Natixis Advisors LLC Has $42.73 Million Stake in Fiserv, Inc. $FISV

Natixis Advisors LLC lowered its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 29.8% during the third quarter, HoldingsChannel.com reports. The fund owned 331,425 shares of the business services provider’s stock after selling 140,945 shares during the quarter. Natixis Advisors LLC’s holdings in Fiserv were worth $42,730,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vise Technologies Inc. acquired a new position in Fiserv in the second quarter valued at approximately $2,320,000. Factory Mutual Insurance Co. grew its position in shares of Fiserv by 11.7% during the 2nd quarter. Factory Mutual Insurance Co. now owns 157,000 shares of the business services provider’s stock worth $27,068,000 after buying an additional 16,500 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co increased its stake in shares of Fiserv by 236.6% in the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider’s stock valued at $1,386,000 after acquiring an additional 5,649 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Fiserv by 4.1% in the 3rd quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock valued at $258,854,000 after acquiring an additional 78,220 shares in the last quarter. Finally, Investment Management Corp of Ontario lifted its position in shares of Fiserv by 115.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 50,609 shares of the business services provider’s stock valued at $8,725,000 after acquiring an additional 27,107 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FISV shares. B. Riley Financial cut their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Jefferies Financial Group upped their price objective on shares of Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. UBS Group cut their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Compass Point decreased their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. dropped their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $109.74.

Fiserv Stock Down 2.9%

Fiserv stock opened at $61.29 on Tuesday. The firm has a market capitalization of $32.78 billion, a price-to-earnings ratio of 9.67, a price-to-earnings-growth ratio of 1.94 and a beta of 0.76. The firm’s fifty day moving average price is $63.88 and its two-hundred day moving average price is $86.62. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $227.00. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts predict that Fiserv, Inc. will post 10.23 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.