Cloverfields Capital Group LP Takes Position in Fiserv, Inc. $FISV

Cloverfields Capital Group LP bought a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 79,696 shares of the business services provider’s stock, valued at approximately $5,353,000. Fiserv comprises about 1.7% of Cloverfields Capital Group LP’s investment portfolio, making the stock its 19th biggest position.

Several other hedge funds also recently modified their holdings of FISV. Brighton Jones LLC boosted its stake in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after acquiring an additional 2,033 shares during the last quarter. Bison Wealth LLC boosted its stake in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after acquiring an additional 483 shares during the last quarter. Jump Financial LLC bought a new position in Fiserv during the 2nd quarter worth approximately $1,001,000. Finally, Gamco Investors INC. ET AL lifted its stake in Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of FISV opened at $53.78 on Friday. The company has a market cap of $28.68 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 1.49 and a beta of 0.79. Fiserv, Inc. has a 1-year low of $51.78 and a 1-year high of $177.36. The company’s fifty day simple moving average is $57.33 and its 200 day simple moving average is $61.10. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISVGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating 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 firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on FISV. Susquehanna reaffirmed a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Mizuho cut their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Wells Fargo & Company cut their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Keefe, Bruyette & Woods lowered their price objective on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Finally, UBS Group set a $65.00 price objective on shares of Fiserv and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. 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 stock. Based on data from MarketBeat, Fiserv has a consensus rating of “Hold” and an average target price of $82.23.

Check Out Our Latest Stock Report on Fiserv

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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