28,388 Shares in Fiserv, Inc. $FISV Acquired by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 28,388 shares of the business services provider’s stock, valued at approximately $1,907,000.

A number of other institutional investors also recently bought and sold shares of the company. WASHINGTON TRUST Co purchased a new stake in shares of Fiserv in the 4th quarter worth about $270,000. Forsta AP Fonden acquired a new stake in Fiserv in the 4th quarter valued at about $8,269,000. Norges Bank acquired a new stake in Fiserv in the 4th quarter valued at about $555,964,000. Eurizon Capital SGR S.p.A. acquired a new stake in Fiserv in the 4th quarter valued at about $6,798,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of Fiserv in the fourth quarter valued at about $511,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FISV has been the topic of several research reports. Cantor Fitzgerald lowered their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Stephens lowered their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Finally, Citigroup cut their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $82.80.

Fiserv Stock Performance

NASDAQ:FISV opened at $56.56 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $30.16 billion, a PE ratio of 9.59, a P/E/G ratio of 1.56 and a beta of 0.84. The firm has a 50 day simple moving average of $57.56 and a 200-day simple moving average of $61.63. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts expect that Fiserv, Inc. will post 8.14 EPS for the current 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.