Fiserv Inc

In Q3, billionaire investor Leon Cooperman’s top five holdings were Fiserv, Alphabet, United Continental, Chimera Investment, and Cigna.

Wellington Management filed its 13F on Wednesday. Based on the filing, the market value of total publicly traded securities was around $443.45 billion.

Lately, Square (SQ) stock is becoming analysts’ favorite. On Tuesday, UBS analyst Eric Wasserstrom initiated coverage on the stock with a “buy” rating.

Square (SQ) is a corporate investor in online ticketing company Eventbrite (EB), which went public in September 2018.

Square has teamed up with the Washington Nationals to let fans at baseball games order food and drinks from the comfort of their seats.

A law firm led by Louisiana’s former attorney general is investigating the proposed merger between Fiserv (FISV) and First Data (FDC).

One of Square’s (SQ) founding talents died last month, according to CNBC. Tristan O’Tierney, 35, died in the month Square marked its tenth birthday.

PayPal (PYPL) recently introduced an instant bank transfer option for its customers, with the option initially rolling out to customers in the United States.

PayPal (PYPL) wants to cash in on tax season. Americans have until April 15 to file their federal income tax returns.

Square (SQ) and PayPal (PYPL) have so far chosen different paths with regards to monetizing bitcoin.

In the fourth quarter, Square reported net revenue of $933 million and adjusted revenue of $464 million.

To drive growth in a highly competitive industry, companies typically spend a big chunk of their revenue on sales and marketing activities.

Each year, Square (SQ) introduces new products to cater to the evolving needs of its customers, and 2018 was no exception.

PayPal (PYPL) bought four companies in 2018, spending $2.7 billion on the transactions, according to Crunchbase data.

PayPal has (PYPL) has mostly given cryptocurrencies such as Bitcoin a wide berth, unlike its competitor Square (SQ).

PayPal (PYPL) is planning to close its customer support office in Malaysia by the end of this year. In this series, we’ll look at that development and others in PayPal’s international operations.

Fiserv (FISV) and First Data (FDC) have agreed to join forces in a $22 billion merger that is set to create a stronger competitor for Square (SQ) in payment processing.

Square (SQ) closed the third quarter of 2018 with $1.8 billion in cash, down $78 million from the previous quarter.

For the first time ever, Square (SQ) posted a quarterly net profit of $20 million in the third quarter of 2018.

Square (SQ) is expected to report its fourth-quarter earnings results on February 26.

PayPal (PYPL) is expected to report its fourth-quarter earnings on January 17.

Of 38 analysts that covered Visa in April, four recommended a “hold,” 18 recommended a “buy,” and 16 recommended a “strong buy.”

Visa’s total operating expenses rose 4% YoY to $1.73 billion in fiscal 2Q18. The company incurred personnel expenses of $824 million in fiscal 2Q18.

After the announcement of the imposition of tariffs by President Donald Trump, fears regarding a trade war gripped investors.

Visa’s (V) price-to-book ratio stands at 6.83x on a next-12-month basis, implying a premium valuation compared to its peer average of 3.09x.

In fiscal 2017, Visa (V) incurred total operating expenses of $6.2 billion compared to $7.1 billion in fiscal 2016—a fall of 14%.

On February 27, 2018, Visa (V) announced that it had added 14 technology companies to its Visa Ready for Transit program.

Of its total fiscal 1Q18 net operating revenue of $4.9 billion, Visa’s service revenue made up $2.1 billion, or 44.1%.

The demonetization effect in India has created the need for digital payments, and Visa has seen a substantial rise in transactions as a result.

In November 2017, PayPal announced that it decided to sell its US consumer loan business to Synchrony.

PayPal (PYPL) ended 4Q17 with 80 million consumers using One Touch. There were 40 million One Touch users a year ago.

Strong customer activity saw PayPal generate $3.7 billion in revenue in 4Q17. Wall Street was expecting $3.6 billion.

Visa has a premium valuation for multiple reasons. As the trend of digitization is expected to continue, the company could experience further increases in its valuations.

Visa (V) saw a rise of 13% in total operating expenses on a YoY (year-over-year) basis in fiscal 1Q18. It incurred $1.5 billion in expenses in fiscal 1Q18 compared to $1.4 billion a year earlier.

Visa (V) reported total payment volumes of $2.0 trillion in fiscal 1Q18, while in fiscal 1Q17, its payment volumes were $1.8 trillion.

So far in February 2018, Visa (V) has seen a fall in its number of “strong buy” and “buy” ratings compared to the previous month.

In fiscal 1Q18, Visa (V) generated net operating revenue of $4.9 billion compared to $4.5 billion a year earlier, representing a rise of 9%.

Visa (V) posted EPS (earnings per share) of $1.08 in fiscal 1Q18, exceeding analysts’ estimates by $0.10.

On February 8, Viacom gained 7.2% and closed the day at $32.71. Viacom is part of the S&P 500 Consumer Discretionary sector.

Visa (V) has higher valuations since its PE (price-to-earnings) ratio on an NTM (next 12-month) basis is 26.27x, which is higher than the peer average.

Visa (V) incurred total operating expenses of $6.2 billion in fiscal 2017 compared to $7.1 billion in fiscal 2016.

Visa witnessed a substantial rise of 18% in services revenues in fiscal 2017 compared to fiscal 2016.

Visa’s (V) partnership with Square (SQ) is being looked on positively.

In a conference on November 29, 2017, Vasant Prabhu, Visa’s (V) CFO (chief financial officer), stated that the company’s acquisition strategy focuses on businesses that add value.

