Integral Investment Advisors Inc. Increases Stock Holdings in Fiserv, Inc. $FISV

Integral Investment Advisors Inc. raised its position in Fiserv, Inc. (NASDAQ:FISV) by 113.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,141 shares of the business services provider’s stock after purchasing an additional 15,496 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Fiserv were worth $1,429,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FISV. Oakworth Capital Inc. acquired a new position in shares of Fiserv in the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC acquired a new position in Fiserv during the fourth quarter worth $25,000. Kimelman & Baird LLC purchased a new position in shares of Fiserv during the fourth quarter worth $27,000. Goodman Advisory Group LLC acquired a new stake in shares of Fiserv in the fourth quarter valued at $27,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was purchased at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.06% of the stock is currently owned by company insiders.

Fiserv Trading Down 3.0%

Shares of Fiserv stock opened at $54.11 on Thursday. The company has a fifty day simple moving average of $51.89 and a 200-day simple moving average of $56.88. The stock has a market cap of $28.85 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 1.56 and a beta of 0.80. Fiserv, Inc. has a 12-month low of $47.04 and a 12-month high of $140.42. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. On average, equities analysts forecast that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FISV has been the subject of a number of research analyst reports. Robert W. Baird set a $78.00 target price on Fiserv in a report on Wednesday, May 6th. Citigroup reissued a “neutral” rating and set a $57.00 price target (down from $60.00) on shares of Fiserv in a research report on Friday, July 10th. UBS Group set a $65.00 price objective on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. B. Riley Financial cut their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $76.57.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.