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Swedish insurer Skandia boosted Fiserv stake; company beat earnings, raised 2025 outlook.
Swedish insurer Skandia Omsesidigt increased its stake in Fiserv, Inc. by 19,450 shares in Q2, holding 69,121 shares worth $11.9 million.
Fiserv reported Q2 EPS of $2.47, beating estimates by $0.04, and revenue of $5.20 billion, meeting expectations.
The company raised its FY 2025 EPS guidance to $10.15–10.30, with analysts forecasting $10.23.
Other investors, including Christopher J. Hasenberg Inc. and Woodstock Corp, also increased their holdings.
Fiserv has a market cap of $72.16 billion, a P/E ratio of 22.16, and a beta of 0.94.
MarketBeat rates the stock a "Moderate Buy" with a target price of $207.36.
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La aseguradora sueca Skandia aumentó la participación de Fiserv; la compañía superó las ganancias y elevó las perspectivas para 2025.