Portfolio Design Labs LLC Takes Position in Fiserv, Inc. $FISV

Portfolio Design Labs LLC acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,579 shares of the business services provider’s stock, valued at approximately $643,000.

Several other hedge funds have also modified their holdings of FISV. Brighton Jones LLC raised its stake in shares of Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after acquiring an additional 2,033 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares in the last quarter. Jump Financial LLC acquired a new stake in Fiserv in the second quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL raised its stake in Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Down 1.4%

FISV opened at $53.28 on Thursday. The business’s 50-day simple moving average is $57.41 and its 200-day simple moving average is $61.20. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. The stock has a market capitalization of $28.41 billion, a P/E ratio of 9.03, a price-to-earnings-growth ratio of 1.51 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.73 billion. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on FISV. BNP Paribas Exane cut Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target on the stock. in a research note on Friday, June 5th. Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Compass Point cut their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut their price target on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Finally, Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average price target of $82.23.

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.