Securian Asset Management Inc. Purchases Shares of 14,625 Fiserv, Inc. $FISV

Securian Asset Management Inc. acquired a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, Holdings Channel reports. The firm acquired 14,625 shares of the business services provider’s stock, valued at approximately $982,000.

A number of other hedge funds have also made changes to their positions in FISV. Oakworth Capital Inc. acquired a new stake in Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust acquired a new stake in shares of Fiserv in the fourth quarter valued at about $27,000. Mendota Financial Group LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at about $28,000. Capital Advisors Ltd. LLC acquired a new position in Fiserv during the 4th quarter worth approximately $29,000. Finally, Redmont Wealth Advisors LLC purchased a new position in Fiserv in the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on FISV. Weiss Ratings raised shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Susquehanna reaffirmed a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Raymond James Financial cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Loop Capital assumed coverage on Fiserv in a research report on Tuesday, March 31st. They set a “hold” rating and a $62.00 target price on the stock. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $83.57.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv announced an agreement with Bridgeport Partners to form a joint venture covering its ATM Managed Services, Cash & Logistics, and MoneyPass businesses. The deal could help Fiserv unlock value, streamline operations, and accelerate growth in its cash-services businesses. Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses
• Positive Sentiment: Fiserv also expanded its Clover platform with Clover Reserve powered by Tabit, an AI-driven restaurant POS and hospitality solution aimed at full-service and fine-dining restaurants. Investors may see this as a way to deepen Clover’s reach and support longer-term merchant revenue growth. Fiserv Tabit AI Restaurant Platform Aims To Deepen Clover Relationships
• Neutral Sentiment: Industry commentary highlighted Fiserv as one of several financial transaction stocks positioned to benefit from digital payments trends such as contactless payments and cross-border growth, which supports the company’s longer-term operating backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Several analysts still see upside from current levels, but targets have been mixed, with some recent cuts offset by others that remain bullish. That creates a divided near-term sentiment backdrop rather than a clear catalyst. Deutsche Bank Adjusts Price Target on Fiserv to $60 From $63
• Negative Sentiment: Rothschild & Co Redburn cut its price target to $40 and kept a sell rating, reinforcing concerns that Fiserv may face further downside if growth or margins do not improve soon. Rothschild & Co Redburn Adjusts Price Target on Fiserv to $40 From $50

Fiserv Trading Down 4.6%

NASDAQ FISV opened at $52.37 on Thursday. The company has a market capitalization of $27.93 billion, a price-to-earnings ratio of 8.88, a price-to-earnings-growth ratio of 1.74 and a beta of 0.84. 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 12 month low of $52.17 and a 12 month high of $191.28. The company’s fifty day moving average price is $58.48 and its two-hundred day moving average price is $63.67.

Fiserv (NASDAQ:FISV) last released its earnings results 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. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. 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, research analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.