Ethic Inc. Acquires Shares of 86,274 Fiserv, Inc. $FISV

Ethic Inc. bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel.com reports. The firm bought 86,274 shares of the business services provider’s stock, valued at approximately $5,795,000.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. bought a new position in Fiserv in the 4th quarter worth approximately $3,507,063,000. Capital World Investors lifted its holdings in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares in the last quarter. Legal & General Group Plc boosted its position in Fiserv by 3.8% in the 3rd quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock valued at $469,051,000 after buying an additional 131,935 shares during the last quarter. Barclays PLC increased its stake 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 buying an additional 1,895,349 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Fiserv by 24.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock valued at $404,687,000 after buying an additional 607,213 shares during the period. 90.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on FISV shares. UBS Group set a $65.00 price target on Fiserv and gave the company a “neutral” rating in a research note on Wednesday. BMO Capital Markets began coverage on shares of Fiserv in a research report on Tuesday, April 21st. They set a “market perform” rating and a $65.00 target price on the stock. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research note on Wednesday. Finally, Loop Capital assumed coverage on shares of Fiserv in a report on Tuesday, March 31st. They set a “hold” rating and a $62.00 target price for the company. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $87.48.

Fiserv Stock Performance

Shares of FISV stock opened at $55.48 on Monday. The stock has a market cap of $29.58 billion, a PE ratio of 9.40, a price-to-earnings-growth ratio of 1.72 and a beta of 0.84. The stock has a 50-day moving average of $59.09 and a 200-day moving average of $65.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a one year low of $52.91 and a one year high of $191.91.

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 the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.

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.