Vinva Investment Management Ltd Acquires 11,536 Shares of Fiserv, Inc. $FISV

Vinva Investment Management Ltd increased its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 29.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 50,675 shares of the business services provider’s stock after purchasing an additional 11,536 shares during the period. Vinva Investment Management Ltd’s holdings in Fiserv were worth $6,611,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Fiserv in the second quarter valued at approximately $1,252,260,000. Marshall Wace LLP bought a new position in Fiserv during the second quarter worth $356,643,000. Barclays PLC raised its stake in Fiserv by 116.0% during the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock valued at $454,982,000 after purchasing an additional 1,895,349 shares during the last quarter. Worldquant Millennium Advisors LLC raised its stake in Fiserv by 2,134.9% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock valued at $171,215,000 after purchasing an additional 948,634 shares during the last quarter. Finally, Baupost Group LLC MA bought a new stake in Fiserv in the 2nd quarter valued at $154,307,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of Fiserv stock opened at $63.16 on Monday. The stock has a market capitalization of $33.78 billion, a price-to-earnings ratio of 9.96, a P/E/G ratio of 1.94 and a beta of 0.77. The firm’s 50-day moving average price is $64.00 and its two-hundred day moving average price is $87.17. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $227.00.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. UBS Group reduced their target price on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. BNP Paribas Exane lifted their target price on Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus price target 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.