World Investment Advisors Invests $3.82 Million in Fiserv, Inc. $FISV

World Investment Advisors purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISVFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 57,056 shares of the business services provider’s stock, valued at approximately $3,818,000.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. bought a new position in Fiserv in the 4th quarter worth about $3,507,063,000. Capital World Investors boosted 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 purchasing an additional 6,714,536 shares during the period. Legal & General Group Plc boosted its stake in Fiserv by 3.8% in 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 purchasing an additional 131,935 shares during the period. Barclays PLC boosted its stake in Fiserv by 116.0% in the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after purchasing an additional 1,895,349 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Fiserv by 24.0% in 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 purchasing an additional 607,213 shares during the period. Institutional investors own 90.98% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on FISV. Keefe, Bruyette & Woods cut their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Loop Capital began coverage on Fiserv in a research note on Tuesday, March 31st. They issued a “hold” rating and a $62.00 target price for the company. Wells Fargo & Company cut their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Finally, Compass Point cut their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $83.57.

Read Our Latest Report on FISV

Fiserv Stock Performance

NASDAQ:FISV opened at $53.46 on Friday. The business’s 50-day moving average price is $58.29 and its two-hundred day moving average price is $63.16. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $190.86. The stock has a market cap of $28.51 billion, a P/E ratio of 9.06, a PEG ratio of 1.66 and a beta of 0.84. 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:FISVGet Free Report) last released its quarterly 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 firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The business’s revenue 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, equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

About Fiserv

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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