SouthState Bank Corp Purchases Shares of 25,548 Fiserv, Inc. $FISV

SouthState Bank Corp purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 25,548 shares of the business services provider’s stock, valued at approximately $1,716,000.

Several other institutional investors have also added to or reduced their stakes in FISV. Vanguard Group Inc. purchased a new stake in Fiserv during the 4th quarter valued at $3,507,063,000. Geode Capital Management LLC purchased a new stake in Fiserv during the 4th quarter valued at $854,215,000. Norges Bank purchased a new stake in Fiserv during the 4th quarter valued at $555,964,000. Capital World Investors boosted its position in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after buying an additional 6,714,536 shares during the period. Finally, Legal & General Group Plc purchased a new stake in Fiserv during the 4th quarter valued at $250,877,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $54.43 on Monday. 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 12 month low of $52.17 and a 12 month high of $177.36. The firm has a market capitalization of $29.02 billion, a PE ratio of 9.23, a price-to-earnings-growth ratio of 1.52 and a beta of 0.80. The firm has a fifty day simple moving average of $57.49 and a two-hundred day simple moving average of $61.36.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping 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 analyst estimates of $4.73 billion. The firm’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. Equities analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Mizuho dropped their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. BMO Capital Markets increased their price target on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday, May 15th. TD Cowen reissued a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. Stephens dropped their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Finally, BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target for the company. in a research report on Friday. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average price target of $82.23.

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.