477,139 Shares in Fiserv, Inc. $FISV Acquired by Marathon Asset Management Ltd

Marathon Asset Management Ltd bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel.com reports. The firm bought 477,139 shares of the business services provider’s stock, valued at approximately $32,049,000.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. acquired a new stake in Fiserv during the fourth quarter worth approximately $3,507,063,000. Capital World Investors boosted its position in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the last quarter. Legal & General Group Plc boosted its position in Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock worth $469,051,000 after acquiring an additional 131,935 shares during the last quarter. Barclays PLC boosted its position in 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 acquiring an additional 1,895,349 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in Fiserv during the fourth quarter worth approximately $223,136,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Down 1.1%

Shares of FISV opened at $56.03 on Wednesday. The firm has a market cap of $29.88 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.84. The company’s fifty day moving average is $57.86 and its two-hundred day moving average is $62.07. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’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. Analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. BMO Capital Markets raised their target price on shares of Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 15th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Finally, Citigroup decreased their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $82.97.

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.