Taylor Financial Group Inc. Invests $1.87 Million in Fiserv, Inc. $FISV

Taylor Financial Group Inc. acquired a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,846 shares of the business services provider’s stock, valued at approximately $1,870,000. Fiserv comprises 1.1% of Taylor Financial Group Inc.’s investment portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of FISV. Chicago Capital LLC bought a new stake in Fiserv during the fourth quarter worth $1,316,000. AGF Management Ltd. lifted its holdings in Fiserv by 55.4% during the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after acquiring an additional 69,383 shares during the period. National Pension Service lifted its holdings in Fiserv by 2.6% during the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after acquiring an additional 30,951 shares during the period. Machina Capital S.A.S. lifted its holdings in Fiserv by 256.8% during the third quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider’s stock worth $6,082,000 after acquiring an additional 33,949 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in Fiserv by 4.2% during the third quarter. New York State Common Retirement Fund now owns 942,817 shares of the business services provider’s stock worth $121,557,000 after acquiring an additional 38,167 shares during the period. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv Price Performance

Fiserv stock opened at $56.41 on Thursday. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. The business has a fifty day moving average price of $57.76 and a 200-day moving average price of $62.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $30.08 billion, a P/E ratio of 9.56, a PEG ratio of 1.57 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities research analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on FISV shares. Royal Bank Of Canada set a $75.00 price target on Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Loop Capital dropped their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Cantor Fitzgerald dropped their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Jefferies Financial Group lifted their price target on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. Finally, Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Fiserv presently has an average rating of “Hold” and a consensus price target of $82.97.

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.