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Fiserv reported strong earnings, saw increased investor stakes, and launched a major stock buyback plan.
In the fourth quarter, several institutional investors increased their stakes in Fiserv, Inc., including Ashton Thomas Private Wealth LLC, which raised its holdings by 9.3%.
Fiserv reported earnings of $2.51 per share, surpassing analyst expectations, and has initiated a stock buyback plan to repurchase up to 60 million shares.
Analysts have given the company a "Moderate Buy" rating with an average target price of $239.83.
Fiserv provides payments and financial services technology globally.
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Fiserv reportó fuertes ganancias, vio aumentar las participaciones de los inversores y lanzó un importante plan de recompra de acciones.