Comprehensive Financial Consultants Institutional Inc. Has $2.28 Million Position in Fiserv, Inc. $FI

Comprehensive Financial Consultants Institutional Inc. increased its holdings in shares of Fiserv, Inc. (NYSE:FI) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,197 shares of the business services provider’s stock after acquiring an additional 564 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Fiserv were worth $2,275,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FI. Hunter Perkins Capital Management LLC grew its holdings in Fiserv by 7.4% in the 2nd quarter. Hunter Perkins Capital Management LLC now owns 78,068 shares of the business services provider’s stock valued at $13,460,000 after buying an additional 5,383 shares in the last quarter. Sendero Wealth Management LLC grew its holdings in Fiserv by 18.2% in the 2nd quarter. Sendero Wealth Management LLC now owns 32,161 shares of the business services provider’s stock valued at $5,545,000 after buying an additional 4,955 shares in the last quarter. Knights of Columbus Asset Advisors LLC grew its holdings in Fiserv by 1,009.2% in the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 31,569 shares of the business services provider’s stock valued at $5,443,000 after buying an additional 28,723 shares in the last quarter. Marks Group Wealth Management Inc grew its holdings in Fiserv by 16.2% in the 2nd quarter. Marks Group Wealth Management Inc now owns 49,941 shares of the business services provider’s stock valued at $8,610,000 after buying an additional 6,957 shares in the last quarter. Finally, Running Oak Capital LLC grew its holdings in Fiserv by 27.3% in the 2nd quarter. Running Oak Capital LLC now owns 93,545 shares of the business services provider’s stock valued at $16,128,000 after buying an additional 20,044 shares in the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

FI opened at $127.56 on Monday. The firm has a market cap of $69.34 billion, a P/E ratio of 21.30, a price-to-earnings-growth ratio of 0.83 and a beta of 0.95. Fiserv, Inc. has a 52-week low of $124.89 and a 52-week high of $238.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.09 and a current ratio of 1.09. The business’s fifty day moving average is $134.59 and its 200-day moving average is $164.90.

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

Analysts Set New Price Targets

FI has been the topic of a number of research reports. Jefferies Financial Group decreased their price objective on Fiserv from $140.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, September 29th. UBS Group decreased their price objective on Fiserv from $225.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft began coverage on Fiserv in a report on Thursday, July 17th. They issued a “buy” rating and a $200.00 price objective on the stock. Robert W. Baird reduced their target price on Fiserv from $225.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. reduced their target price on Fiserv from $210.00 to $190.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $205.96.

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.