Fiserv (NASDAQ:FISV – Free Report) had its price objective trimmed by Deutsche Bank Aktiengesellschaft from $63.00 to $60.00 in a report issued on Monday,MarketScreener reports.
FISV has been the subject of a number of other reports. Jefferies Financial Group raised their price objective on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Rothschild & Co Redburn reduced their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research report on Tuesday. Mizuho decreased their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research note on Wednesday, May 6th. Finally, Tigress Financial reiterated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Eight analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $83.57.
View Our Latest Analysis on Fiserv
Fiserv Stock Up 0.1%
Fiserv (NASDAQ:FISV – Get Free Report) last issued 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. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts anticipate that Fiserv will post 8.14 earnings per share for the current year.
Institutional Investors Weigh In On Fiserv
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. bought a new stake in shares of Fiserv during the 4th quarter worth $3,507,063,000. Dodge & Cox bought a new stake in Fiserv during the fourth quarter valued at about $3,323,210,000. State Street Corp bought a new position in shares of Fiserv in the fourth quarter worth about $1,588,663,000. Geode Capital Management LLC bought a new position in Fiserv in the 4th quarter worth approximately $854,215,000. Finally, Amundi acquired a new stake in Fiserv during the fourth quarter worth about $825,819,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.
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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