Fiserv (NASDAQ:FISV) had its price target lifted by BMO Capital Markets from $133.00 to $152.00 in a research report issued on Thursday. The brokerage currently has an “average” rating on the business services provider’s stock. BMO Capital Markets’ target price indicates a potential upside of 10.58% from the company’s current price.

A number of other analysts have also issued reports on FISV. Cantor Fitzgerald reiterated a “hold” rating and set a $126.00 price objective on shares of Fiserv in a research note on Wednesday. BidaskClub upgraded Fiserv from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 31st. Guggenheim reiterated a “buy” rating and set a $160.00 price objective on shares of Fiserv in a research note on Monday, January 29th. Robert W. Baird boosted their price objective on Fiserv from $146.00 to $160.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Finally, Argus set a $148.00 target price on Fiserv and gave the stock a “buy” rating in a research note on Friday, January 12th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $139.86.

Shares of Fiserv (NASDAQ:FISV) opened at $137.46 on Thursday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.01 and a current ratio of 1.02. Fiserv has a one year low of $108.85 and a one year high of $144.20. The stock has a market capitalization of $27,727.54, a price-to-earnings ratio of 23.70, a P/E/G ratio of 1.88 and a beta of 0.87.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.03. Fiserv had a return on equity of 44.58% and a net margin of 21.88%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company posted $1.16 EPS. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. research analysts anticipate that Fiserv will post 6.15 earnings per share for the current year.

In other news, insider Byron C. Vielehr sold 10,000 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the transaction, the insider now directly owns 19,719 shares in the company, valued at approximately $2,583,780.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffery W. Yabuki sold 2,000 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $128.35, for a total value of $256,700.00. Following the transaction, the insider now owns 236,835 shares in the company, valued at $30,397,772.25. The disclosure for this sale can be found here. Insiders sold a total of 49,439 shares of company stock worth $6,605,353 over the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Several institutional investors have recently made changes to their positions in FISV. Coastline Trust Co bought a new position in shares of Fiserv during the 3rd quarter valued at about $202,000. Univest Corp of Pennsylvania bought a new position in shares of Fiserv during the 4th quarter valued at about $202,000. Paragon Capital Management Ltd bought a new position in shares of Fiserv during the 3rd quarter valued at about $206,000. Associated Banc Corp bought a new position in shares of Fiserv during the 3rd quarter valued at about $261,000. Finally, Claraphi Advisory Network LLC bought a new position in shares of Fiserv during the 4th quarter valued at about $267,000. Hedge funds and other institutional investors own 88.49% of the company’s stock.

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Fiserv Company Profile

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.

Analyst Recommendations for Fiserv (NASDAQ:FISV)

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