40,000 Shares in Fiserv, Inc. $FISV Bought by Granby Capital Management LLC

Granby Capital Management LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,000 shares of the business services provider’s stock, valued at approximately $2,687,000. Fiserv makes up about 1.4% of Granby Capital Management LLC’s holdings, making the stock its 13th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Blair William & Co. IL purchased a new stake in Fiserv during the fourth quarter worth $38,192,000. Kidder Stephen W purchased a new stake in Fiserv during the fourth quarter worth $4,476,000. Sovereign s Capital Management LLC purchased a new position in Fiserv during the fourth quarter valued at $6,713,000. Royal Bank of Canada purchased a new position in Fiserv during the fourth quarter valued at $121,905,000. Finally, Graham Capital Management L.P. purchased a new position in Fiserv during the fourth quarter valued at $2,517,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
• Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
• Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
• Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
• Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title

Fiserv Stock Performance

NASDAQ:FISV opened at $49.83 on Wednesday. The company’s 50-day moving average price is $57.04 and its 200-day moving average price is $60.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $26.57 billion, a P/E ratio of 8.45, a P/E/G ratio of 1.34 and a beta of 0.79. Fiserv, Inc. has a twelve month low of $47.37 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm 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%. Fiserv’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. On average, sell-side analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FISV. Loop Capital decreased their price objective on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a report on Wednesday, May 6th. Wells Fargo & Company decreased their price objective on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, March 27th. BNP Paribas Exane downgraded shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective on the stock. in a report on Friday, June 5th. Finally, Citigroup decreased their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Nine equities 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 target price of $82.23.

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.