Amid all the developments going on in the digital world, Visa is targeting to make payments easier for customers and merchants.

Credit programs at Visa (V) have witnessed a rise of 8% on a year-over-year or YoY basis due to a rise in credit payments in the United States and internationally.

In 1Q17, the Advisory Board (ABCO) reported adjusted EBITDA of ~$45 million, which was higher than its guidance of $37 million–$42 million.

In 1Q17, the Advisory Board (ABCO) reported revenues of ~$194.1 million, which was higher than its guidance of $185 million–$190 million but ~0.7% lower YoY.

Fiserv’s 4Q16 net income of $215 million was 14% higher YoY.

Fiserv reported adjusted earnings of $1.16 per share for 4Q16—21% higher YoY.

For 4Q16, FIS announced dividends of $0.29 per share, which is 12.0% higher on a year-over-year basis.

James Woodall, FIS’s chief financial officer, shared the company’s outlook for 2017 during its 4Q16 earnings call. It’s forecasting EPS of $4.15–$4.30.

In 2015, FIS acquired SunGard, expanding its top line nearly 50.0% and entering the capital markets and asset management businesses.

Fiserv (FISV) booked $5.2 billion revenues in 2015, while rival DST Systems (DST) generated $2.8 billion.

In 4Q15, Fidelity Information Services (FIS) acquired SunGard, expanding its top line by nearly 50.0%.

FIS is slated to report its 4Q16 results on February 7, 2017. Wall Street analysts expect it to post EPS of $1.14, a rise of 23.0% year-over-year.

During the quarter, Fiserv signed over 100 debit clients, 150 Mobiliti ASP clients, and over 260 bill payment clients.

In 4Q15, Fidelity Information Services (FIS) acquired SunGard, expanding its top line by nearly 50% and entering the capital markets and asset management businesses,

Fidelity National Information Services (FIS) is slated to report its 3Q16 results on November 1. Wall Street analysts expect it to post earnings per share (or EPS) of $0.98, 8% higher year-over-year.

Information technology is the highest invested sector in the American Century Growth Fund (TWCGX), forming 30% of the portfolio.

Analysts have been bullish on Fiserv (FISV) shares after its impressive second-quarter performance. In a Bloomberg survey of 22 analysts, five assigned it a “buy.”

Fiserv (FISV) trades at premium valuations to its peers. This can be judged by the company’s PBV multiple or its one-year forward PE multiple.

In 2015, Fidelity National Information Services (FIS) acquired SunGard, expanding its top line by nearly 50% and entering the capital markets and asset management businesses.

At the end of 2015, Fidelity National Information Services (FIS) had long-term debt of $11.5 billion, nearly double what it had one year previously.

In August 2015, FIS acquired SunGard for $9.1 billion, its largest acquisition to date. SunGard is expected to expand FIS’s top line by nearly 50%.

Fidelity National Information Services (FIS) has been following a consistent inorganic growth strategy in order to boost its offerings and customer base.

FIS plans to build stronger client relationships through multidimensional offerings. Its SunGard acquisition should also help expand client relationships.

FIS’s Global Financial Solutions segment offers large financial institutions the worldwide with payment, consulting, and transformational services.

FIS’s Integrated Financial Solutions segment caters to North American banks and is the largest contributor to the company’s total revenues (~60%).

In 2015, FIS reorganized and began reporting its results under three segments. But after the SunGard acquisition, another restructuring process is underway.

Headquartered in Florida, Fidelity National Information Services is a big hitter in software solutions and innovations in the financial services industry.

The American Century Growth Fund Investor Class (TWCGX) invests in companies that its managers believe will increase in value over time.

Fiserv (FISV) reported 1Q16 adjusted EPS (earnings per share) of $1.06 on revenues of $1.3 billion.

Fidelity National Information Services (FIS) increased its share repurchase authorization to $2 billion in 2014. This reflects the company’s confidence in its current valuations as well as its long-term prospects.

Fidelity National Information Services (FIS) posted earnings of $0.79 per share for 1Q16, 22% higher than the same period last year. Revenues grew by 4.2% year-over-year to $2.2 billion.

Fiserv (FISV) should report its first quarter earnings on May 5. What can you expect?

FIS (FIS) has regularly rewarded its shareholders through dividends and share buybacks (SPY).

The peers outperformed Jack Henry & Associates based on the PE ratio. However, Jack Henry & Associates is way ahead of its peers based on the PBV ratio.

Western Union benefited from hedge gains and cost savings that were offset by rises in technology expense and the negative impact of foreign exchange.

In 3Q15, the consumer-to-consumer segment comprised 80% of Western Union’s overall revenues. The segment’s revenues fell by 3% year-over-year.

On October 29, Western Union released its 3Q15 results with revenues of $1.39 billion, a 3% year-over-year fall compared to $1.44 billion in 3Q14.

Vantiv reported net revenue of $816.0 million in 3Q15, an increase of 3.8% compared to $786.0 million in 2Q15. Revenue from external customers and related party revenue increased 3.9% and 0.11%, respectively.

Total System Services has outperformed its peers based on PE. But it’s way ahead of its peers based on PS. The company has also outperformed its ETFs based on price movement, PE, and PBV.

Total System Services (TSS) has a market cap of $9.5 billion. YTD price movement is going up QoQ in 2015. After its 3Q15 earnings report, TSS rose 0.90% to close at $51.65 per share on October 27, 2015.