Fiserv, Inc. $FISV Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. cut its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 50.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,645 shares of the business services provider’s stock after selling 13,666 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Fiserv were worth $761,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FISV. Hudson Edge Investment Partners Inc. increased its stake in Fiserv by 18.4% in the 1st quarter. Hudson Edge Investment Partners Inc. now owns 118,898 shares of the business services provider’s stock worth $6,635,000 after purchasing an additional 18,483 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of Fiserv by 11.1% in the first quarter. Koshinski Asset Management Inc. now owns 3,738 shares of the business services provider’s stock worth $209,000 after buying an additional 374 shares during the period. QRG Capital Management Inc. increased its position in shares of Fiserv by 86.2% in the first quarter. QRG Capital Management Inc. now owns 34,932 shares of the business services provider’s stock worth $1,949,000 after acquiring an additional 16,172 shares in the last quarter. PFG Investments LLC increased its position in shares of Fiserv by 53.4% in the first quarter. PFG Investments LLC now owns 6,348 shares of the business services provider’s stock worth $354,000 after acquiring an additional 2,209 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Fiserv by 28.5% during the first quarter. Private Advisor Group LLC now owns 22,126 shares of the business services provider’s stock valued at $1,235,000 after acquiring an additional 4,911 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Rothschild & Co Redburn cut their target price on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. Citigroup reduced their target price on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Tigress Financial reaffirmed a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group lowered their price target on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Fiserv presently has an average rating of “Hold” and an average target price of $82.23.

Fiserv Price Performance

FISV stock opened at $52.33 on Friday. The company has a 50 day moving average of $54.24 and a two-hundred day moving average of $59.49. The company has a market cap of $27.90 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 1.46 and a beta of 0.82. Fiserv, Inc. has a 12-month low of $47.04 and a 12-month high of $175.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The firm’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. On average, equities analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Insider Transactions at Fiserv

In other news, CFO Paul M. Todd bought 10,060 shares of the stock in a transaction on Wednesday, June 17th. The shares were purchased at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.06% of the company’s stock.

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.