Robinson Value Management Ltd. Invests $2.47 Million in Fiserv, Inc. $FISV

Robinson Value Management Ltd. acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISVFree Report) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 44,278 shares of the business services provider’s stock, valued at approximately $2,471,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. boosted its position in shares of Fiserv by 20.7% during the first quarter. Geneos Wealth Management Inc. now owns 2,512 shares of the business services provider’s stock worth $140,000 after buying an additional 430 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Fiserv by 14.1% in the 1st quarter. Sanctuary Advisors LLC now owns 16,908 shares of the business services provider’s stock valued at $943,000 after buying an additional 2,085 shares during the period. AMG National Trust Bank lifted its stake in Fiserv by 6.7% during the 1st quarter. AMG National Trust Bank now owns 16,020 shares of the business services provider’s stock worth $894,000 after acquiring an additional 1,000 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Fiserv during the 1st quarter worth about $2,884,000. Finally, Principal Financial Group Inc. boosted its holdings in Fiserv by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 641,811 shares of the business services provider’s stock valued at $35,813,000 after acquiring an additional 12,777 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was bought at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on FISV shares. Wells Fargo & Company set a $56.00 target price on Fiserv and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Cantor Fitzgerald reduced their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. lowered their price objective on shares of Fiserv from $75.00 to $62.00 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Susquehanna restated a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Finally, Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $77.23.

View Our Latest Analysis on Fiserv

Fiserv Price Performance

Shares of NASDAQ FISV opened at $50.36 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $26.85 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 1.39 and a beta of 0.82. The stock’s 50-day moving average is $52.74 and its two-hundred day moving average is $58.46. Fiserv, Inc. has a 1-year low of $47.04 and a 1-year high of $168.01.

Fiserv (NASDAQ:FISVGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.73 billion. 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. Analysts forecast that Fiserv, Inc. will post 8.13 EPS for the current fiscal 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.

See Also

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)

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