324,397 Shares in Fiserv, Inc. $FISV Purchased by OFI Invest Asset Management

OFI Invest Asset Management bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 324,397 shares of the business services provider’s stock, valued at approximately $21,790,000. OFI Invest Asset Management owned about 0.06% of Fiserv at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of FISV. Newman Dignan & Sheerar Inc. bought a new stake in Fiserv during the 4th quarter valued at approximately $497,000. Demars Financial Group LLC bought a new stake in Fiserv during the 4th quarter valued at approximately $335,000. Evermay Wealth Management LLC bought a new stake in Fiserv during the 4th quarter valued at approximately $57,000. Canton Hathaway LLC bought a new stake in Fiserv during the 4th quarter valued at approximately $105,000. Finally, Prime Capital Investment Advisors LLC bought a new stake in Fiserv during the 4th quarter valued at approximately $680,000. 90.98% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Mizuho cut their price objective on Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Truist Financial lowered their target price on shares of Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a report on Thursday, February 26th. Loop Capital began 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. B. Riley Financial lowered their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Finally, Citigroup reiterated a “neutral” rating and set a $68.00 target price (down from $75.00) on shares of Fiserv in a report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $104.32.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $56.63 on Thursday. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $221.50. The firm has a market cap of $30.28 billion, a P/E ratio of 8.93, a PEG ratio of 1.74 and a beta of 0.79. The company has a 50 day moving average of $59.23 and a 200 day moving average of $74.79. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.

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