Vulcan Value Partners LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 1,437,643 shares of the business services provider’s stock, valued at approximately $96,507,000. Fiserv comprises 1.7% of Vulcan Value Partners LLC’s portfolio, making the stock its 17th biggest holding.
A number of other institutional investors and hedge funds have also bought and sold shares of FISV. Brighton Jones LLC increased its position in Fiserv by 91.9% during the fourth 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 increased its position in Fiserv by 5.3% during the fourth 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. increased its position in Fiserv by 21.0% during the second 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 Fiserv during the second quarter worth $1,001,000. Finally, Gamco Investors INC. ET AL increased its position in Fiserv by 7.2% during the second 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. Institutional investors own 90.98% of the company’s stock.
Wall Street Analyst Weigh In
FISV has been the topic of a number of research reports. Truist Financial set a $58.00 target price on shares of Fiserv and gave the stock a “hold” rating in a research report on Friday, May 29th. Loop Capital dropped their target price on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Cantor Fitzgerald dropped their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $82.23.
Fiserv Trading Down 3.2%
Shares of Fiserv stock opened at $54.43 on Friday. The firm has a market capitalization of $29.02 billion, a PE ratio of 9.23, a price-to-earnings-growth ratio of 1.57 and a beta of 0.79. 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 company’s fifty day moving average price is $57.49 and its two-hundred day moving average price is $61.37. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36.
Fiserv (NASDAQ:FISV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’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. On average, analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.
Fiserv Company 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.
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