $109.74.

Check Out Our Latest Analysis on FISV

Fiserv Price Performance

Shares of FISV stock traded up $1.45 during trading hours on Tuesday, reaching $59.02. 2,153,274 shares of the company were exchanged, compared to its average volume of 8,778,063. Fiserv has a fifty-two week low of $55.87 and a fifty-two week high of $227.00. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s fifty day moving average is $62.96 and its two-hundred day moving average is $83.79. The company has a market cap of $31.56 billion, a price-to-earnings ratio of 9.31, a P/E/G ratio of 1.75 and a beta of 0.76.

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

Institutional Investors Weigh In On Fiserv

A number of institutional investors and hedge funds have recently made changes to their positions in FISV. Vanguard Group Inc. bought a new position in Fiserv in the fourth quarter valued at about $3,507,063,000. Dodge & Cox acquired a new stake in Fiserv in the fourth quarter worth about $3,323,210,000. State Street Corp bought a new stake in Fiserv during the 4th quarter worth about $1,588,663,000. Geode Capital Management LLC acquired a new position in Fiserv during the 4th quarter valued at about $854,215,000. Finally, Amundi bought a new position in shares of Fiserv in the 4th quarter valued at about $825,819,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.