Fiserv, Inc. $FISV Shares Bought by Nutshell Asset Management Ltd

Nutshell Asset Management Ltd lifted its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 43.2% during the third quarter, HoldingsChannel reports. The firm owned 26,500 shares of the business services provider’s stock after purchasing an additional 8,000 shares during the quarter. Fiserv comprises about 1.6% of Nutshell Asset Management Ltd’s holdings, making the stock its 17th largest holding. Nutshell Asset Management Ltd’s holdings in Fiserv were worth $3,417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC purchased a new stake in Fiserv during the 3rd quarter worth $28,000. True Wealth Design LLC lifted its holdings in Fiserv by 3,750.0% in the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after buying an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new position in Fiserv in the 3rd quarter valued at about $30,000. Clear Street LLC acquired a new stake in shares of Fiserv during the second quarter valued at about $34,000. Finally, Westfuller Advisors LLC acquired a new stake in shares of Fiserv during the third quarter valued at about $36,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Morgan Stanley set a $64.00 price target on Fiserv in a research note on Wednesday, February 11th. BNP Paribas Exane raised their price objective on Fiserv from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. Jefferies Financial Group lifted their price objective on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. B. Riley Financial cut their target price on Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. Finally, Tigress Financial set a $95.00 price target on shares of Fiserv and gave the stock a “buy” rating in a research report on Wednesday, December 31st. Ten research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv has an average rating of “Hold” and an average price target of $109.74.

Fiserv Stock Down 1.1%

NASDAQ:FISV opened at $63.16 on Monday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $33.78 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 1.94 and a beta of 0.77. Fiserv, Inc. has a one year low of $57.79 and a one year high of $227.00. The stock has a 50-day simple moving average of $64.00 and a 200 day simple moving average of $87.17.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal 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.