Fiserv, Inc. $FISV Stock Holdings Trimmed by Kentucky Retirement Systems

Kentucky Retirement Systems lowered its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 37.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,296 shares of the business services provider’s stock after selling 12,667 shares during the quarter. Kentucky Retirement Systems’ holdings in Fiserv were worth $1,258,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. WFA of San Diego LLC acquired a new position in shares of Fiserv in the 2nd quarter worth approximately $55,000. Oakworth Capital Inc. acquired a new stake in shares of Fiserv during the 4th quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the fourth quarter worth $25,000. Goodman Advisory Group LLC bought a new position in Fiserv during the fourth quarter worth $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in Fiserv in the fourth quarter worth $27,000. Institutional investors own 90.98% of the company’s stock.

Insider Activity at Fiserv

In other news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

FISV has been the topic of a number of research reports. B. Riley Financial dropped their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Wells Fargo & Company set a $56.00 price objective on shares of Fiserv and gave the company an “equal weight” rating in a research report on Thursday, July 9th. BNP Paribas Exane lowered shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective on the stock. in a research note on Friday, June 5th. Finally, Susquehanna reissued a “positive” rating and issued a $91.00 target price (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Fiserv has a consensus rating of “Hold” and a consensus target price of $76.57.

Fiserv Stock Down 0.2%

Fiserv stock opened at $53.94 on Friday. The company has a 50-day simple moving average of $51.97 and a 200-day simple moving average of $57.22. The firm has a market capitalization of $28.76 billion, a P/E ratio of 9.14, a P/E/G ratio of 1.52 and a beta of 0.82. 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, Inc. has a one year low of $47.04 and a one year high of $141.38.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data 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 firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’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. As a group, equities analysts expect that Fiserv, Inc. will post 8.13 earnings per share 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.