1,585 institutions hold shares in Fiserv Inc. (FISV), with 2.85M shares held by insiders accounting for 0.42% while institutional investors hold 92.42% of the company’s shares. The shares outstanding are 669.80M, and float is at 581.67M with Short Float at 1.72%. Institutions hold 92.03% of the Float.
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The top institutional shareholder in the company is Kohlberg Kravis Roberts & Co. L.P. with over 105.43 million shares valued at $10.86 billion. The investor’s holdings represent 15.72% of the FISV Shares outstanding. As of Sep 29, 2020, the second largest holder is Price (T.Rowe) Associates Inc with 57.9 million shares valued at $5.97 billion to account for 8.64% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 45.31 million shares representing 6.76% and valued at over $4.67 billion, while Blackrock Inc. holds 6.11% of the shares totaling 40.96 million with a market value of $4.66 billion.
Fiserv Inc. (NASDAQ: FISV) is -2.20% lower on its value in year-to-date trading and has touched a low of $73.50 and a high of $123.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FISV stock was last observed hovering at around $113.05 in the last trading session, with the day’s loss setting it -1.69% off its average median price target of $139.00 for the next 12 months. It is also 30.4% off the consensus price target high of $160.00 offered by 37 analysts, but current levels are -1.24% lower than the price target low of $110.00 for the same period.
Currently trading at $111.36, the stock is 2.14% and -0.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.86 million and changing -1.49% at the moment leaves the stock 6.48% off its SMA200. FISV registered -8.60% loss for a year compared to 6-month gain of 10.87%. The firm has a 50-day simple moving average (SMA 50) of $110.03 and a 200-day simple moving average (SMA200) of $106.01.
The stock witnessed a 2.03% loss in the last 1 month and extending the period to 3 months gives it a 1.28%, and is 2.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.61% over the month.
Fiserv Inc. (FISV) has around 44000 employees, a market worth around $75.79B and $14.85B in sales. Current P/E ratio is 79.60 and Fwd P/E is 17.48. Profit margin for the company is 5.60%. Distance from 52-week low is 51.51% and -10.03% from its 52-week high. The company has generated returns on investments over the last 12 months (2.50%).
Fiserv Inc. (FISV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fiserv Inc. (FISV) is a “Buy”. 37 analysts offering their recommendations for the stock have an average rating of 1.80, where 4 rate it as a Hold and 4 think it is a “Overweight”. 28 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Fiserv Inc. is expected to release its quarterly report on 05/04/2021 and quarterly earnings per share for the current quarter are estimated at $1.14 with sales reaching $3.57B over the same period.The EPS is expected to shrink by -41.40% this year, but quarterly earnings will post 8.80% year-over-year. Quarterly sales are estimated to grow 2.60% in year-over-year returns.
Fiserv Inc. (FISV) Insider Activity
A total of 66 insider transactions have happened at Fiserv Inc. (FISV) in the last six months, with sales accounting for 43 and purchases happening 23 times. The most recent transaction is an insider purchase by OLEARY DENIS, the company’s Director. SEC filings show that OLEARY DENIS bought 9,100 shares of the company’s common stock on Feb 16 at a price of $110.99 per share for a total of $1.01 million. Following the purchase, the insider now owns 74478.0 shares.
Fiserv Inc. disclosed in a document filed with the SEC on Feb 09 that Chiarello Guy (Chief Administrative Officer) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Feb 09 and was made at $112.65 per share for $2.25 million. Following the transaction, the insider now directly holds 0.29 million shares of the FISV stock.
Still, SEC filings show that on Jan 08, Chiarello Guy (Chief Administrative Officer) disposed off 20,000 shares at an average price of $115.18 for $2.3 million. The insider now directly holds 250,360 shares of Fiserv Inc. (FISV).
Fiserv Inc. (FISV): Who are the competitors?
The company’s main competitors (and peers) include Jack Henry & Associates Inc. (JKHY) that is trading -13.51% down over the past 12 months. Visa Inc. (V) is -3.18% down on the 1-year trading charts. Short interest in the company’s stock has risen 12.89% from the last report on Dec 30, 2020 to stand at a total of 8.72 million short shares sold with a short interest ratio of 2.03.