Fiserv, Inc. (NASDAQ:FISV) – Investment analysts at KeyCorp issued their Q3 2017 earnings per share (EPS) estimates for shares of Fiserv in a report issued on Tuesday. KeyCorp analyst A. Ramnani expects that the business services provider will earn $1.33 per share for the quarter. KeyCorp also issued estimates for Fiserv’s Q4 2017 earnings at $1.37 EPS, Q1 2018 earnings at $1.41 EPS, Q2 2018 earnings at $1.45 EPS, Q3 2018 earnings at $1.50 EPS and Q4 2018 earnings at $1.54 EPS.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, August 1st. The business services provider reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by $0.04. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.42 billion. Fiserv had a net margin of 16.04% and a return on equity of 41.79%. Fiserv’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 EPS.

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Several other equities analysts have also recently weighed in on the company. Royal Bank Of Canada reiterated a “hold” rating and set a $123.00 price objective on shares of Fiserv in a report on Friday, April 28th. Zacks Investment Research cut Fiserv from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Credit Suisse Group reiterated a “hold” rating and set a $116.00 price objective on shares of Fiserv in a report on Friday, April 28th. BidaskClub cut Fiserv from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Finally, Cantor Fitzgerald lifted their price objective on Fiserv from $107.00 to $118.00 and gave the company a “neutral” rating in a report on Friday, April 28th. Nine research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $126.91.

Fiserv (NASDAQ FISV) opened at 123.08 on Thursday. The stock has a 50 day moving average price of $124.64 and a 200-day moving average price of $118.43. Fiserv has a one year low of $92.81 and a one year high of $129.35. The firm has a market cap of $26.62 billion, a P/E ratio of 30.13 and a beta of 0.81.

In other Fiserv news, insider Jeffery W. Yabuki sold 17,000 shares of the business’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $126.02, for a total transaction of $2,142,340.00. Following the transaction, the insider now owns 286,151 shares of the company’s stock, valued at approximately $36,060,749.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 51,000 shares of company stock worth $6,339,810 in the last ninety days. Insiders own 1.90% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Pensionfund Sabic bought a new position in Fiserv during the first quarter valued at $1,499,000. Pensionfund DSM Netherlands bought a new position in Fiserv during the first quarter valued at $2,998,000. Park National Corp OH raised its position in Fiserv by 4.1% in the first quarter. Park National Corp OH now owns 6,748 shares of the business services provider’s stock valued at $778,000 after buying an additional 266 shares during the period. Bridges Investment Management Inc. raised its position in Fiserv by 1.2% in the first quarter. Bridges Investment Management Inc. now owns 32,875 shares of the business services provider’s stock valued at $3,791,000 after buying an additional 400 shares during the period. Finally, Bridges Investment Counsel Inc. raised its position in Fiserv by 33.6% in the first quarter. Bridges Investment Counsel Inc. now owns 15,400 shares of the business services provider’s stock valued at $1,776,000 after buying an additional 3,875 shares during the period. 87.72% of the stock is currently owned by hedge funds and other institutional investors.

About Fiserv

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Earnings History and Estimates for Fiserv (NASDAQ:FISV)

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