Nomura Asset Management Co. Ltd. Makes New Investment in Fiserv, Inc. $FISV

Nomura Asset Management Co. Ltd. bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 188,558 shares of the business services provider’s stock, valued at approximately $12,665,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Stonebridge Capital Advisors LLC increased its position in Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC increased its holdings in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the period. Cornerstone Planning Group LLC increased its holdings in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 158 shares during the period. ROI Financial Advisors LLC increased its holdings in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the period. Finally, WASHINGTON TRUST Co increased its holdings in shares of Fiserv by 3.5% during the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock valued at $667,000 after purchasing an additional 175 shares during the period. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FISV has been the topic of a number of research analyst reports. Stephens lowered their price target on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. BNP Paribas Exane lowered their price target on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Citigroup lowered their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. BMO Capital Markets raised their price target on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Finally, Loop Capital lowered their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fiserv currently has an average rating of “Hold” and a consensus target price of $82.80.

Fiserv Trading Down 4.4%

Shares of FISV stock opened at $56.46 on Wednesday. The stock has a 50-day simple moving average of $57.60 and a 200 day simple moving average of $61.59. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The stock has a market capitalization of $30.11 billion, a P/E ratio of 9.57, a P/E/G ratio of 1.65 and a beta of 0.79. 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:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The business’s quarterly 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, sell-side analysts expect that Fiserv, Inc. will post 8.14 earnings per share 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.