Fiserv Inc. (NASDAQ:FISV)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $111.41 and last traded at $110.07, with a volume of 362,832 shares trading hands. The stock had previously closed at $110.30.

Several research firms have weighed in on FISV. Robert W. Baird restated a “hold” rating on shares of Fiserv in a report on Friday, May 6th. Zacks Investment Research lowered Fiserv from a “buy” rating to a “hold” rating in a research note on Monday. Barclays PLC lifted their price objective on Fiserv from $93.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 7th. Sterne Agee CRT reiterated a “buy” rating on shares of Fiserv in a research note on Monday, May 16th. Finally, Argus upgraded Fiserv from a “hold” rating to a “buy” rating and set a $114.00 price objective on the stock in a research note on Monday, May 9th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $100.80.

The company has a market cap of $24.58 billion and a P/E ratio of 31.45. The firm’s 50 day moving average price is $106.53 and its 200-day moving average price is $99.42.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Thursday, May 5th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.04. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business posted $0.89 EPS. Fiserv’s revenue was up 4.4% on a year-over-year basis. On average, analysts predict that Fiserv Inc. will post $4.43 EPS for the current fiscal year.

In other news, Director Daniel P. Kearney sold 11,220 shares of the firm’s stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $105.31, for a total transaction of $1,181,578.20. Following the completion of the transaction, the director now owns 24,596 shares of the company’s stock, valued at $2,590,204.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven Tait sold 25,538 shares of the firm’s stock in a transaction on Thursday, June 16th. The shares were sold at an average price of $105.68, for a total transaction of $2,698,855.84. Following the transaction, the insider now directly owns 45,622 shares of the company’s stock, valued at approximately $4,821,332.96. The disclosure for this sale can be found here.

Several institutional investors have added to or reduced their stakes in FISV. Strs Ohio increased its position in Fiserv by 0.8% in the fourth quarter. Strs Ohio now owns 16,591 shares of the company’s stock valued at $1,517,000 after buying an additional 124 shares during the last quarter. Advantus Capital Management Inc increased its position in shares of Fiserv by 0.8% in the fourth quarter. Advantus Capital Management Inc now owns 22,205 shares of the company’s stock worth $2,031,000 after buying an additional 169 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in shares of Fiserv by 1.4% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 15,584 shares of the company’s stock worth $1,425,000 after buying an additional 209 shares in the last quarter. Gulf International Bank UK Ltd increased its position in shares of Fiserv by 0.6% in the fourth quarter. Gulf International Bank UK Ltd now owns 69,688 shares of the company’s stock worth $6,374,000 after buying an additional 400 shares in the last quarter. Finally, I.G. Investment Management LTD. increased its position in shares of Fiserv by 2.8% in the fourth quarter. I.G. Investment Management LTD. now owns 16,017 shares of the company’s stock worth $1,465,000 after buying an additional 442 shares in the last quarter.

Fiserv, Inc is a provider of financial services technology. The Company operates through two segments: Payments and Industry Products (Payments) and Financial Institution Services (Financial). The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services.

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