Crestwood Advisors Group LLC Invests $3.52 Million in Fiserv, Inc. $FISV

Crestwood Advisors Group LLC acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 52,330 shares of the business services provider’s stock, valued at approximately $3,515,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FISV. Redmont Wealth Advisors LLC bought a new position in Fiserv during the 3rd quarter valued at about $30,000. Westfuller Advisors LLC bought a new position in Fiserv during the 3rd quarter valued at about $36,000. WFA of San Diego LLC bought a new position in Fiserv during the 2nd quarter valued at about $55,000. Oakworth Capital Inc. bought a new position in Fiserv during the 4th quarter valued at about $25,000. Finally, American National Bank & Trust bought a new position in Fiserv during the 4th quarter valued at about $27,000. 90.98% of the stock is owned by institutional investors.

Fiserv Trading Down 2.3%

Shares of NASDAQ FISV 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 company has a market cap of $29.58 billion, a PE ratio of 9.40, a P/E/G ratio of 1.76 and a beta of 0.84. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 1.06. The company has a 50-day moving average of $59.09 and a two-hundred day moving average of $65.65.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FISV. BMO Capital Markets began coverage on shares of Fiserv in a report on Tuesday, April 21st. They set a “market perform” rating and a $65.00 price target for the company. Compass Point cut their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday. Citigroup cut their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Finally, Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Eight research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $87.48.

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.