9,771 Shares in Fiserv, Inc. $FISV Bought by Moran Wealth Management LLC

Moran Wealth Management LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel reports. The fund bought 9,771 shares of the business services provider’s stock, valued at approximately $656,000.

Other hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC purchased a new position in Fiserv during the 3rd quarter valued at $28,000. True Wealth Design LLC increased its position in Fiserv by 3,750.0% during the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 225 shares during the period. Redmont Wealth Advisors LLC purchased a new position in Fiserv during the 3rd quarter valued at $30,000. Westfuller Advisors LLC purchased a new position in Fiserv during the 3rd quarter valued at $36,000. Finally, WFA of San Diego LLC purchased a new position in Fiserv during the 2nd quarter valued at $55,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv Stock Performance

FISV opened at $64.14 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market cap of $34.25 billion, a price-to-earnings ratio of 10.12, a PEG ratio of 1.98 and a beta of 0.79. The company’s 50 day moving average is $59.14 and its 200 day moving average is $70.55. Fiserv, Inc. has a 12-month low of $52.91 and a 12-month high of $221.50.

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 analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts predict that Fiserv, Inc. will post 8.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FISV. BNP Paribas Exane reduced their price objective on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. UBS Group cut their price objective on Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Keefe, Bruyette & Woods cut their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. reduced their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $102.20.

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.