Lloyd Advisory Services LLC. Purchases New Stake in Fiserv, Inc. $FI

Key Points

• Lloyd Advisory Services LLC has acquired a new position in Fiserv, Inc., purchasing 1,936 shares valued at approximately $334,000 during the second quarter.
• Fiserv reported a positive earnings result for the quarter ending July 23rd, with an EPS of $2.47, and set its FY 2025 EPS guidance between 10.150-10.30.
• Numerous hedge funds have recently modified their holdings in Fiserv, with institutional investors now owning 90.98% of the company’s stock.

Lloyd Advisory Services LLC. purchased a new position in Fiserv, Inc. (NYSE:FI - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,936 shares of the business services provider's stock, valued at approximately $334,000.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its position in Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider's stock worth $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC lifted its holdings in Fiserv by 5.3% during 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. Park Square Financial Group LLC purchased a new stake in Fiserv during the fourth quarter valued at about $28,000. Centaurus Financial Inc. lifted its holdings in Fiserv by 6.8% during the fourth quarter. Centaurus Financial Inc. now owns 2,588 shares of the business services provider's stock valued at $532,000 after purchasing an additional 164 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in Fiserv by 146.4% during the first quarter. Versant Capital Management Inc now owns 1,503 shares of the business services provider's stock valued at $332,000 after purchasing an additional 893 shares during the last quarter. Institutional investors own 90.98% of the company's stock.

Fiserv Price Performance

Shares of FI opened at $129.55 on Friday. The company has a market capitalization of $70.42 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09. The firm has a 50 day moving average of $136.95 and a 200 day moving average of $168.65. Fiserv, Inc. has a twelve month low of $128.08 and a twelve month high of $238.59.

Fiserv (NYSE:FI - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $2.47 EPS for the quarter, beating the consensus estimate of $2.43 by $0.04. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The business had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.20 billion. During the same period last year, the business posted $2.13 EPS. The company'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. As a group, equities research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FI. Robert W. Baird reduced their price objective on shares of Fiserv from $225.00 to $185.00 and set an "outperform" rating for the company in a research note on Thursday, July 24th. JPMorgan Chase & Co. cut 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. Truist Financial upped their price target on Fiserv from $181.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. KeyCorp cut their price target on shares of Fiserv from $250.00 to $200.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Finally, UBS Group lowered their target price on Fiserv from $225.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $207.36.

Fiserv Company 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.

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