The recent activities related to Fiserv, Inc. (NYSE:FI) include several acquisitions of its shares by various institutions, ensuing a positive impact on the stock. The company's Q2 earnings have exceeded estimates, although revenue fell a bit short. Shareholder returns, however, show a sluggish growth over the past five years. Analyst ratings on average, suggest a 'Moderate Buy' outlook, strengthening Fiserv's position as a strong value stock. Several institutions, including Raymond James Financial Services Advisors Inc. and &Partners, have increased their stock holdings in the company. Furthermore, Fiserv showed a promising performance in Q1, propelling the stock to new 52-week high. Recently, Fifth Third Wealth Advisors LLC and Mn Services Vermogensbeheer B.V. have also substantially increased their positions in Fiserv. The company has shown steady momentum and is considered a valuable pick amidst current market volatility. Despite competitive pressures, Fiserv has reaped benefits from its strategic acquisitions. As per the Zacks Research forecast, the company is expected to post Q1 2025 earnings of $2.07 per share
Fiserv FI News Analytics from Wed, 17 Jan 2024 08:00:00 GMT to Sun, 25 Aug 2024 10:54:21 GMT - Rating 8 - Innovation 7 - Information 6 - Rumor 1
