Fintel reports that on November 20, 2024, Compass Point initiated coverage of Fiserv (NYSE:FI) with a Buy recommendation.
Analyst Price Forecast Suggests 7.49% Downside
As of October 22, 2024, the average one-year price target for Fiserv is $199.00/share. The forecasts range from a low of $137.36 to a high of $256.20. The average price target represents a decrease of 7.49% from its latest reported closing price of $215.12 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Fiserv is 19,896MM, a decrease of 1.12%. The projected annual non-GAAP EPS is 8.59.
What is the Fund Sentiment?
There are 2,771 funds or institutions reporting positions in Fiserv. This is an increase of 48 owner(s) or 1.76% in the last quarter. Average portfolio weight of all funds dedicated to FI is 0.61%, an increase of 0.77%. Total shares owned by institutions decreased in the last three months by 0.54% to 616,372K shares. 
The put/call ratio of FI is 1.04, indicating a bearish outlook.
What are Other Shareholders Doing?
BlackRock holds 39,149K shares representing 6.88% ownership of the company.
Price T Rowe Associates holds 35,173K shares representing 6.18% ownership of the company. In its prior filing, the firm reported owning 37,794K shares , representing a decrease of 7.45%. The firm decreased its portfolio allocation in FI by 46.11% over the last quarter.
Dodge & Cox holds 32,724K shares representing 5.75% ownership of the company. In its prior filing, the firm reported owning 34,371K shares , representing a decrease of 5.03%. The firm increased its portfolio allocation in FI by 8.13% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 23,235K shares representing 4.08% ownership of the company. No change in the last quarter.
Capital World Investors holds 20,217K shares representing 3.55% ownership of the company. In its prior filing, the firm reported owning 19,919K shares , representing an increase of 1.47%. The firm increased its portfolio allocation in FI by 16.31% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
