Colrain Capital LLC Purchases Shares of 71,370 Fiserv, Inc. $FISV

Colrain Capital LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 71,370 shares of the business services provider’s stock, valued at approximately $4,794,000. Fiserv comprises 2.6% of Colrain Capital LLC’s holdings, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC raised its stake in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the last quarter. ROI Financial Advisors LLC raised its stake in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares during the last quarter. WASHINGTON TRUST Co raised its stake in shares of Fiserv by 3.5% during the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after buying an additional 175 shares during the last quarter. Finally, Notis McConarty Edward raised its stake in shares of Fiserv by 0.5% during the third quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock worth $4,621,000 after buying an additional 185 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Robert W. Baird set a $78.00 price target on shares of Fiserv in a research note on Wednesday, May 6th. Truist Financial set a $58.00 price target on shares of Fiserv and gave the stock a “hold” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. The Goldman Sachs Group lowered their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Stock Performance

Shares of FISV stock opened at $53.17 on Friday. The stock has a market cap of $28.35 billion, a P/E ratio of 9.01, a P/E/G ratio of 1.49 and a beta of 0.79. 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 company has a fifty day moving average price of $57.36 and a two-hundred day moving average price of $61.15. Fiserv, Inc. has a one year low of $51.78 and a one year high of $177.36.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data 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 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 firm’s 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. As a group, equities analysts predict that Fiserv, Inc. will post 8.14 EPS 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.