Integral Investment Advisors Inc. Acquires 90 Shares of Fiserv, Inc. $FI

Integral Investment Advisors Inc. grew its holdings in Fiserv, Inc. (NYSE:FI) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,405 shares of the business services provider’s stock after acquiring an additional 90 shares during the period. Integral Investment Advisors Inc.’s holdings in Fiserv were worth $1,449,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Activest Wealth Management boosted its holdings in Fiserv by 3,150.0% in the first quarter. Activest Wealth Management now owns 130 shares of the business services provider’s stock worth $29,000 after purchasing an additional 126 shares in the last quarter. Hager Investment Management Services LLC bought a new position in Fiserv during the second quarter valued at about $34,000. Christopher J. Hasenberg Inc lifted its position in shares of Fiserv by 218.5% in the second quarter. Christopher J. Hasenberg Inc now owns 207 shares of the business services provider’s stock worth $36,000 after buying an additional 142 shares during the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of Fiserv by 178.9% in the second quarter. Armstrong Advisory Group Inc. now owns 212 shares of the business services provider’s stock worth $37,000 after buying an additional 136 shares during the last quarter. Finally, Abound Financial LLC bought a new stake in shares of Fiserv during the 1st quarter worth about $38,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Up 0.9%

Shares of FI stock opened at $126.30 on Tuesday. The firm has a market capitalization of $68.66 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 0.83 and a beta of 0.95. Fiserv, Inc. has a 1 year low of $117.84 and a 1 year high of $238.59. The firm’s fifty day simple moving average is $130.79 and its 200 day simple moving average is $154.90. 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 (NYSE:FI) last posted its quarterly earnings results on Tuesday, March 26th. The business services provider reported $1.91 earnings per share (EPS) for the quarter. Fiserv had a net margin of 16.00% and a return on equity of 19.69%. The company had revenue of $4.32 billion for the quarter. As a group, sell-side analysts predict that Fiserv, Inc. will post 10.23 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FI. Truist Financial set a $143.00 price objective on Fiserv and gave the company a “buy” rating in a research note on Friday. UBS Group dropped their price target on shares of Fiserv from $225.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, July 25th. Weiss Ratings restated a “hold (c)” rating on shares of Fiserv in a research note on Wednesday, October 8th. Stephens lowered their target price on shares of Fiserv from $180.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, October 16th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Fiserv from $190.00 to $155.00 and set an “overweight” rating on the stock in a report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $181.89.

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.