J. Safra Sarasin Holding AG Takes $791,000 Position in Fiserv, Inc. $FISV

J. Safra Sarasin Holding AG bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,189 shares of the business services provider’s stock, valued at approximately $791,000.

Several other institutional investors have also bought and sold shares of FISV. Oakworth Capital Inc. acquired a new position in Fiserv during the fourth quarter worth $25,000. Private Wealth Asset Management LLC acquired a new stake in shares of Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust bought a new stake in shares of Fiserv in the 4th quarter worth about $27,000. Kimelman & Baird LLC bought a new stake in shares of Fiserv in the 4th quarter worth about $27,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Fiserv during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Down 3.2%

FISV stock opened at $49.54 on Wednesday. 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, Inc. has a twelve month low of $47.04 and a twelve month high of $168.01. The company has a market cap of $26.42 billion, a P/E ratio of 8.40, a PEG ratio of 1.43 and a beta of 0.82. The business has a fifty day moving average of $52.86 and a 200-day moving average of $58.59.

Fiserv (NASDAQ:FISV) last posted 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 business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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. As a group, equities research analysts expect that Fiserv, Inc. will post 8.13 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FISV shares. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their price objective on shares of Fiserv from $75.00 to $62.00 and set a “neutral” rating for the company in a report on Wednesday, July 8th. Raymond James Financial reiterated a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. UBS Group set a $65.00 target price on Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Loop Capital decreased their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Seven investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Fiserv has a consensus rating of “Hold” and an average price target of $77.23.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd bought 10,060 shares of Fiserv stock in a transaction dated Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the purchase, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.06% of the company’s stock.

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.