Universal Beteiligungs und Servicegesellschaft mbH Has $74.25 Million Position in Fiserv, Inc. $FISV

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Fiserv, Inc. (NASDAQ:FISV) by 5.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 575,866 shares of the business services provider’s stock after buying an additional 27,434 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Fiserv were worth $74,246,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FISV. Chicago Partners Investment Group LLC increased its holdings in Fiserv by 88.0% in the third quarter. Chicago Partners Investment Group LLC now owns 3,769 shares of the business services provider’s stock worth $476,000 after purchasing an additional 1,764 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its stake in shares of Fiserv by 2.9% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 21,246 shares of the business services provider’s stock valued at $2,739,000 after acquiring an additional 593 shares in the last quarter. Demars Financial Group LLC acquired a new stake in Fiserv in the third quarter worth $561,000. Boomfish Wealth Group LLC increased its stake in Fiserv by 764.4% in the third quarter. Boomfish Wealth Group LLC now owns 10,381 shares of the business services provider’s stock valued at $1,338,000 after purchasing an additional 9,180 shares in the last quarter. Finally, Middleton & Co. Inc. MA boosted its position in shares of Fiserv by 12.6% during the 3rd quarter. Middleton & Co. Inc. MA now owns 52,893 shares of the business services provider’s stock worth $6,819,000 after purchasing an additional 5,909 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Down 2.7%

Fiserv stock opened at $64.49 on Wednesday. Fiserv, Inc. has a fifty-two week low of $59.56 and a fifty-two week high of $238.59. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50-day simple moving average is $65.76 and its 200 day simple moving average is $107.14. The stock has a market cap of $35.06 billion, a PE ratio of 9.97, a price-to-earnings-growth ratio of 2.72 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last announced its earnings results on Wednesday, October 29th. The business services provider reported $2.04 earnings per share for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.60). The business had revenue of $4.92 billion during the quarter, compared to analysts’ expectations of $5.37 billion. Fiserv had a return on equity of 19.47% and a net margin of 17.05%.Fiserv’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.30 EPS. Fiserv has set its FY 2025 guidance at 8.500-8.600 EPS. Research analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Insider Buying and Selling at Fiserv

In other Fiserv news, Director Lance M. Fritz bought 10,000 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was purchased at an average cost of $65.18 per share, with a total value of $651,800.00. Following the transaction, the director directly owned 13,086 shares in the company, valued at $852,945.48. This trade represents a 324.04% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam L. Rosman bought 7,900 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the purchase, the insider directly owned 61,285 shares in the company, valued at approximately $3,872,599.15. This trade represents a 14.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 34,900 shares of company stock worth $2,211,971 in the last quarter. 0.75% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on FISV. Keefe, Bruyette & Woods dropped their price target on Fiserv from $170.00 to $92.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. BNP Paribas lowered Fiserv from an “outperform” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Wednesday, November 5th. TD Cowen reduced their price target on shares of Fiserv from $80.00 to $77.00 and set a “hold” rating for the company in a research report on Monday, January 12th. JPMorgan Chase & Co. restated a “neutral” rating and set a $85.00 price target on shares of Fiserv in a research note on Thursday, December 4th. Finally, Wells Fargo & Company raised shares of Fiserv to a “hold” rating in a research report on Wednesday, October 22nd. Ten research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $112.92.

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.