Vinva Investment Management Ltd Acquires 11,536 Shares of Fiserv, Inc. $FISV

Vinva Investment Management Ltd increased its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 29.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 50,675 shares of the business services provider’s stock after buying an additional 11,536 shares during the period. Vinva Investment Management Ltd’s holdings in Fiserv were worth $6,611,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FISV. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of Fiserv by 2.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock worth $485,000 after acquiring an additional 77 shares during the last quarter. Quadcap Wealth Management LLC grew its stake in shares of Fiserv by 2.1% during the second quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 79 shares during the last quarter. Glenview Trust co grew its stake in shares of Fiserv by 0.3% during the second quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock valued at $5,666,000 after purchasing an additional 85 shares during the last quarter. Smithfield Trust Co increased its holdings in shares of Fiserv by 0.9% in the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock valued at $1,685,000 after purchasing an additional 86 shares in the last quarter. Finally, TRUE Private Wealth Advisors increased its holdings in shares of Fiserv by 5.1% in the second quarter. TRUE Private Wealth Advisors now owns 1,785 shares of the business services provider’s stock valued at $308,000 after purchasing an additional 86 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FISV opened at $63.16 on Monday. The company has a fifty day simple moving average of $64.00 and a 200 day simple moving average of $87.17. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The stock has a market cap of $33.78 billion, a P/E ratio of 9.96, a P/E/G ratio of 1.94 and a beta of 0.77. Fiserv, Inc. has a 12 month low of $57.79 and a 12 month high of $227.00.

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FISV. UBS Group reduced their price objective on Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. TD Cowen reissued a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Truist Financial cut their price target on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a research note on Thursday, February 26th. Citigroup reiterated a “neutral” rating and issued a $68.00 price target (down from $75.00) on shares of Fiserv in a report on Wednesday, February 11th. Finally, Stephens lowered their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fiserv has an average rating of “Hold” and an average target price of $109.74.

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.