Headinvest LLC Makes New Investment in Fiserv, Inc. $FISV

Headinvest LLC purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,995 shares of the business services provider’s stock, valued at approximately $3,694,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nordea Investment Management AB raised its stake in shares of Fiserv by 4.1% in the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after purchasing an additional 78,220 shares during the last quarter. Chicago Capital LLC purchased a new stake in shares of Fiserv in the fourth quarter worth approximately $1,316,000. AGF Management Ltd. raised its stake in shares of Fiserv by 55.4% in the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after purchasing an additional 69,383 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of Fiserv by 3.9% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock worth $362,128,000 after purchasing an additional 109,427 shares during the last quarter. Finally, National Pension Service raised its stake in shares of Fiserv by 2.6% in the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after purchasing an additional 30,951 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of FISV opened at $62.14 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $33.18 billion, a price-to-earnings ratio of 9.80, a PEG ratio of 1.93 and a beta of 0.84. The stock has a 50 day moving average of $59.26 and a 200 day moving average of $67.00. Fiserv, Inc. has a 12 month low of $52.91 and a 12 month high of $191.91.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.Fiserv’s revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts forecast that Fiserv, Inc. will post 8.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FISV. Keefe, Bruyette & Woods lowered their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. TD Cowen reissued a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Zacks Research raised Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Finally, Compass Point lowered their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Fiserv currently has a consensus rating of “Hold” and a consensus price target of $92.41.

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.