Graham Capital Management L.P. Makes New $3.26 Million Investment in Fiserv, Inc. $FI

Key Points

• Graham Capital Management L.P. has acquired 14,739 shares of Fiserv, Inc. valued at approximately $3.26 million in the first quarter, indicating increasing institutional interest in the company.
• Analysts have mixed views on Fiserv's stock, with price targets ranging from $165 to $240 and a consensus rating of "Moderate Buy."
• Fiserv reported a quarterly EPS of $2.47, beating expectations and showing an 8% year-over-year revenue growth, with guidance for FY 2025 set at 10.150-10.30 EPS.

Graham Capital Management L.P. purchased a new stake in shares of Fiserv, Inc. (NYSE:FI - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 14,739 shares of the business services provider's stock, valued at approximately $3,255,000.

A number of other hedge funds have also bought and sold shares of FI. Cura Wealth Advisors LLC bought a new position in Fiserv during the first quarter worth $359,000. Saudi Central Bank bought a new position in Fiserv during the first quarter worth $49,000. Twin Tree Management LP bought a new position in Fiserv during the first quarter worth $1,889,000. Benchmark Investment Advisors LLC raised its stake in Fiserv by 13.2% during the first quarter. Benchmark Investment Advisors LLC now owns 13,468 shares of the business services provider's stock worth $2,974,000 after buying an additional 1,570 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. raised its stake in Fiserv by 15.8% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 1,501 shares of the business services provider's stock worth $331,000 after buying an additional 205 shares during the last quarter. Institutional investors own 90.98% of the company's stock.

Fiserv Stock Up 0.1%

Shares of FI traded up $0.10 on Wednesday, reaching $136.88. The company's stock had a trading volume of 3,328,393 shares, compared to its average volume of 4,029,379. 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 twelve month low of $128.22 and a twelve month high of $238.59. The stock has a market capitalization of $74.41 billion, a PE ratio of 22.85, a PEG ratio of 0.90 and a beta of 0.94. The firm has a fifty day moving average of $149.66 and a 200-day moving average of $179.88.

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FI. Wall Street Zen raised shares of Fiserv from a "hold" rating to a "buy" rating in a research note on Saturday, August 23rd. The Goldman Sachs Group lowered their target price on shares of Fiserv from $223.00 to $194.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Tigress Financial lifted their target price on shares of Fiserv from $244.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, May 29th. Truist Financial lifted their target price on shares of Fiserv from $181.00 to $185.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. Finally, Morgan Stanley decreased their price target on shares of Fiserv from $268.00 to $266.00 and set an "overweight" rating for the company in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Fiserv has an average rating of "Moderate Buy" and an average 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.