Fiserv, Inc. $FISV Position Boosted by LSV Asset Management

LSV Asset Management increased its position in Fiserv, Inc. (NASDAQ:FISV) by 462.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,028 shares of the business services provider’s stock after purchasing an additional 9,888 shares during the period. LSV Asset Management’s holdings in Fiserv were worth $1,551,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FISV. Sound Income Strategies LLC bought a new stake in shares of Fiserv in the 3rd quarter valued at approximately $28,000. True Wealth Design LLC raised its holdings in shares of Fiserv by 3,750.0% during the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after purchasing an additional 225 shares during the period. Clear Street LLC bought a new position in shares of Fiserv in the 2nd quarter worth about $34,000. Westfuller Advisors LLC acquired a new position in shares of Fiserv in the 3rd quarter valued at about $36,000. Finally, Golden State Wealth Management LLC boosted its holdings in shares of Fiserv by 960.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 244 shares of the business services provider’s stock valued at $42,000 after buying an additional 221 shares during the period. Institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on FISV shares. KeyCorp cut shares of Fiserv from an “overweight” rating to a “hold” rating in a report on Thursday, October 30th. B. Riley Securities reissued a “neutral” rating and issued a $72.00 price target (down previously from $76.00) on shares of Fiserv in a report on Wednesday, February 11th. Sanford C. Bernstein downgraded Fiserv from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $205.00 to $80.00 in a research note on Thursday, October 30th. Cantor Fitzgerald upgraded Fiserv to a “hold” rating in a research note on Tuesday, January 27th. Finally, Tigress Financial set a $95.00 price target on shares of Fiserv and gave the stock a “buy” rating in a research report on Wednesday, December 31st. Ten analysts have rated the stock with a Buy rating, twenty-five 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 an average target price of $108.97.

Insiders Place Their Bets

In other news, CFO Paul M. Todd bought 17,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were purchased at an average cost of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the acquisition, the chief financial officer directly owned 24,453 shares in the company, valued at approximately $1,526,111.73. The trade was a 228.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam L. Rosman purchased 7,900 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of $63.19 per share, with a total value of $499,201.00. Following the completion of the acquisition, the insider directly owned 61,285 shares in the company, valued at $3,872,599.15. The trade was a 14.80% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.75% of the company’s stock.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $59.36 on Tuesday. The stock has a market cap of $32.27 billion, a P/E ratio of 9.36, a P/E/G ratio of 3.39 and a beta of 0.78. The firm’s 50-day simple moving average is $65.66 and its 200 day simple moving average is $94.39. Fiserv, Inc. has a fifty-two week low of $57.79 and a fifty-two week high of $238.59. The company has a quick ratio of 1.08, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. Fiserv’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts expect that Fiserv, Inc. will post 10.23 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.