Strategic Investment Solutions Inc. IL Takes Position in Fiserv, Inc. $FI

Key Points

• Strategic Investment Solutions Inc. IL has acquired a new stake in Fiserv, Inc., purchasing 2,181 shares valued at approximately $376,000 in Q2.
• Institutional investors and hedge funds own 90.98% of Fiserv's stock, highlighting strong investor confidence in the company.
• Fiserv reported a Q2 earnings per share of $2.47, exceeding analyst estimates of $2.43, and achieved revenue growth of 8.0% year-over-year.

Strategic Investment Solutions Inc. IL acquired a new stake in shares of Fiserv, Inc. (NYSE:FI - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,181 shares of the business services provider's stock, valued at approximately $376,000.

A number of other large investors have also made changes to their positions in FI. Brighton Jones LLC raised its position 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 valued at $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC raised its position in shares of 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 buying an additional 116 shares during the last quarter. Park Square Financial Group LLC acquired a new position in Fiserv in the fourth quarter worth about $28,000. Centaurus Financial Inc. raised its position in Fiserv by 6.8% in the fourth quarter. Centaurus Financial Inc. now owns 2,588 shares of the business services provider's stock worth $532,000 after purchasing an additional 164 shares in the last quarter. Finally, First Financial Bank Trust Division raised its position in Fiserv by 0.5% in the first quarter. First Financial Bank Trust Division now owns 25,298 shares of the business services provider's stock worth $5,587,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

Fiserv Stock Performance

NYSE FI opened at $128.49 on Friday. The firm has a market cap of $69.84 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 0.85 and a beta of 0.94. The company has a 50 day moving average of $137.68 and a 200-day moving average of $169.24. 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 1-year low of $128.08 and a 1-year high of $238.59.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.04. The company 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 company's revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $2.13 earnings per share. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, equities analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FI shares. Tigress Financial increased their price target on shares of Fiserv from $244.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Robert W. Baird dropped their price target on shares of Fiserv from $225.00 to $185.00 and set an "outperform" rating for the company in a research report on Thursday, July 24th. Wall Street Zen raised shares of Fiserv from a "hold" rating to a "buy" rating in a research report on Saturday, September 20th. Barclays set a $175.00 price target on shares of Fiserv and gave the stock an "overweight" rating in a research report on Monday, July 28th. Finally, UBS Group dropped their price target on shares of Fiserv from $225.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, July 25th. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.36.

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.

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