Capital City Trust Co. FL Takes $1.25 Million Position in Fiserv, Inc. $FISV

Capital City Trust Co. FL purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,558 shares of the business services provider’s stock, valued at approximately $1,247,000.

A number of other institutional investors have also recently made changes to their positions in FISV. Jacobsen Capital Management raised its stake in shares of Fiserv by 5.8% during the third quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock valued at $228,000 after acquiring an additional 97 shares during the last quarter. Stonebridge Capital Advisors LLC grew its stake in shares of Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares during the last quarter. Quent Capital LLC increased its holdings in Fiserv by 5.6% during the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock valued at $284,000 after purchasing an additional 116 shares during the period. Bison Wealth LLC increased its holdings in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the period. Finally, Hemington Wealth Management raised its position in Fiserv by 16.8% during the 3rd quarter. Hemington Wealth Management now owns 1,003 shares of the business services provider’s stock valued at $129,000 after purchasing an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

FISV has been the topic of a number of recent analyst reports. Susquehanna reiterated a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday. Wells Fargo & Company decreased their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Citigroup cut their price target 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. JPMorgan Chase & Co. reduced their price objective on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, UBS Group set a $65.00 price objective on shares of Fiserv and gave the stock a “neutral” rating in a report on Wednesday. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $87.48.

Fiserv Stock Performance

Shares of Fiserv stock opened at $55.48 on Friday. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $191.91. The firm’s 50-day moving average is $59.09 and its 200 day moving average is $65.65. The stock has a market cap of $29.58 billion, a price-to-earnings ratio of 9.40, a PEG ratio of 1.76 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. 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. Sell-side analysts anticipate that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.

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.