65,578 Shares in Fiserv, Inc. $FISV Acquired by LS Investment Advisors LLC

LS Investment Advisors LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The firm bought 65,578 shares of the business services provider’s stock, valued at approximately $4,405,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. American National Bank & Trust bought a new position in shares of Fiserv in the 4th quarter worth $27,000. Sound Income Strategies LLC purchased a new stake in shares of Fiserv during the 3rd quarter worth $28,000. Mendota Financial Group LLC bought a new stake in Fiserv during the fourth quarter valued at about $28,000. Capital Advisors Ltd. LLC purchased a new position in Fiserv in the fourth quarter valued at about $29,000. Finally, True Wealth Design LLC grew its stake in Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 225 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FISV has been the subject of several analyst reports. Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. UBS Group cut their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Compass Point reduced their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Truist Financial decreased their target price on shares of Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a research report on Thursday, February 26th. Finally, Tigress Financial restated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $103.74.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $61.29 on Thursday. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $221.50. The company has a market cap of $32.73 billion, a PE ratio of 9.67, a P/E/G ratio of 1.83 and a beta of 0.79. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50-day simple moving average of $58.90 and a two-hundred day simple moving average of $72.30.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $4.90 billion for 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 revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts expect that Fiserv, Inc. will post 10.23 EPS 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.