Krane Funds Advisors LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,200 shares of the business services provider’s stock, valued at approximately $887,000.
A number of other institutional investors have also recently made changes to their positions in the business. Oakworth Capital Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv during the fourth quarter worth $25,000. American National Bank & Trust purchased a new stake in Fiserv in the 4th quarter valued at about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Finally, Mendota Financial Group LLC bought a new position in shares of Fiserv during the 4th quarter worth $28,000. Institutional investors own 90.98% of the company’s stock.
Wall Street Analysts Forecast Growth
FISV has been the topic of several research reports. Stephens cut their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target on the stock. in a research note on Friday. Compass Point lowered their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley upped their target price on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research report on Friday, May 29th. Finally, B. Riley Financial lowered their price target on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Nine investment 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, the stock presently has a consensus rating of “Hold” and a consensus target price of $82.23.
Fiserv Stock Performance
Shares of Fiserv stock opened at $54.43 on Monday. The stock has a market cap of $29.02 billion, a PE ratio of 9.23, a price-to-earnings-growth ratio of 1.52 and a beta of 0.80. The firm has a fifty day moving average price of $57.49 and a 200 day moving average price of $61.36. 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 current ratio of 1.06 and a quick 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 company 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%. Fiserv’s revenue 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 predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.
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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