November 25, 2016 - By Clifton Ray · 0 Comments
Fiserv Inc (NASDAQ:FISV) institutional sentiment decreased to 0.78 in Q2 2016. Its down -0.09, from 0.87 in 2016Q1. The ratio is negative, as 284 active investment managers increased or opened new stock positions, while 326 sold and decreased equity positions in Fiserv Inc. The active investment managers in our partner’s database now possess: 188.23 million shares, down from 198.10 million shares in 2016Q1. Also, the number of active investment managers holding Fiserv Inc in their top 10 stock positions was flat from 48 to 48 for the same number . Sold All: 34 Reduced: 292 Increased: 228 New Position: 56.
Fiserv, Inc. is a provider of financial services technology. The company has a market cap of $23.50 billion. The Firm operates through two divisions: Payments and Industry Products and Financial Institution Services (Financial). It has a 26.83 P/E ratio. The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services.
About 176,519 shares traded hands. Fiserv Inc (NASDAQ:FISV) has risen 9.75% since April 22, 2016 and is uptrending. It has outperformed by 4.34% the S&P500.
Analysts await Fiserv Inc (NASDAQ:FISV) to report earnings on February, 7. They expect $1.16 EPS, up 16.00% or $0.16 from last year’s $1 per share. FISV’s profit will be $254.84M for 23.05 P/E if the $1.16 EPS becomes a reality. After $1.14 actual EPS reported by Fiserv Inc for the previous quarter, Wall Street now forecasts 1.75% EPS growth.
According to Zacks Investment Research, “Fiserv, Inc., a Fortune five hundred company, provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing, software and systems solutions.”
Pittenger & Anderson Inc holds 28.56% of its portfolio in Fiserv Inc for 2.38 million shares. Westwood Management Corp Il owns 270,740 shares or 5.6% of their US portfolio. Moreover, Mountain Pacific Investment Advisers Inc Id has 5.51% invested in the company for 441,169 shares. The Washington-based Marshall & Sullivan Inc Wa has invested 5.47% in the stock. Woodley Farra Manion Portfolio Management Inc, a Indiana-based fund reported 322,455 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 1 buying transaction, and 8 sales for $7.66 million net activity.
Ratings analysis reveals 39% of Fiserv’s analysts are positive. Out of 18 Wall Street analysts rating Fiserv, 7 give it “Buy”, 1 “Sell” rating, while 10 recommend “Hold”. The lowest target is $82 while the high is $121. The stock’s average target of $100.92 is -5.66% below today’s ($106.98) share price. FISV was included in 23 notes of analysts from July 30, 2015. JP Morgan maintained it with “Neutral” rating and $95 target price in Friday, August 14 report. On Wednesday, October 28 the stock rating was maintained by Oppenheimer with “Outperform”. Pacific Crest initiated Fiserv Inc (NASDAQ:FISV) on Friday, November 18 with “Sector Weight” rating. The firm has “Outperform” rating by Robert W. Baird given on Friday, October 28. Topeka Capital Markets maintained Fiserv Inc (NASDAQ:FISV) on Wednesday, October 28 with “Hold” rating. The stock of Fiserv Inc (NASDAQ:FISV) has “Perform” rating given on Monday, March 21 by Oppenheimer. As per Thursday, July 30, the company rating was maintained by RBC Capital Markets. The company was upgraded on Tuesday, October 4 by Monness Crespi & Hardt. Barclays Capital maintained the shares of FISV in a report on Thursday, July 30 with “Equal Weight” rating. The stock of Fiserv Inc (NASDAQ:FISV) has “Hold” rating given on Friday, October 7 by Cantor Fitzgerald.
Fiserv, Inc., incorporated on February 19, 1992, is a well-known provider of financial services technology. The Firm provides account processing systems; electronic payments processing services and products, such as electronic bill payment and presentment services, card transaction processing and network services, automated clearing house (ACH) transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management services and products. The Firm operates through two divisions: Payments and Industry Products (Payments) and Financial Institution Services (Financial). The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Financial segment provides banks, thrifts, credit unions, and leasing and finance companies with account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other services and products. The Firm serves banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, merchants, mutual savings banks and building societies.
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By Clifton Ray