Pacer Advisors Inc. Buys Shares of 55,633 Fiserv, Inc. $FISV

Pacer Advisors Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 55,633 shares of the business services provider’s stock, valued at approximately $3,737,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. acquired a new position in Fiserv during the fourth quarter valued at $3,507,063,000. Dodge & Cox acquired a new stake in Fiserv during the 4th quarter worth about $3,323,210,000. State Street Corp purchased a new position in Fiserv during the 4th quarter valued at about $1,588,663,000. Geode Capital Management LLC purchased a new position in Fiserv during the 4th quarter valued at about $854,215,000. Finally, Amundi acquired a new position in shares of Fiserv in the 4th quarter valued at about $825,819,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling at Fiserv

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the acquisition, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on FISV shares. Keefe, Bruyette & Woods decreased their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Susquehanna reiterated a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Tigress Financial reiterated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald lowered their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Nine research 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. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $82.23.

Fiserv Trading Down 1.4%

Shares of NASDAQ FISV opened at $47.18 on Tuesday. The business has a 50 day simple moving average of $56.37 and a 200 day simple moving average of $60.53. Fiserv, Inc. has a 52 week low of $47.04 and a 52 week high of $177.36. The stock has a market cap of $25.16 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 1.34 and a beta of 0.80. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.67 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 company’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. On average, research analysts predict that Fiserv, Inc. will post 8.14 earnings per share 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.