Kestra Advisory Services LLC Boosts Holdings in Fiserv, Inc. $FISV

Kestra Advisory Services LLC grew its stake in Fiserv, Inc. (NASDAQ:FISV) by 38.7% during the 1st quarter, Holdings Channel reports. The firm owned 76,593 shares of the business services provider’s stock after purchasing an additional 21,363 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fiserv were worth $4,274,000 at the end of the most recent reporting period.

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

Fiserv Price Performance

NASDAQ:FISV opened at $51.72 on Friday. Fiserv, Inc. has a one year low of $47.04 and a one year high of $168.01. 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 $27.58 billion, a PE ratio of 8.77, a P/E/G ratio of 1.41 and a beta of 0.82. The stock has a 50 day moving average price of $52.64 and a 200 day moving average price of $58.35.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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. Equities research analysts expect that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.

Insider Activity at Fiserv

In other news, CFO Paul M. Todd purchased 10,060 shares of the stock in a transaction dated Wednesday, June 17th. The shares were purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the transaction, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on FISV shares. Barclays started coverage on Fiserv in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $58.00 target price on the stock. Deutsche Bank Aktiengesellschaft reduced their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Robert W. Baird set a $78.00 price objective on Fiserv in a report on Wednesday, May 6th. Weiss Ratings cut shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, June 12th. Finally, Mizuho reduced their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $77.23.

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.