Capital Research Global Investors Makes New $25.13 Million Investment in Fiserv, Inc. $FISV

Capital Research Global Investors bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 374,110 shares of the business services provider’s stock, valued at approximately $25,129,000.

Other hedge funds have also made changes to their positions in the company. Chicago Capital LLC purchased a new stake in shares of Fiserv in the 4th quarter worth $1,316,000. Vulcan Value Partners LLC purchased a new stake in shares of Fiserv in the 3rd quarter worth $103,398,000. ZWJ Investment Counsel Inc. purchased a new stake in shares of Fiserv in the 4th quarter worth $1,141,000. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Fiserv in the 4th quarter worth $4,127,000. Finally, Applied Finance Capital Management LLC lifted its holdings in shares of Fiserv by 21.9% in the 3rd quarter. Applied Finance Capital Management LLC now owns 122,337 shares of the business services provider’s stock worth $15,774,000 after buying an additional 21,993 shares during the period. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Trading Up 2.5%

Shares of NASDAQ FISV opened at $54.03 on Wednesday. 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 stock has a market capitalization of $28.81 billion, a P/E ratio of 9.16, a price-to-earnings-growth ratio of 1.48 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 business has a fifty day moving average price of $57.44 and a 200 day moving average price of $61.25.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FISV shares. Citigroup decreased their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Compass Point decreased their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley upped their price objective on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Loop Capital decreased their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $82.23.

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.