L. Roy Papp & Associates LLP Takes Position in Fiserv, Inc. $FISV

L. Roy Papp & Associates LLP bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 10,017 shares of the business services provider’s stock, valued at approximately $673,000.

Other institutional investors have also recently modified their holdings of the company. Capital World Investors lifted its holdings in shares of Fiserv by 35.2% during 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 period. Legal & General Group Plc lifted its holdings in shares of Fiserv by 3.8% during the 3rd quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock worth $469,051,000 after acquiring an additional 131,935 shares during the period. Barclays PLC lifted its holdings in shares of Fiserv by 116.0% during the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Fiserv by 24.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock worth $404,687,000 after acquiring an additional 607,213 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in shares of Fiserv by 3.9% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock worth $362,128,000 after acquiring an additional 109,427 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $63.26 on Wednesday. The company has a market cap of $33.78 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 1.99 and a beta of 0.79. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $59.15 and a 200 day simple moving average of $70.10. Fiserv, Inc. has a one year low of $52.91 and a one year high of $221.50.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts predict that Fiserv, Inc. will post 8.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Truist Financial dropped their price objective on Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a research report on Thursday, February 26th. TD Cowen restated a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. Finally, The Goldman Sachs Group dropped their price objective on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Eight analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus target price of $96.63.

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.