Hunter Associates Investment Management LLC Acquires New Holdings in Fiserv, Inc. $FISV

Hunter Associates Investment Management LLC acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,570 shares of the business services provider’s stock, valued at approximately $2,590,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital World Investors raised 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 worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the period. Barclays PLC raised its position in Fiserv by 116.0% in the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares during the period. Worldquant Millennium Advisors LLC raised its position in Fiserv by 2,134.9% in the second quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock worth $171,215,000 after acquiring an additional 948,634 shares during the period. Vulcan Value Partners LLC bought a new position in Fiserv in the third quarter worth approximately $103,398,000. Finally, Ameriprise Financial Inc. raised its position in Fiserv by 32.5% in the second quarter. Ameriprise Financial Inc. now owns 2,571,490 shares of the business services provider’s stock worth $443,349,000 after acquiring an additional 630,401 shares during the period. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

FISV has been the topic of several recent research reports. Loop Capital initiated coverage on shares of Fiserv in a research report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price target on the stock. Compass Point decreased their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. BNP Paribas Exane increased their price target on shares of Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Finally, Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned 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 a consensus price target of $105.59.

Fiserv Stock Performance

Shares of NASDAQ FISV opened at $55.32 on Wednesday. The firm has a fifty day moving average price of $59.39 and a 200-day moving average price of $74.92. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $29.58 billion, a PE ratio of 8.73, a price-to-earnings-growth ratio of 1.74 and a beta of 0.79. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $221.50.

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

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.