The shares of Fiserv, Inc. (NASDAQ:FISV) has been pegged with a rating of Mkt Perform by Keefe Bruyette in its latest research note that was published on April 9th, 2019. The research company has also assigned a $101 price target. Keefe Bruyette wasnâ€™t the only research firm that published a report of Fiserv, Inc., with other equities research analysts also giving their opinion on the stock. Buckingham Research advised investors in its research note published on February 7th, 2019, to Buy the FISV stock while also putting a $100 price target. The stock had earned Hold rating from SunTrust when it published its report on January 29th, 2019. The stock was given Outperform rating by RBC Capital Mkts in its report released on January 28th, 2019. William Blair was of a view that FISV is Outperform in its latest report on January 22nd, 2019. Stephens thinks that FISV is worth Overweight rating. This was contained in the firmâ€™s report on January 16th, 2019.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $91.86. The price of the stock the last time has raised by 26.48% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 47.90.
The shares of the company added by 0.29% during the trading session on Monday, reaching a low of $85.65 while ending the day at $86.55. During the trading session, a total of 3.93 million shares were traded which represents a 31.97% incline from the average session volume which is 5.78M shares. FISV had ended its last session trading at 86.30. Fiserv, Inc. currently has a market cap of $34.01B, while its P/E ratio stands at 29.75, while its P/E earnings growth sits at 5.84, with a beta of 0.83. Fiserv, Inc. debt-to-equity ratio currently stands at 2.60, while its quick ratio hovers at 1.10. FISV 52-week low price stands at $68.43 while its 52-week high price is $91.19.
The company in its last quarterly report recorded $0.84 earnings per share which is below the $0.85 predicted by most analysts. The Fiserv, Inc. generated $1,551.00 million in revenue during the last quarter, which is slightly higher than the $1,548.56 million predicted by analysts. In the second quarter last year, the firm recorded $0.75 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 10.71%. Fiserv, Inc. has the potential to record 2.91 EPS for the current fiscal year, according to equities analysts.
Investment analysts at KeyBanc Capital Markets published a research note on April 10th, 2019 where it informed investors and clients that Nordstrom, Inc. (NYSE:JWN) is now rated as Overweight. Their price target on the stock stands at $55. Buckingham Research also rated JWN as Initiated on February 7th, 2019, with its price target of $43 suggesting that JWN could surge by 14.86% from its current share price. Even though the stock has been trading at $43.83/share, analysts expect it to surge higher by -1.32% to reach $50.80/share. It started the day trading at $44.04 and traded between $43.18 and $43.25 throughout the trading session.
A look at its technical shows that JWNâ€™s 50-day SMA is 44.79 while its 200-day SMA stands at 52.69. The stock has a high of $67.75 for the year while the low is $42.54. The companyâ€™s P/E ratio currently sits at 13.08, while the P/B ratio is 8.18. At the moment, only of Nordstrom, Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 3.15M shares, which means that the short-interest ratio is just 7.29 days. Over the past seven days, the company moved, with its shift of -4.04%. Looking further, the stock has dropped -8.52% over the past 90 days while it lost -27.05% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more JWN shares, increasing its portfolio by +9.98% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,225,278 shares in the last quarter, thus it now holds 13,502,343 shares of JWN, with a total valuation of $599,233,982. BlackRock Fund Advisors meanwhile bought more JWN shares in the recently filed quarter, changing its stake to $328,608,825 worth of shares. Boston Partners Global Investors followed the path by increasing its JWN portfolio by +57.55% in the quarter. This means that Boston Partners Global Investors bought 2,318,179 shares in the last quarter and now controls 6,346,355 shares of the JWN stock, with the valuation hitting $281,651,235.
Similarly, JPMorgan Investment Management I increased its Nordstrom, Inc. shares by +4.03% during the recently filed quarter. After buying 214,945 shares in the last quarter, the firm now controls 5,542,812 shares of Nordstrom, Inc. which are valued at $245,989,997. In the same vein, Mellon Investments Corp decreased its Nordstrom, Inc. shares by during the most recent reported quarter. The firm sold -2,056,211 shares during the quarter which decreased its stakes to 3,689,700 shares and is now valued at $163,748,886. Following these latest developments, around 12.10% of Nordstrom, Inc. stocks are owned by institutional investors and hedge funds.