Investment Research Partners LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,188 shares of the business services provider’s stock, valued at approximately $684,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. bought a new stake in Fiserv in the 4th quarter worth approximately $3,507,063,000. Capital World Investors increased its stake in Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the last quarter. Geode Capital Management LLC bought a new stake in Fiserv in the 4th quarter worth approximately $854,215,000. Norges Bank bought a new stake in Fiserv in the 4th quarter worth approximately $555,964,000. Finally, Legal & General Group Plc bought a new stake in Fiserv in the 4th quarter worth approximately $250,877,000. Institutional investors own 90.98% of the company’s stock.
Analyst Ratings Changes
A number of analysts have issued reports on FISV shares. Tigress Financial reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a research note on Wednesday, March 11th. Cantor Fitzgerald reduced their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Rothschild & Co Redburn reduced their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company reduced their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Nine investment 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, the company has a consensus rating of “Hold” and an average target price of $82.23.
Fiserv Price Performance
Shares of Fiserv stock opened at $53.17 on Friday. The stock has a market cap of $28.35 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $57.36 and a 200-day moving average price of $61.15. Fiserv, Inc. has a one year low of $51.78 and a one year high of $177.36.
Fiserv (NASDAQ:FISV – Get Free Report) last announced 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. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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. Equities analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.
Fiserv Company 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.
Featured Articles
- Five stocks we like better than Fiserv
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.
