Marks Group Wealth Management Inc bought a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 44,729 shares of the business services provider’s stock, valued at approximately $3,004,000.
Other large investors have also recently bought and sold shares of the company. Chicago Capital LLC bought a new stake in Fiserv in the fourth quarter valued at approximately $1,316,000. Vulcan Value Partners LLC bought a new stake in Fiserv in the third quarter valued at approximately $103,398,000. Blume Capital Management Inc. increased its stake in Fiserv by 785.7% in the third quarter. Blume Capital Management Inc. now owns 25,197 shares of the business services provider’s stock valued at $3,249,000 after purchasing an additional 22,352 shares in the last quarter. ZWJ Investment Counsel Inc. bought a new stake in Fiserv in the fourth quarter valued at approximately $1,141,000. Finally, Robeco Institutional Asset Management B.V. bought a new stake in Fiserv in the fourth quarter valued at approximately $4,127,000. Institutional investors own 90.98% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on FISV shares. Truist Financial set a $58.00 price target on shares of Fiserv and gave the company a “hold” rating in a report on Friday, May 29th. Citigroup reduced their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Stephens reduced their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Finally, Wells Fargo & Company reduced their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average target price of $82.23.
Fiserv Stock Performance
Shares of FISV stock opened at $52.72 on Tuesday. The company’s fifty day simple moving average is $57.44 and its 200-day simple moving average is $61.30. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market cap of $28.11 billion, a PE ratio of 8.94, a P/E/G ratio of 1.52 and a beta of 0.80. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month 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 the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The business’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. Equities research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.
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.
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