SG Americas Securities LLC Acquires New Holdings in Fiserv, Inc. $FISV

SG Americas Securities LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 653,231 shares of the business services provider’s stock, valued at approximately $36,450,000. SG Americas Securities LLC owned 0.12% of Fiserv at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FISV. Brighton Jones LLC lifted its holdings 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 period. Bison Wealth LLC increased its stake in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after buying an additional 483 shares during the period. Jump Financial LLC bought a new position in shares of Fiserv during the second quarter worth about $1,001,000. Finally, Gamco Investors INC. ET AL lifted its stake in shares of Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after acquiring an additional 350 shares during the period. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on FISV shares. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Susquehanna reissued a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. The Goldman Sachs Group dropped their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, 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 research report on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $82.23.

Insider Buying and Selling at Fiserv

In related news, CFO Paul M. Todd bought 10,060 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents 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 owned by corporate insiders.

Fiserv Trading Up 0.3%

NASDAQ:FISV opened at $47.30 on Wednesday. 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 firm has a 50-day moving average of $56.20 and a 200-day moving average of $60.40. The company has a market cap of $25.22 billion, a PE ratio of 8.02, a PEG ratio of 1.32 and a beta of 0.79. Fiserv, Inc. has a one year low of $47.04 and a one year high of $177.36.

Fiserv (NASDAQ:FISV) last announced 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 $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’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, equities research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal 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.