Glenview Trust Co Takes $1.39 Million Position in Fiserv, Inc. $FISV

Glenview Trust Co bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,651 shares of the business services provider’s stock, valued at approximately $1,387,000.

Other large investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Fiserv during the 3rd quarter valued at about $30,000. Westfuller Advisors LLC bought a new stake in shares of Fiserv during the 3rd quarter valued at about $36,000. WFA of San Diego LLC bought a new stake in shares of Fiserv during the 2nd quarter valued at about $55,000. Oakworth Capital Inc. bought a new stake in shares of Fiserv during the 4th quarter valued at about $25,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Fiserv during the 4th quarter valued at about $27,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the topic of a number of research reports. Cantor Fitzgerald cut their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Susquehanna reaffirmed a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Finally, Rothschild & Co Redburn lowered their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. Nine analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $82.97.

Fiserv Stock Performance

Shares of NASDAQ FISV opened at $57.13 on Tuesday. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The stock has a market cap of $30.46 billion, a P/E ratio of 9.68, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. The firm has a 50-day moving average of $57.68 and a 200 day moving average of $61.82. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’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, sell-side analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

About Fiserv

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.