978,757 Shares in Fiserv, Inc. $FISV Acquired by National Pension Service

National Pension Service purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 978,757 shares of the business services provider’s stock, valued at approximately $65,743,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stonebridge Capital Advisors LLC lifted its position in shares of Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares during the period. Bison Wealth LLC lifted its position in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. Cornerstone Planning Group LLC lifted its position in shares of Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after acquiring an additional 158 shares during the period. Twin City Private Wealth LLC lifted its position in shares of Fiserv by 5.0% during the 3rd quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock valued at $459,000 after acquiring an additional 170 shares during the period. Finally, ROI Financial Advisors LLC lifted its position in shares of Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after acquiring an additional 175 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FISV. Stephens decreased their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Loop Capital decreased their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald decreased their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Nine investment 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. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average price target of $82.80.

Fiserv Stock Performance

NASDAQ FISV opened at $56.56 on Friday. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $30.16 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 1.58 and a beta of 0.84. The company has a fifty day moving average price of $57.56 and a 200-day moving average price of $61.63.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The company had revenue of $4.68 billion during 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 business’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. As a group, equities research analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

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.