Algebris UK Ltd. Takes Position in Fiserv, Inc. $FISV

Algebris UK Ltd. acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, Holdings Channel.com reports. The firm acquired 230,732 shares of the business services provider’s stock, valued at approximately $15,506,000.

Other large investors have also made changes to their positions in the company. Callahan Advisors LLC bought a new stake in Fiserv in the fourth quarter valued at about $1,926,000. Taylor Financial Group Inc. bought a new stake in Fiserv in the fourth quarter valued at about $1,870,000. Prescott Group Capital Management L.L.C. bought a new stake in Fiserv in the fourth quarter valued at about $4,202,000. Leonteq Securities AG bought a new stake in Fiserv in the fourth quarter valued at about $2,340,000. Finally, ABN Amro Investment Solutions bought a new stake in Fiserv in the fourth quarter valued at about $1,756,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on FISV shares. Loop Capital lowered their target price on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. TD Cowen reissued a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. BNP Paribas Exane lowered their target price on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Weiss Ratings cut shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 15th. Finally, Raymond James Financial cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv has an average rating of “Hold” and an average target price of $82.97.

Fiserv Price Performance

Shares of Fiserv stock opened at $56.41 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $30.08 billion, a price-to-earnings ratio of 9.56, a P/E/G ratio of 1.57 and a beta of 0.84. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The firm’s 50-day moving average price is $57.76 and its two-hundred day moving average price is $62.01.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.