1,060,395 Shares in Fiserv, Inc. $FISV Bought by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) in the 4th quarter, Holdings Channel.com reports. The firm purchased 1,060,395 shares of the business services provider’s stock, valued at approximately $71,358,000.

Other institutional investors also recently made changes to their positions in the company. Jacobsen Capital Management raised its position in shares of Fiserv by 5.8% during the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock worth $228,000 after purchasing an additional 97 shares during the period. Stonebridge Capital Advisors LLC grew its stake in Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the last quarter. Quent Capital LLC grew its stake in Fiserv by 5.6% during the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock worth $284,000 after buying an additional 116 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. Finally, Cornerstone Planning Group LLC grew its position in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after acquiring an additional 158 shares during the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Down 4.6%

FISV stock opened at $52.37 on Thursday. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $191.28. The company has a market capitalization of $27.93 billion, a price-to-earnings ratio of 8.88, a price-to-earnings-growth ratio of 1.74 and a beta of 0.84. The firm’s 50-day moving average is $58.48 and its two-hundred day moving average is $63.67. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISVGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

Analysts Set New Price Targets

Several brokerages recently weighed in on FISV. B. Riley Financial cut their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Mizuho dropped their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Jefferies Financial Group increased their price objective on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. Finally, Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average price target of $83.57.

Check Out Our Latest Analysis on Fiserv

About Fiserv

(Free Report)

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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