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Fiserv, Inc. (FI) Stock Could Soon Reward Patient Investors

Fiserv, Inc. (NYSE: FI) is 16.16% higher on its value in year-to-date trading and has touched a low of $108.31 and a high of $152.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FI stock was last observed hovering at around $152.15 in the last trading session, with the day’s gains setting it 2.16%.

Currently trading at $154.31, the stock is 2.84% and 6.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing 1.42% at the moment leaves the stock 20.51% off its SMA200. FI registered 42.66% gain for a year compared to 6-month gain of 27.32%. The firm has a 50-day simple moving average (SMA 50) of $5.86 and a 200-day simple moving average (SMA200) of $13.94.

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The stock witnessed a 4.24% loss in the last 1 month and extending the period to 3 months gives it a 16.01%, and is 2.43% 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 1.62% over the week and 1.48% over the month.

Fiserv, Inc. (FI) has around 42000 employees, a market worth around $91.10B and $19.09B in sales. Current P/E ratio is 30.87 and Fwd P/E is 15.37. Profit margin for the company is 16.07%. Distance from 52-week low is 42.48% and 1.24% from its 52-week high. The company has generated returns on investments over the last 12 months (5.80%).

Fiserv, Inc. quarterly earnings per share for the current quarter are estimated at $1.79 with sales reaching $4.58B over the same period.The EPS is expected to grow by 14.86% this year, but quarterly earnings will post 8.00% year-over-year. Quarterly sales are estimated to grow 9.30% in year-over-year returns.

Fiserv, Inc. (FI) Top Institutional Holders

2,042 institutions hold shares in Fiserv, Inc. (FI), with institutional investors hold 94.69% of the company’s shares. The shares outstanding are 594.00M, and float is at 586.01M with Short Float at 0.93%. Institutions hold 94.12% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 50.09 million shares valued at $7.73 billion. The investor’s holdings represent 8.48% of the FI Shares outstanding. As of Dec 30, 2023, the second largest holder is Price (T.Rowe) Associates Inc with 44.3 million shares valued at $6.84 billion to account for 7.50% of the shares outstanding. The other top investors are Blackrock Inc. which holds 39.89 million shares representing 6.76% and valued at over $6.16 billion, while Dodge & Cox Inc holds 5.91% of the shares totaling 34.87 million with a market value of $5.38 billion.

Fiserv, Inc. (FI) Insider Activity

The most recent transaction is an insider sale by Chiarello Guy,the company’sChief Operating Officer. SEC filings show that Chiarello Guy sold 24,000 shares of the company’s common stock on Mar 15 ’24 at a price of $149.53 per share for a total of $3.59 million. Following the sale, the insider now owns 0.16 million shares.

Fiserv, Inc. disclosed in a document filed with the SEC on Dec 27 ’23 that Kereere Suzan (EVP, Head of GBS) sold a total of 1,633 shares of the company’s common stock. The trade occurred on Dec 27 ’23 and was made at $132.88 per share for $0.22 million. Following the transaction, the insider now directly holds 47792.0 shares of the FI stock.

Still, SEC filings show that on Dec 26 ’23, Hau Robert W. (Chief Financial Officer) disposed off 188,088 shares at an average price of $132.77 for $24.97 million. The insider now directly holds 133,491 shares of Fiserv, Inc. (FI).

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