U.S. Capital Wealth Advisors LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 9,338 shares of the business services provider’s stock, valued at approximately $627,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in FISV. Brighton Jones LLC boosted its stake in shares of Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after acquiring an additional 2,033 shares during the period. Bison Wealth LLC boosted its stake in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC bought a new position in shares of Fiserv during the 2nd quarter worth approximately $1,001,000. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after acquiring an additional 350 shares during the period. 90.98% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
FISV has been the subject of several research analyst reports. BNP Paribas Exane reduced their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research note on Friday, April 10th. The Goldman Sachs Group reduced their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday. Truist Financial reduced their price target on Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a research note on Thursday, February 26th. Wells Fargo & Company reduced their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Finally, UBS Group reduced their price target on Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fiserv currently has an average rating of “Hold” and an average price target of $103.74.
Fiserv Stock Performance
FISV opened at $61.29 on Thursday. The business has a fifty day simple moving average of $58.90 and a 200 day simple moving average of $72.30. The company has a market capitalization of $32.73 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 1.83 and a beta of 0.79. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $221.50. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.
Fiserv (NASDAQ:FISV – Get Free Report) last released its quarterly earnings results 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 business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts expect that Fiserv, Inc. will post 10.23 EPS for the current year.
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.
Further Reading
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