Soros Capital Management LLC Has $3.33 Million Stock Holdings in Fiserv, Inc. $FI

Key Points

• Soros Capital Management LLC reduced its stake in Fiserv, Inc. by 66.1%, selling 29,432 shares, leaving them with 15,090 shares valued at $3.33 million.
• In addition to Soros, multiple institutional investors increased their holdings in Fiserv, with 90.98% of the stock owned by institutional investors and hedge funds.
• Fiserv reported its earnings with an EPS of $2.47, slightly surpassing consensus estimates, and has set a FY 2025 guidance of 10.150-10.30 EPS.

Soros Capital Management LLC lessened its holdings in Fiserv, Inc. (NYSE:FI - Free Report) by 66.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,090 shares of the business services provider's stock after selling 29,432 shares during the period. Fiserv comprises approximately 0.9% of Soros Capital Management LLC's portfolio, making the stock its 29th biggest position. Soros Capital Management LLC's holdings in Fiserv were worth $3,332,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FI. Brighton Jones LLC boosted its holdings in shares of Fiserv by 91.9% during the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider's stock worth $872,000 after purchasing an additional 2,033 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Fiserv by 1.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,862 shares of the business services provider's stock valued at $794,000 after buying an additional 44 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of Fiserv by 19.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 17,289 shares of the business services provider's stock valued at $3,551,000 after buying an additional 2,870 shares during the last quarter. Quarry LP grew its stake in shares of Fiserv by 51.9% in the 4th quarter. Quarry LP now owns 205 shares of the business services provider's stock valued at $42,000 after buying an additional 70 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in Fiserv by 19.5% in the fourth quarter. Northern Trust Corp now owns 6,206,720 shares of the business services provider's stock worth $1,274,984,000 after buying an additional 1,014,126 shares during the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FI. KeyCorp reduced their target price on shares of Fiserv from $250.00 to $200.00 and set an "overweight" rating for the company in a research note on Thursday, July 24th. Robert W. Baird decreased their price objective on shares of Fiserv from $225.00 to $185.00 and set an "outperform" rating for the company in a report on Thursday, July 24th. Stephens decreased their price objective on shares of Fiserv from $240.00 to $180.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Keefe, Bruyette & Woods decreased their price objective on shares of Fiserv from $240.00 to $200.00 and set an "outperform" rating for the company in a report on Wednesday, May 21st. Finally, The Goldman Sachs Group decreased their price objective on shares of Fiserv from $223.00 to $194.00 and set a "buy" rating for the company in a report on Monday, May 19th. One investment 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Fiserv has a consensus rating of "Moderate Buy" and an average price target of $207.36.

Fiserv Stock Performance

FI stock traded up $0.44 during mid-day trading on Friday, reaching $138.09. 3,760,057 shares of the stock traded hands, compared to its average volume of 4,441,063. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09. Fiserv, Inc. has a 52 week low of $128.22 and a 52 week high of $238.59. The business has a 50-day moving average of $152.21 and a two-hundred day moving average of $182.43. The firm has a market capitalization of $75.07 billion, a PE ratio of 23.05, a P/E/G ratio of 0.90 and a beta of 0.91.

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

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.