Coppell Advisory Solutions LLC Sells 230 Shares of Fiserv, Inc. $FI

Coppell Advisory Solutions LLC cut its stake in shares of Fiserv, Inc. (NYSE:FI) by 16.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 1,175 shares of the business services provider’s stock after selling 230 shares during the period. Coppell Advisory Solutions LLC’s holdings in Fiserv were worth $259,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vega Investment Solutions purchased a new stake in shares of Fiserv during the fourth quarter valued at approximately $25,000. Park Square Financial Group LLC purchased a new stake in shares of Fiserv during the fourth quarter valued at approximately $28,000. Activest Wealth Management grew its holdings in shares of Fiserv by 3,150.0% during the first quarter. Activest Wealth Management now owns 130 shares of the business services provider’s stock valued at $29,000 after buying an additional 126 shares during the last quarter. Abound Financial LLC purchased a new stake in shares of Fiserv during the first quarter valued at approximately $38,000. Finally, Saudi Central Bank purchased a new stake in shares of Fiserv during the first quarter valued at approximately $49,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

FI has been the topic of several research analyst reports. KeyCorp lowered their price target on Fiserv from $250.00 to $200.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. JPMorgan Chase & Co. reduced their price objective on Fiserv from $210.00 to $190.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. Mizuho lowered their target price on Fiserv from $194.00 to $165.00 and set an “outperform” rating on the stock in a report on Tuesday, July 29th. Truist Financial boosted their price target on Fiserv from $181.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 17th. Finally, Wall Street Zen lowered shares of Fiserv from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.36.

Fiserv Stock Up 0.7%

FI opened at $136.22 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. Fiserv, Inc. has a 1-year low of $128.22 and a 1-year high of $238.59. The company has a market capitalization of $74.05 billion, a PE ratio of 22.74, a PEG ratio of 0.88 and a beta of 0.94. The firm’s 50 day simple moving average is $146.73 and its two-hundred day simple moving average is $176.77.

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

Fiserv Profile

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.