Entropy Technologies LP Makes New $11.07 Million Investment in Fiserv, Inc. $FISV

Entropy Technologies LP purchased a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 164,754 shares of the business services provider’s stock, valued at approximately $11,067,000.

A number of other large investors also recently modified their holdings of FISV. Brighton Jones LLC lifted its stake in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after acquiring an additional 2,033 shares during the last quarter. Bison Wealth LLC lifted 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 during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Fiserv by 21.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares during the last quarter. Jump Financial LLC bought a new position in shares of Fiserv in the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL increased its holdings in Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after purchasing an additional 350 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of recent research reports. Citigroup decreased their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Mizuho decreased their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. BNP Paribas Exane downgraded Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target for the company. in a report on Friday, June 5th. Finally, B. Riley Financial decreased their price target on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $82.23.

Check Out Our Latest Report on FISV

Fiserv Price Performance

FISV stock opened at $53.78 on Friday. The stock has a market capitalization of $28.68 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 1.51 and a beta of 0.79. The company’s 50-day moving average is $57.33 and its 200-day moving average is $61.10. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a 1 year low of $51.78 and a 1 year high of $177.36.

Fiserv (NASDAQ:FISVGet Free Report) last released its quarterly earnings data 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 company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. 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.

About Fiserv

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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