National Pension Service Purchases Shares of 978,757 Fiserv, Inc. $FISV

National Pension Service purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 978,757 shares of the business services provider’s stock, valued at approximately $65,743,000. National Pension Service owned about 0.18% of Fiserv at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Operose Advisors LLC acquired a new stake in shares of Fiserv during the 4th quarter worth about $568,000. Basepoint Wealth LLC acquired a new stake in shares of Fiserv during the 4th quarter worth about $71,000. Rothschild Investment LLC acquired a new stake in shares of Fiserv during the 4th quarter worth about $117,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Fiserv during the 4th quarter worth about $23,103,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Fiserv during the 4th quarter worth about $3,016,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Loop Capital cut their target price on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Tigress Financial restated a “buy” rating and set a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Truist Financial set a $58.00 target price on shares of Fiserv and gave the stock a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Finally, TD Cowen reiterated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and an average target price of $82.80.

Fiserv Price Performance

Shares of Fiserv stock opened at $56.56 on Friday. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a 50-day simple moving average of $57.56 and a two-hundred day simple moving average of $61.63. The stock has a market capitalization of $30.16 billion, a price-to-earnings ratio of 9.59, a price-to-earnings-growth ratio of 1.58 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 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 firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current year.

About Fiserv

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.