Settian Capital LP Acquires Shares of 36,000 Fiserv, Inc. $FISV

Settian Capital LP acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel reports. The firm acquired 36,000 shares of the business services provider’s stock, valued at approximately $2,418,000. Fiserv comprises approximately 1.6% of Settian Capital LP’s portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new position in shares of Fiserv in the 3rd quarter worth about $30,000. Westfuller Advisors LLC purchased a new position in shares of Fiserv in the 3rd quarter worth about $36,000. 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. Finally, American National Bank & Trust purchased a new position in shares of Fiserv in the 4th quarter worth about $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FISV has been the topic of a number of research analyst reports. Morgan Stanley cut their price target on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. Keefe, Bruyette & Woods cut their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. BNP Paribas Exane cut their price target on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Citigroup cut their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, Compass Point cut their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Fiserv currently has an average rating of “Hold” and an average price target of $87.21.

Fiserv Trading Down 2.0%

Shares of Fiserv stock opened at $54.39 on Tuesday. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91. The stock’s 50-day simple moving average is $58.82 and its 200 day simple moving average is $64.67. The stock has a market capitalization of $29.00 billion, a P/E ratio of 9.22, a P/E/G ratio of 1.72 and a beta of 0.84. 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) 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 analysts’ consensus estimates 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 $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s quarterly 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. As a group, research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

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.