Virtu Financial LLC Takes Position in Fiserv, Inc. $FISV

Virtu Financial LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,318 shares of the business services provider’s stock, valued at approximately $1,230,000.

Other hedge funds have also made changes to their positions in the company. WFA of San Diego LLC acquired a new position in shares of Fiserv in the second quarter valued at approximately $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv during the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv during the 4th quarter worth approximately $25,000. Goodman Advisory Group LLC purchased a new position in Fiserv in the 4th quarter valued at approximately $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in shares of Fiserv in the fourth quarter worth $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling

In related news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average cost 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 approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.06% of the stock is owned by corporate insiders.

Fiserv Stock Performance

Shares of FISV stock opened at $47.86 on Friday. The company has a market cap of $25.52 billion, a P/E ratio of 8.11, a PEG ratio of 1.34 and a beta of 0.79. The firm has a fifty day moving average price of $56.56 and a 200 day moving average price of $60.66. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a 12 month low of $47.37 and a 12 month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly 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 $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. The Goldman Sachs Group cut their price objective on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Rothschild & Co Redburn lowered their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. Robert W. Baird set a $78.00 price target on Fiserv in a report on Wednesday, May 6th. Keefe, Bruyette & Woods reduced their price target on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Finally, Citigroup decreased their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Nine 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $82.23.

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.