Gotham Asset Management LLC Has $16.49 Million Position in Fiserv, Inc. $FI

Key Points

• Gotham Asset Management LLC increased its stake in Fiserv, Inc. by 5.4% in Q1, now holding 74,674 shares valued at approximately $16.49 million.
• Analysts have mixed forecasts for Fiserv, with price targets ranging from $180.00 to $250.00, reflecting an overall average target price of $207.36.
• Fiserv reported Q2 earnings of $2.47 per share, surpassing estimates, and projected a FY 2025 guidance of $10.15 to $10.30 EPS.

Gotham Asset Management LLC grew its holdings in Fiserv, Inc. (NYSE:FI - Free Report) by 5.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,674 shares of the business services provider's stock after acquiring an additional 3,809 shares during the quarter. Gotham Asset Management LLC's holdings in Fiserv were worth $16,490,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vega Investment Solutions bought a new stake in shares of Fiserv in the fourth quarter worth about $25,000. Park Square Financial Group LLC bought a new stake in shares of Fiserv in the fourth quarter worth about $28,000. Activest Wealth Management boosted its position in shares of Fiserv by 3,150.0% during the first quarter. Activest Wealth Management now owns 130 shares of the business services provider's stock worth $29,000 after buying an additional 126 shares during the period. Abound Financial LLC acquired a new position in shares of Fiserv during the first quarter worth about $38,000. Finally, Saudi Central Bank acquired a new position in shares of Fiserv during the first quarter worth about $49,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Performance

NYSE:FI traded up $1.01 on Tuesday, hitting $136.22. The company's stock had a trading volume of 4,123,148 shares, compared to its average volume of 4,433,706. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. The stock has a fifty day moving average of $147.46 and a two-hundred day moving average of $177.06. The firm has a market capitalization of $74.05 billion, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 0.88 and a beta of 0.94. Fiserv, Inc. has a one year low of $128.22 and a one year high of $238.59.

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

Analyst Ratings Changes

FI has been the subject of several recent research reports. Barclays set a $175.00 price objective on Fiserv and gave the stock an "overweight" rating in a research report on Monday, July 28th. Wall Street Zen cut Fiserv from a "buy" rating to a "hold" rating in a research report on Friday. Tigress Financial upped their price objective on Fiserv from $244.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Stephens reduced their price objective on Fiserv from $240.00 to $180.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Finally, Keefe, Bruyette & Woods reduced their price objective on Fiserv from $240.00 to $200.00 and set an "outperform" rating for the company in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.