343,943 Shares in Fiserv, Inc. $FISV Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel reports. The fund bought 343,943 shares of the business services provider’s stock, valued at approximately $23,103,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Fiserv during the fourth quarter worth $3,016,000. Ilmarinen Mutual Pension Insurance Co acquired a new position in Fiserv in the fourth quarter valued at $5,709,000. Savant Capital LLC acquired a new position in Fiserv in the fourth quarter valued at $2,623,000. Moors & Cabot Inc. acquired a new position in Fiserv in the fourth quarter valued at $670,000. Finally, EagleClaw Capital Managment LLC acquired a new position in Fiserv in the fourth quarter valued at $869,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of FISV opened at $55.83 on Friday. The company has a market capitalization of $29.77 billion, a price-to-earnings ratio of 9.46, a price-to-earnings-growth ratio of 1.56 and a beta of 0.84. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The firm has a 50-day simple moving average of $57.57 and a 200-day simple moving average of $61.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion during 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 firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

FISV has been the subject of several research analyst reports. BMO Capital Markets upped their price objective on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Finally, B. Riley Financial decreased their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.97.

Fiserv Company 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.