Woodstock Corp Acquires 2,325 Shares of Fiserv, Inc. $FI

Key Points

• Woodstock Corp has increased its stake in Fiserv, Inc. by 3.3%, acquiring an additional 2,325 shares, bringing its total ownership to 71,994 shares valued at approximately $12.4 million.
• Fiserv recently reported earnings per share (EPS) of $2.47 for the last quarter, exceeding analyst expectations and marking an 8% revenue increase year-over-year, with projected FY 2025 EPS guidance set between 10.150-10.30.
• Wall Street analysts show mixed sentiment on Fiserv, with recent price targets ranging from $165 to $225, reflecting an average consensus rating of "Moderate Buy" and a price target of approximately $207.36.

Woodstock Corp increased its position in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,994 shares of the business services provider's stock after purchasing an additional 2,325 shares during the period. Fiserv comprises about 1.1% of Woodstock Corp's investment portfolio, making the stock its 26th largest position. Woodstock Corp's holdings in Fiserv were worth $12,412,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Vega Investment Solutions bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $25,000. Activest Wealth Management increased 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 valued at $29,000 after purchasing an additional 126 shares during the period. Park Square Financial Group LLC bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $28,000. Abound Financial LLC bought a new stake in shares of Fiserv during the first quarter valued at approximately $38,000. Finally, Saudi Central Bank bought a new stake in shares of Fiserv during the first quarter valued at approximately $49,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

Fiserv stock opened at $132.75 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $72.16 billion, a P/E ratio of 22.16, a P/E/G ratio of 0.87 and a beta of 0.94. The business's fifty day moving average is $143.49 and its two-hundred day moving average is $173.63. Fiserv, Inc. has a 52 week low of $128.22 and a 52 week 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 EPS for the quarter, topping analysts' consensus estimates of $2.43 by $0.04. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.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 previous year, the firm earned $2.13 earnings per share. The business's revenue was up 8.0% on a year-over-year basis. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. Equities research analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on FI shares. UBS Group lowered their price objective on Fiserv from $225.00 to $170.00 and set a "buy" rating on the stock in a research report on Friday, July 25th. Wall Street Zen cut Fiserv from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. KeyCorp lowered their price target on Fiserv from $250.00 to $200.00 and set an "overweight" rating on the stock in a research report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft began coverage on Fiserv in a research report on Thursday, July 17th. They issued a "buy" rating and a $200.00 price target on the stock. Finally, Mizuho lowered their price target on Fiserv from $194.00 to $165.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average 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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