Swedbank AB Buys New Shares in Fiserv, Inc. $FISV

Swedbank AB bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,142,192 shares of the business services provider’s stock, valued at approximately $76,721,000. Swedbank AB owned approximately 0.21% of Fiserv at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. bought a new position in Fiserv in the fourth quarter valued at $3,507,063,000. Capital World Investors grew its position in Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares in the last quarter. Legal & General Group Plc grew its position in Fiserv by 3.8% in the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock valued at $469,051,000 after purchasing an additional 131,935 shares in the last quarter. Barclays PLC grew its position in shares of Fiserv by 116.0% in the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock valued at $454,982,000 after acquiring an additional 1,895,349 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Fiserv in the 4th quarter valued at about $223,136,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

NASDAQ FISV opened at $57.13 on Friday. The firm has a 50-day moving average of $57.66 and a 200-day moving average of $61.90. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $30.46 billion, a PE ratio of 9.68, a P/E/G ratio of 1.60 and a beta of 0.84. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. 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. On average, sell-side analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of analyst reports. Morgan Stanley decreased their price objective on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 28th. The Goldman Sachs Group decreased their price objective on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. B. Riley Financial decreased their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Nine analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $82.97.

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.