King Luther Capital Management Corp Takes Position in Fiserv, Inc. $FISV

King Luther Capital Management Corp purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 15,308 shares of the business services provider’s stock, valued at approximately $1,028,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC grew its stake in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC grew its stake in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after buying an additional 483 shares during the last quarter. Jump Financial LLC purchased a new position in Fiserv during the 2nd quarter worth $1,001,000. Finally, Gamco Investors INC. ET AL grew its stake in Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after buying an additional 350 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Morgan Stanley boosted their target price on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. UBS Group set a $65.00 target price on Fiserv and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. BMO Capital Markets boosted their target price on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, May 15th. Finally, Tigress Financial restated a “buy” rating and set a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $82.80.

Fiserv Stock Up 1.3%

Fiserv stock opened at $56.56 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The business’s 50-day simple moving average is $57.56 and its two-hundred day simple moving average is $61.63. The company has a market cap of $30.16 billion, a PE ratio of 9.59, a PEG ratio of 1.56 and a beta of 0.84. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion for 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 was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Fiserv 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.