89,000 Shares in Fiserv, Inc. $FISV Bought by Stieven Capital Advisors L.P.

Stieven Capital Advisors L.P. bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The firm bought 89,000 shares of the business services provider’s stock, valued at approximately $5,978,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in Fiserv in the 3rd quarter worth $30,000. Westfuller Advisors LLC acquired a new position in Fiserv in the 3rd quarter worth $36,000. WFA of San Diego LLC acquired a new position in Fiserv in the 2nd quarter worth $55,000. Oakworth Capital Inc. acquired a new position in Fiserv in the 4th quarter worth $25,000. Finally, Kimelman & Baird LLC acquired a new position in Fiserv in the 4th quarter worth $27,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Up 2.3%

Shares of FISV stock opened at $57.13 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day moving average is $57.66 and its 200-day moving average is $61.90. The stock has a market cap of $30.46 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.56 and a beta of 0.84. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36.

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, beating analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for 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 was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FISV. Wells Fargo & Company reduced their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Citigroup reduced their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Stephens reduced their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley reduced their price objective on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 28th. Finally, Loop Capital reduced their price objective on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average price target of $82.97.

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.