Orion Porfolio Solutions LLC Decreases Stock Holdings in Fiserv, Inc. $FISV

Orion Porfolio Solutions LLC reduced its stake in shares of Fiserv, Inc. (NASDAQ:FISVFree Report) by 19.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,011 shares of the business services provider’s stock after selling 10,789 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Fiserv were worth $5,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Fiserv in the 2nd quarter worth approximately $1,252,260,000. Marshall Wace LLP purchased a new stake in Fiserv during the second quarter worth $356,643,000. Worldquant Millennium Advisors LLC grew its holdings 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 valued at $171,215,000 after purchasing an additional 948,634 shares during the last quarter. Baupost Group LLC MA acquired a new stake in Fiserv in the second quarter valued at $154,307,000. Finally, Amundi increased its position in shares of Fiserv by 27.2% in the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after buying an additional 807,916 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Price Performance

NASDAQ:FISV opened at $63.16 on Friday. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $227.00. The firm has a market cap of $33.78 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 1.94 and a beta of 0.77. The company’s 50-day moving average is $64.00 and its two-hundred day moving average is $87.54. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08.

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FISV. B. Riley Financial cut their price target on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Compass Point reduced their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Morgan Stanley set a $64.00 price target on shares of Fiserv in a research report on Wednesday, February 11th. Ten research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average price target of $109.74.

Get Our Latest Report on Fiserv

Fiserv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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