Harbour Investments Inc. Makes New Investment in Fiserv, Inc. $FISV

Harbour Investments Inc. bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,928 shares of the business services provider’s stock, valued at approximately $801,000.

Other large investors have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new stake in Fiserv in the third quarter worth $30,000. WFA of San Diego LLC acquired a new stake in Fiserv in the second quarter worth $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv in the fourth quarter worth $25,000. Kimelman & Baird LLC acquired a new stake in Fiserv in the fourth quarter worth $27,000. Finally, American National Bank & Trust acquired a new stake in Fiserv in the fourth quarter worth $27,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FISV. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. Rothschild & Co Redburn dropped their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Wells Fargo & Company lowered their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, March 27th. Citigroup lowered their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, UBS Group set a $65.00 price target on Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $82.80.

Fiserv Price Performance

Shares of FISV opened at $56.56 on Friday. The firm has a market capitalization of $30.16 billion, a price-to-earnings ratio of 9.59, a price-to-earnings-growth ratio of 1.58 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. The stock’s fifty day moving average is $57.56 and its 200-day moving average is $61.63.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.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 analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current 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.