World Investment Advisors purchased a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 57,056 shares of the business services provider’s stock, valued at approximately $3,832,000.
Several other institutional investors and hedge funds have also recently modified their holdings of FISV. Oakworth Capital Inc. purchased a new position in shares of Fiserv during the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC purchased a new position in shares of Fiserv during the 4th quarter valued at about $25,000. American National Bank & Trust purchased a new position in shares of Fiserv during the 4th quarter valued at about $27,000. Kimelman & Baird LLC purchased a new position in shares of Fiserv during the 4th quarter valued at about $27,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Fiserv during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the company. Tigress Financial reissued a “buy” rating and set a $95.00 price objective on shares of Fiserv in a report on Wednesday, March 11th. UBS Group set a $65.00 price objective on Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Morgan Stanley raised their price objective on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. BMO Capital Markets lifted their price target 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, Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $82.23.
Fiserv Price Performance
Shares of Fiserv stock opened at $53.78 on Friday. 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 business’s 50 day simple moving average is $57.33 and its two-hundred day simple moving average is $61.10. The stock has a market capitalization of $28.68 billion, a P/E ratio of 9.12, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. Fiserv, Inc. has a one year low of $51.78 and a one year high of $177.36.
Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts forecast 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.
Featured Articles
- Five stocks we like better than Fiserv
- TJX: Retail’s Apex Predator Feasts on Inflation
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.
