Atlantic Union Bankshares Corp purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 114,452 shares of the business services provider’s stock, valued at approximately $7,688,000.
Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. acquired a new stake in shares of Fiserv in the fourth quarter worth $3,507,063,000. Capital World Investors increased its position in shares of Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares in the last quarter. Legal & General Group Plc increased its position in shares of Fiserv by 3.8% in the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock worth $469,051,000 after acquiring an additional 131,935 shares in the last quarter. Barclays PLC increased its position in shares of Fiserv by 116.0% in the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Fiserv by 24.0% in the third quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock worth $404,687,000 after acquiring an additional 607,213 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Wall Street Analysts Forecast Growth
FISV has been the subject of several recent research reports. Citigroup dropped their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Royal Bank Of Canada set a $75.00 price objective on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Compass Point dropped their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Cantor Fitzgerald dropped their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $83.57.
Fiserv Price Performance
FISV opened at $52.37 on Thursday. The company has a fifty day simple moving average of $58.48 and a 200 day simple moving average of $63.67. The firm has a market cap of $27.93 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 1.74 and a beta of 0.84. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $191.28. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.
Fiserv (NASDAQ:FISV – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.
Key Headlines Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv announced an agreement with Bridgeport Partners to form a joint venture covering its ATM Managed Services, Cash & Logistics, and MoneyPass businesses. The deal could help Fiserv unlock value, streamline operations, and accelerate growth in its cash-services businesses. Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses
- Positive Sentiment: Fiserv also expanded its Clover platform with Clover Reserve powered by Tabit, an AI-driven restaurant POS and hospitality solution aimed at full-service and fine-dining restaurants. Investors may see this as a way to deepen Clover’s reach and support longer-term merchant revenue growth. Fiserv Tabit AI Restaurant Platform Aims To Deepen Clover Relationships
- Neutral Sentiment: Industry commentary highlighted Fiserv as one of several financial transaction stocks positioned to benefit from digital payments trends such as contactless payments and cross-border growth, which supports the company’s longer-term operating backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
- Neutral Sentiment: Several analysts still see upside from current levels, but targets have been mixed, with some recent cuts offset by others that remain bullish. That creates a divided near-term sentiment backdrop rather than a clear catalyst. Deutsche Bank Adjusts Price Target on Fiserv to $60 From $63
- Negative Sentiment: Rothschild & Co Redburn cut its price target to $40 and kept a sell rating, reinforcing concerns that Fiserv may face further downside if growth or margins do not improve soon. Rothschild & Co Redburn Adjusts Price Target on Fiserv to $40 From $50
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.
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