Prescott Group Capital Management L.L.C. Takes $4.20 Million Position in Fiserv, Inc. $FISV

Prescott Group Capital Management L.L.C. acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 62,564 shares of the business services provider’s stock, valued at approximately $4,202,000.

Several other institutional investors and hedge funds have also made changes to their positions in FISV. Chicago Capital LLC bought a new stake in Fiserv during the fourth quarter worth approximately $1,316,000. AGF Management Ltd. boosted its holdings in Fiserv by 55.4% during the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after buying an additional 69,383 shares in the last quarter. National Pension Service boosted its holdings in Fiserv by 2.6% during the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after buying an additional 30,951 shares in the last quarter. Machina Capital S.A.S. boosted its holdings in Fiserv by 256.8% during the third quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider’s stock worth $6,082,000 after buying an additional 33,949 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in Fiserv by 4.2% during the third quarter. New York State Common Retirement Fund now owns 942,817 shares of the business services provider’s stock worth $121,557,000 after buying an additional 38,167 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FISV has been the subject of a number of research reports. Morgan Stanley reduced their target price on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a report on Tuesday, April 28th. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Cantor Fitzgerald decreased their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Jefferies Financial Group raised their price objective on shares of Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Finally, B. Riley Financial decreased their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Nine 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 an average target price of $82.97.

Fiserv Stock Up 0.7%

Fiserv stock opened at $56.41 on Thursday. The company has a market capitalization of $30.08 billion, a P/E ratio of 9.56, a P/E/G ratio of 1.57 and a beta of 0.84. The firm’s fifty day simple moving average is $57.76 and its 200-day simple moving average is $62.01. 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, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36.

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