Bank of Nova Scotia and
TD Asset Management Inc have invested significantly in
Fiserv, Inc., with its robust Q1 results and attractive long-term returns contributing to its strong market position.
Parallel Advisors LLC, Assetmark Inc, Cambridge Investment Research Advisors Inc, Janney Montgomery Scott LLC, Beacon Pointe Advisors LLC and
Jag Capital Management LLC have also purchased new shares in the digital payments giant. Fiserv has consistently surpassed estimates and posted strong earnings, particularly in Q4 and Q1 of 2024, leading to it being picked as a top digital payments stock by hedge funds. Rumors have also been circulating on the possibility of Fiserv acquiring
Shift4 Payments. However, potential bearish signals have been highlighted with insiders disposing of stock. Meanwhile, Fiserv has launched innovative solutions including the
Clover Kiosk for the restaurant industry and the
Small Business Index to measure US small business performance. It has just unveiled its new global headquarters in Milwaukee. A potential caveat, Fiserv's COO has been reported to sell stocks worth over $3.5 million and $9.8 million.
Zacks has lowered its earnings estimates for Fiserv.
Fiserv FI News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:54:39 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -2
