Wayfinding Financial LLC Invests $1.81 Million in Fiserv, Inc.

Wayfinding Financial LLC has taken a new position in Fiserv, Inc. (NYSE:FI) during the fourth quarter, as detailed in its latest 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,827 shares of Fiserv's stock, amounting to an investment valued at around $1,813,000. This investment represents about 1.0% of Wayfinding Financial's overall portfolio, positioning Fiserv as the 23rd largest holding in their investment strategy.

Recent Moves by Other Investors

In addition to Wayfinding Financial's recent acquisition, several large investors have adjusted their stakes in Fiserv. Jacobi Capital Management LLC has increased its holdings by 0.4% in the fourth quarter, now owning 11,104 shares valued at approximately $2,281,000 after acquiring an additional 44 shares. Similarly, Parkside Financial Bank & Trust raised its investment by 1.1%, now holding 4,109 shares valued at $841,000 after purchasing an extra 45 shares. Catalina Capital Group LLC boosted its stake by 2.3%, owning 2,160 shares worth $444,000 after procuring an additional 48 shares. Furthermore, Mount Yale Investment Advisors LLC increased its position in Fiserv by 1.2%, holding 4,126 shares valued at $848,000 and acquiring 50 shares. Hemington Wealth Management also raised its stake in Fiserv by 6.1%, keeping 864 shares worth $177,000 after an additional 50 shares purchase. Overall, institutional investors hold approximately 90.98% of Fiserv's total shares.

Analysts’ Ratings

Reports from equities analysts regarding Fiserv, Inc. have been generally positive. Keefe, Bruyette & Woods recently raised their price target on Fiserv from $238.00 to $260.00, recommending an "outperform" rating. Barclays also increased its target from $235.00 to $265.00, maintaining an "overweight" rating. KeyCorp adjusted their target price upward from $250.00 to $270.00 with an "overweight" rating. Similarly, Morgan Stanley increased their price objective from $258.00 to $267.00, while Oppenheimer raised their target from $214.00 to $239.00, continuing their "outperform" rating. Currently, three analysts have rated the stock as a hold, while twenty-one recommend buying it, and two have issued a strong buy rating. According to MarketBeat, the average rating for Fiserv is "Moderate Buy," with an average target price of $239.83.

Fiserv Stock Analysis

As of the last trading session, shares of Fiserv opened at $221.77. The stock has shown a 50-day moving average of $220.11 and a 200-day moving average of $205.70. Financial metrics reveal a current ratio of 1.06, a quick ratio of 1.07, and a debt-to-equity ratio of 0.86. The company's stock has ranged from a 12-month low of $145.98 to a high of $238.59. Fiserv boasts a market capitalization of $124.48 billion and is evaluated with a price-to-earnings ratio of 41.15 and a PEG ratio of 1.52.

Recent Financial Results

Fiserv reported its earnings results on February 5, revealing an EPS of $2.51 for the quarter, slightly surpassing analysts' expectations of $2.48 by $0.03. The company also reported a return on equity of 17.93% and a net margin of 15.31%. Future forecasts predict that Fiserv will achieve an EPS of 10.23 for the current financial year. Recently, the board authorized a substantial share buyback program allowing for the repurchase of up to 60 million shares, indicating management's belief that the stock is undervalued.

Insider Transactions

On another note, Fiserv's COO, Guy Chiarello, sold 45,000 shares of stock on February 20 at an average price of $235.55, which totaled approximately $10,599,750. Following this transaction, he now owns 227,711 shares valued at about $53,637,326.05, reflecting a 16.50% decrease in his shareholding.

About Fiserv, Inc.

Fiserv, Inc. provides a variety of payments and financial technology services across multiple regions including the United States, Europe, the Middle East, Africa, Latin America, and Asia-Pacific. The company operates through several segments including Merchant Acceptance, Financial Technology, and Payments and Network.

Investment, Stock, Portfolio