Auxier Asset Management LLC acquired a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 47,965 shares of the business services provider’s stock, valued at approximately $3,222,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new position in Fiserv during the 3rd quarter worth approximately $30,000. WFA of San Diego LLC purchased a new position in shares of Fiserv in the 2nd quarter worth about $55,000. Oakworth Capital Inc. purchased a new position in shares of Fiserv in the 4th quarter worth about $25,000. Private Wealth Asset Management LLC purchased a new position in shares of Fiserv in the 4th quarter worth about $25,000. Finally, Goodman Advisory Group LLC bought a new stake in Fiserv in the 4th quarter valued at about $27,000. Institutional investors own 90.98% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on FISV shares. Rothschild & Co Redburn lowered their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. The Goldman Sachs Group decreased their price target on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. TD Cowen reiterated a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. Cantor Fitzgerald decreased their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Loop Capital cut their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus target price of $82.23.
Fiserv Price Performance
Shares of Fiserv stock opened at $48.77 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $26.01 billion, a PE ratio of 8.27, a P/E/G ratio of 1.39 and a beta of 0.79. The business has a 50 day moving average of $56.88 and a 200 day moving average of $60.85. Fiserv, Inc. has a 52 week low of $47.37 and a 52 week high of $177.36.
Fiserv (NASDAQ:FISV – Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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. As a group, equities research analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.
Key Headlines Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv announced insider buying after the CEO exit, which investors may view as a vote of confidence from management and a sign that some insiders believe the stock is undervalued. Article Title
- Positive Sentiment: Michael Burry reportedly bought the dip in Fiserv, reinforcing the idea that some investors see the post-exit selloff as overdone. Article Title
- Positive Sentiment: The company launched cash tender offers for outstanding senior notes and a separate €1 billion notes offering, which can be seen as a proactive effort to refinance debt, reduce interest costs, and improve balance-sheet flexibility. Article Title
- Neutral Sentiment: UBS initiated/maintained a Hold view, and Goldman Sachs also kept a Hold rating with a $70 target, suggesting analysts see value but are not yet calling for a strong rerating. Article Title Article Title
- Negative Sentiment: The sharp selloff after CEO Mike Lyons’ exit has kept pressure on the stock, with investors worried about leadership stability and the potential for a longer transition period. Article Title
About Fiserv
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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