Colrain Capital LLC Takes $4.79 Million Position in Fiserv, Inc. $FISV

Colrain Capital LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 71,370 shares of the business services provider’s stock, valued at approximately $4,794,000. Fiserv makes up approximately 2.6% of Colrain Capital LLC’s investment portfolio, making the stock its 18th largest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Stonebridge Capital Advisors LLC increased its stake in shares of Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares in the last quarter. Bison Wealth LLC increased its stake in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares in the last quarter. ROI Financial Advisors LLC increased its stake in shares of Fiserv by 10.3% in the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after acquiring an additional 175 shares in the last quarter. WASHINGTON TRUST Co increased its stake in shares of Fiserv by 3.5% in the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock valued at $667,000 after acquiring an additional 175 shares in the last quarter. Finally, Notis McConarty Edward increased its stake in shares of Fiserv by 0.5% in the 3rd quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock valued at $4,621,000 after acquiring an additional 185 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Truist Financial set a $58.00 price target on shares of Fiserv and gave the company a “hold” rating in a research note on Friday, May 29th. The Goldman Sachs Group decreased their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Cantor Fitzgerald decreased their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, BNP Paribas Exane lowered shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target for the company. in a research note on Friday, June 5th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $82.23.

Fiserv Price Performance

FISV opened at $53.17 on Friday. The firm has a market cap of $28.35 billion, a P/E ratio of 9.01, a PEG ratio of 1.49 and a beta of 0.79. The firm has a 50-day moving average of $57.36 and a 200 day moving average of $61.15. 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 fifty-two week low of $51.78 and a fifty-two week high of $177.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current 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.