Sierra Legacy Group Takes $603,000 Position in Fiserv, Inc. $FISV

Sierra Legacy Group purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,975 shares of the business services provider’s stock, valued at approximately $603,000.

Other large investors have also recently added to or reduced their stakes in the company. American National Bank & Trust purchased a new position in Fiserv in the fourth quarter valued at about $27,000. Sound Income Strategies LLC purchased a new stake in shares of Fiserv in the third quarter worth about $28,000. Mendota Financial Group LLC acquired a new stake in shares of Fiserv in the fourth quarter valued at about $28,000. True Wealth Design LLC grew its stake in shares of Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after buying an additional 225 shares in the last quarter. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Fiserv during the 3rd quarter valued at about $30,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

FISV has been the topic of several recent research reports. Truist Financial reduced their price target on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. B. Riley Financial dropped their price objective on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Wells Fargo & Company reduced their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. JPMorgan Chase & Co. decreased their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, UBS Group lowered their price target on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $106.13.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $56.16 on Friday. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $222.62. The business has a 50 day moving average price of $59.83 and a two-hundred day moving average price of $76.40. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a market cap of $30.03 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 1.74 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the previous year, the business earned $2.51 EPS. Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts expect that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Fiserv Company 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.