North Star Asset Management Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 309,470 shares of the business services provider’s stock, valued at approximately $20,787,000. North Star Asset Management Inc. owned approximately 0.06% of Fiserv at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in FISV. Vanguard Group Inc. bought a new stake in shares of Fiserv during the 4th quarter valued at approximately $3,507,063,000. Capital World Investors grew 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 valued at $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Fiserv during the 4th quarter valued at approximately $223,136,000. Pittenger & Anderson Inc. bought a new stake in shares of Fiserv during the 4th quarter valued at approximately $193,349,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Fiserv during the 4th quarter valued at approximately $174,502,000. 90.98% of the stock is owned by institutional investors.
Analysts Set New Price Targets
FISV has been the topic of several research reports. Citigroup decreased their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Tigress Financial reaffirmed a “buy” rating and set a $95.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Cantor Fitzgerald decreased their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Loop Capital decreased their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Finally, Mizuho decreased their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $82.97.
Fiserv Trading Up 2.3%
FISV opened at $57.13 on Friday. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $30.46 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.60 and a beta of 0.84. The company’s 50 day moving average price is $57.66 and its two-hundred day moving average price is $61.90.
Fiserv (NASDAQ:FISV – Get Free Report) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. The firm’s 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. As a group, research analysts predict that Fiserv, Inc. will post 8.14 earnings per share 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.
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