Kidder Stephen W acquired a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 66,632 shares of the business services provider’s stock, valued at approximately $4,476,000. Fiserv makes up about 1.3% of Kidder Stephen W’s portfolio, making the stock its 27th biggest holding.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Chicago Capital LLC purchased a new position in shares of Fiserv in the fourth quarter worth approximately $1,316,000. Vulcan Value Partners LLC purchased a new position in shares of Fiserv in the third quarter worth approximately $103,398,000. ZWJ Investment Counsel Inc. purchased a new position in shares of Fiserv in the fourth quarter worth approximately $1,141,000. Robeco Institutional Asset Management B.V. purchased a new position in Fiserv during the fourth quarter valued at approximately $4,127,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Fiserv during the fourth quarter valued at approximately $14,907,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Analyst Upgrades and Downgrades
FISV has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Mizuho lowered their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Rothschild & Co Redburn lowered their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Finally, UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Nine 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 data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $82.23.
Fiserv Trading Up 4.0%
Fiserv stock opened at $49.83 on Wednesday. The stock has a market cap of $26.57 billion, a P/E ratio of 8.45, a PEG ratio of 1.34 and a beta of 0.79. 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 $47.37 and a 1 year high of $177.36. The firm’s 50 day moving average price is $57.04 and its 200-day moving average price is $60.93.
Fiserv (NASDAQ:FISV – Get 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, beating the consensus estimate of $1.57 by $0.22. The firm 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 company’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. On average, equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.
Key Fiserv News
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
- Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
- Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
- Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
- Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title
Fiserv 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.
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