Geode Capital Management LLC Buys New Stake in Fiserv, Inc. $FISV

Geode Capital Management LLC bought a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,772,123 shares of the business services provider’s stock, valued at approximately $854,215,000. Geode Capital Management LLC owned 2.35% of Fiserv at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Chicago Capital LLC acquired a new stake in Fiserv in the fourth quarter worth approximately $1,316,000. AGF Management Ltd. lifted its position in Fiserv by 55.4% in the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after purchasing an additional 69,383 shares during the period. National Pension Service lifted its position in Fiserv by 2.6% in the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after purchasing an additional 30,951 shares during the period. Machina Capital S.A.S. raised its position in Fiserv by 256.8% in the third quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider’s stock worth $6,082,000 after acquiring an additional 33,949 shares in the last quarter. Finally, Vulcan Value Partners LLC bought a new stake in Fiserv in the third quarter worth about $103,398,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. BNP Paribas Exane dropped their price target on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. 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 research report on Thursday, April 9th. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $82.80.

Read Our Latest Analysis on FISV

Fiserv Price Performance

NASDAQ FISV opened at $56.56 on Friday. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $30.16 billion, a P/E ratio of 9.59, a P/E/G ratio of 1.56 and a beta of 0.84. The company has a fifty day simple moving average of $57.56 and a 200 day simple moving average of $61.63.

Fiserv (NASDAQ:FISVGet Free Report) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

Fiserv Company Profile

(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.

Featured Stories

Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISVFree Report).

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.