Various investment firms are adjusting their holdings in Fiserv, Inc. (NYSE:FI) - from buying new investments to reducing their existing stakes. Additionally, it appears Fiserv is a top momentum and value stock for the long term, garnering analyst optimism about its financial future despite share price volatility. There are several noteworthy shifts in ownership, including Artemis Investment Management LLP's acquisition of 351,317 shares and Global Assets Advisory LLC's significant $24.66 million investment. Fiservβs acquisitions reportedly give them a competitive edge, and they continue to demonstrate strong value despite competition. There has been a change in the leadership as well, with the appointment of Takis Georgakopoulos as a senior advisor and a member of the management committee. Several organisations are recognising the company as a leading digital payments stock. Quarter 1 results surpassed consensus, leading Fiserv to uplift their earnings guide. However, despite its solid business model, there are predictions of lower returns ahead.
Fiserv FI News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Sun, 30 Jun 2024 13:04:53 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 0