Glenview Trust Co Invests $1.39 Million in Fiserv, Inc. $FISV

Glenview Trust Co purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,651 shares of the business services provider’s stock, valued at approximately $1,387,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC bought a new position in shares of Fiserv during the 3rd quarter valued at $30,000. Westfuller Advisors LLC bought a new position in shares of Fiserv during the 3rd quarter valued at $36,000. WFA of San Diego LLC bought a new position in shares of Fiserv during the 2nd quarter valued at $55,000. Oakworth Capital Inc. bought a new position in shares of Fiserv during the 4th quarter valued at $25,000. Finally, Kimelman & Baird LLC bought a new position in shares of Fiserv during the 4th quarter valued at $27,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FISV shares. The Goldman Sachs Group reduced their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Mizuho reduced their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 15th. JPMorgan Chase & Co. reduced their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Cantor Fitzgerald reduced their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average price target of $82.97.

Fiserv Stock Performance

Shares of FISV opened at $57.13 on Tuesday. The stock has a market capitalization of $30.46 billion, a P/E ratio of 9.68, a PEG ratio of 1.60 and a beta of 0.84. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $57.68 and a two-hundred day simple moving average of $61.82. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’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. On average, research analysts anticipate that Fiserv, Inc. will post 8.14 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.