Fiserv, Inc. $FISV Shares Sold by Marietta Investment Partners LLC

Marietta Investment Partners LLC reduced its position in Fiserv, Inc. (NASDAQ:FISV) by 40.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 28,355 shares of the business services provider’s stock after selling 19,663 shares during the quarter. Marietta Investment Partners LLC’s holdings in Fiserv were worth $3,656,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Fiserv during the 2nd quarter worth $1,252,260,000. Amundi boosted its stake in shares of Fiserv by 27.2% during the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock worth $652,148,000 after buying an additional 807,916 shares during the period. Barclays PLC grew its holdings in shares of Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares during the last quarter. Legal & General Group Plc increased its position in Fiserv by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock valued at $604,486,000 after acquiring an additional 39,036 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Fiserv by 24.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock valued at $404,687,000 after acquiring an additional 607,213 shares during the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Trading Up 2.0%

Shares of FISV opened at $63.86 on Friday. Fiserv, Inc. has a twelve month low of $57.79 and a twelve month high of $227.00. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $34.15 billion, a P/E ratio of 10.07, a PEG ratio of 1.92 and a beta of 0.77. The firm’s 50-day moving average is $64.08 and its two-hundred day moving average is $88.41.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The company’s revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Cantor Fitzgerald raised Fiserv to a “hold” rating in a report on Tuesday, January 27th. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. UBS Group cut their price target on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Stephens reduced their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Finally, Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Ten investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and an average target price of $109.74.

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.