UniSuper Management Pty Ltd Has $41.11 Million Stock Position in Fiserv, Inc. $FI

UniSuper Management Pty Ltd lifted its position in shares of Fiserv, Inc. (NYSE:FI) by 45.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,176 shares of the business services provider’s stock after purchasing an additional 57,989 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Fiserv were worth $41,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of FI. Brighton Jones LLC raised its position in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC increased its holdings in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the last quarter. Fiduciary Trust Co increased its holdings in Fiserv by 5.3% in the fourth quarter. Fiduciary Trust Co now owns 29,179 shares of the business services provider’s stock valued at $5,994,000 after purchasing an additional 1,470 shares during the last quarter. Focus Partners Wealth increased its holdings in Fiserv by 6.3% in the fourth quarter. Focus Partners Wealth now owns 41,025 shares of the business services provider’s stock valued at $8,427,000 after purchasing an additional 2,432 shares during the last quarter. Finally, Gen Wealth Partners Inc increased its holdings in shares of Fiserv by 21.5% in the fourth quarter. Gen Wealth Partners Inc now owns 4,154 shares of the business services provider’s stock worth $853,000 after acquiring an additional 734 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Down 0.9%

FI stock opened at $134.96 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $73.36 billion, a P/E ratio of 22.53, a P/E/G ratio of 0.88 and a beta of 0.94. The business has a 50-day moving average of $148.21 and a 200-day moving average of $178.13. Fiserv, Inc. has a fifty-two week low of $128.22 and a fifty-two week high of $238.59.

Fiserv (NYSE:FI) last posted 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. The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.20 billion. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.Fiserv’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 firm earned $2.13 earnings per share. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, sell-side analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FI has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their price target on Fiserv from $210.00 to $190.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Monness Crespi & Hardt raised shares of Fiserv from a “sell” rating to a “neutral” rating in a research note on Monday, July 21st. Wall Street Zen lowered shares of Fiserv from a “buy” rating to a “hold” rating in a research note on Friday. Truist Financial lifted their price target on shares of Fiserv from $181.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Fiserv in a research note on Thursday, July 17th. They issued a “buy” rating and a $200.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $207.36.

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.