Capital Investment Counsel LLC Takes $634,000 Position in Fiserv, Inc. $FISV

Capital Investment Counsel LLC bought a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel.com reports. The fund bought 9,443 shares of the business services provider’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new stake in shares of Fiserv in the 4th quarter valued at about $25,000. American National Bank & Trust acquired a new position in Fiserv during the fourth quarter worth approximately $27,000. Mendota Financial Group LLC acquired a new position in Fiserv during the fourth quarter worth approximately $28,000. Capital Advisors Ltd. LLC purchased a new stake in Fiserv in the fourth quarter valued at approximately $29,000. Finally, True Wealth Design LLC boosted its holdings in shares of Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 225 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FISV has been the topic of a number of recent research reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $70.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Zacks Research upgraded shares of Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Citigroup dropped their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Compass Point reduced their target price on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, TD Cowen reiterated a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv has an average rating of “Hold” and a consensus target price of $92.41.

Fiserv Price Performance

Shares of FISV opened at $62.14 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The stock’s 50 day moving average is $59.26 and its two-hundred day moving average is $67.78. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $191.91. The firm has a market capitalization of $33.18 billion, a PE ratio of 9.80, a P/E/G ratio of 1.95 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the prior year, the business posted $2.51 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts anticipate that Fiserv, Inc. will post 8.11 earnings per share for the current year.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.