MUFG Securities EMEA plc Buys Shares of 22,050 Fiserv, Inc. $FISV

MUFG Securities EMEA plc bought a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel.com reports. The firm bought 22,050 shares of the business services provider’s stock, valued at approximately $1,481,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Fiserv during the third quarter valued at about $30,000. WFA of San Diego LLC bought a new stake in shares of Fiserv during the second quarter valued at about $55,000. Oakworth Capital Inc. bought a new stake in shares of Fiserv during the fourth quarter valued at about $25,000. Kimelman & Baird LLC acquired a new position in Fiserv during the fourth quarter worth about $27,000. Finally, American National Bank & Trust acquired a new position in Fiserv during the fourth quarter worth about $27,000. 90.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Loop Capital lowered their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Cantor Fitzgerald lowered their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Susquehanna reaffirmed a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Finally, Keefe, Bruyette & Woods lowered their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $82.80.

Fiserv Trading Down 4.4%

Shares of FISV opened at $56.46 on Wednesday. The business’s 50-day moving average price is $57.60 and its 200 day moving average price is $61.59. The stock has a market capitalization of $30.11 billion, a P/E ratio of 9.57, a P/E/G ratio of 1.65 and a beta of 0.79. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

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