Natixis Advisors LLC acquired a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 99,741 shares of the business services provider’s stock, valued at approximately $6,699,000.
Several other institutional investors also recently bought and sold shares of the company. Chicago Capital LLC acquired a new stake in shares of Fiserv during the 4th quarter worth about $1,316,000. Vulcan Value Partners LLC purchased a new stake in shares of Fiserv during the third quarter worth about $103,398,000. Blume Capital Management Inc. raised its position in shares of 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 buying an additional 22,352 shares during the last quarter. ZWJ Investment Counsel Inc. purchased a new position in shares of Fiserv during the fourth quarter valued at approximately $1,141,000. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of Fiserv during the fourth quarter valued at approximately $4,127,000. 90.98% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have commented on FISV. Weiss Ratings raised shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Stephens reduced their price target on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Citigroup decreased their price objective on 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 issued a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Nine equities research 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $82.23.
Fiserv Price Performance
Shares of NASDAQ:FISV opened at $54.43 on Monday. The stock has a 50-day simple moving average of $57.49 and a 200-day simple moving average of $61.36. The stock has a market capitalization of $29.02 billion, a P/E ratio of 9.23, a PEG ratio of 1.52 and a beta of 0.80. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.
Fiserv (NASDAQ:FISV – Get Free Report) last posted its quarterly earnings results 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. The firm 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 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 analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.
Fiserv 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.
See Also
- Five stocks we like better than Fiserv
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
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:FISV – Free Report).
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.
