53,155 Shares in Fiserv, Inc. $FISV Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC bought a new position in Fiserv, Inc. (NASDAQ:FISVFree Report) during the fourth quarter, Holdings Channel reports. The firm bought 53,155 shares of the business services provider’s stock, valued at approximately $3,570,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jacobsen Capital Management increased its stake in Fiserv by 5.8% in the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock valued at $228,000 after buying an additional 97 shares during the last quarter. Stonebridge Capital Advisors LLC increased its stake in Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after buying an additional 98 shares during the last quarter. Quent Capital LLC increased its stake in Fiserv by 5.6% in the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock valued at $284,000 after buying an additional 116 shares during the last quarter. Bison Wealth LLC increased its stake in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its stake in Fiserv by 50.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after buying an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

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Analyst Ratings Changes

FISV has been the subject of several analyst reports. Mizuho decreased their price objective on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research note on Wednesday, May 6th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, 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 research report on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $83.57.

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Fiserv Stock Up 0.9%

Fiserv stock opened at $54.88 on Wednesday. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $191.91. The firm has a 50 day moving average price of $58.67 and a 200-day moving average price of $64.17. The company has a market capitalization of $29.26 billion, a P/E ratio of 9.30, a P/E/G ratio of 1.68 and a beta of 0.84. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISVGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

Fiserv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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