Leonteq Securities AG Takes Position in Fiserv, Inc. $FISV

Leonteq Securities AG purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, Holdings Channel.com reports. The fund purchased 34,841 shares of the business services provider’s stock, valued at approximately $2,340,000.

A number of other large investors have also made changes to their positions in FISV. Vanguard Group Inc. purchased a new position in shares of Fiserv in the 4th quarter valued at about $3,507,063,000. Capital World Investors increased its holdings in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fiserv in the 4th quarter valued at about $223,136,000. Pittenger & Anderson Inc. purchased a new position in shares of Fiserv in the 4th quarter valued at about $193,349,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Fiserv in the 4th quarter valued at about $174,502,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Robert W. Baird set a $78.00 price target on shares of Fiserv in a report on Wednesday, May 6th. UBS Group set a $65.00 price objective on shares of Fiserv and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Susquehanna reissued a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Citigroup lowered their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Finally, Jefferies Financial Group increased their price objective on shares of Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a research note on Wednesday, January 21st. Nine analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Fiserv has an average rating of “Hold” and a consensus target price of $82.97.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $56.41 on Thursday. The stock has a market cap of $30.08 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 1.57 and a beta of 0.84. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36. The company’s 50-day moving average price is $57.76 and its 200 day moving average price is $62.01. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. 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. As a group, research analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.