Mendel Money Management Invests $556,000 in Fiserv, Inc. $FISV

Mendel Money Management purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,282 shares of the business services provider’s stock, valued at approximately $556,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Jacobsen Capital Management boosted its position in shares of Fiserv by 5.8% in the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock worth $228,000 after buying an additional 97 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its position in shares of Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares in the last quarter. Boston Trust Walden Corp boosted its position in shares of Fiserv by 1.7% in the 3rd quarter. Boston Trust Walden Corp now owns 6,446 shares of the business services provider’s stock worth $831,000 after buying an additional 108 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares in the last quarter. Finally, Quent Capital LLC boosted its position in shares of Fiserv by 5.6% in the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock worth $284,000 after buying an additional 116 shares in the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Compass Point decreased their price objective 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. Tigress Financial reiterated a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Truist Financial decreased their price objective on shares of Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday. BNP Paribas Exane decreased their price objective on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Finally, UBS Group decreased their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $92.41.

Fiserv Trading Down 1.2%

Shares of FISV stock opened at $60.84 on Friday. The firm has a market cap of $32.49 billion, a P/E ratio of 9.60, a PEG ratio of 1.91 and a beta of 0.79. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. 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 firm’s 50-day simple moving average is $59.26 and its 200-day simple moving average is $69.54.

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

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.