M. Kraus & Co Makes New Investment in Fiserv, Inc. $FISV

M. Kraus & Co bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 27,326 shares of the business services provider’s stock, valued at approximately $1,835,000.

Other hedge funds have also added to or reduced their stakes in the company. Capital World Investors grew its holdings in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares in the last quarter. Barclays PLC grew its holdings in Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares in the last quarter. Worldquant Millennium Advisors LLC grew its holdings in Fiserv by 2,134.9% during the second quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock worth $171,215,000 after buying an additional 948,634 shares in the last quarter. Vulcan Value Partners LLC bought a new stake in Fiserv during the third quarter worth $103,398,000. Finally, Ameriprise Financial Inc. grew its holdings in Fiserv by 32.5% during the second quarter. Ameriprise Financial Inc. now owns 2,571,490 shares of the business services provider’s stock worth $443,349,000 after buying an additional 630,401 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Down 1.8%

FISV stock opened at $55.32 on Wednesday. The stock’s fifty day simple moving average is $59.39 and its two-hundred day simple moving average is $74.92. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $221.50. The stock has a market cap of $29.58 billion, a P/E ratio of 8.73, a P/E/G 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 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 business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the firm earned $2.51 earnings per share. The business’s revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts expect that Fiserv, Inc. will post 10.23 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FISV shares. Morgan Stanley set a $64.00 price target on Fiserv in a report on Wednesday, February 11th. Wells Fargo & Company cut their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Compass Point cut their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Tigress Financial reissued a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $105.59.

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.