Fiserv, Inc. $FISV Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 89.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 165,723 shares of the business services provider’s stock after acquiring an additional 78,219 shares during the period. Cetera Investment Advisers’ holdings in Fiserv were worth $9,247,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Oakworth Capital Inc. acquired a new stake in Fiserv in the fourth quarter valued at $25,000. Private Wealth Asset Management LLC purchased a new stake in Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust acquired a new stake in Fiserv during the 4th quarter worth $27,000. Kimelman & Baird LLC purchased a new position in shares of Fiserv during the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Fiserv in the 4th quarter valued at approximately $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FISV shares. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, June 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. Barclays started coverage on Fiserv in a research report on Wednesday, July 8th. They set an “equal weight” rating and a $58.00 price objective for the company. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Finally, Mizuho cut their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Fiserv currently has a consensus rating of “Hold” and a consensus target price of $76.57.

Fiserv Trading Down 2.6%

NASDAQ FISV opened at $54.17 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $28.89 billion, a price-to-earnings ratio of 9.18, a PEG ratio of 1.56 and a beta of 0.82. The company’s 50 day moving average price is $52.03 and its 200 day moving average price is $57.24. Fiserv, Inc. has a one year low of $47.04 and a one year high of $141.38.

Fiserv (NASDAQ:FISV) last announced 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 $4.67 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%. Fiserv’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. On average, sell-side analysts predict that Fiserv, Inc. will post 8.13 EPS for the current year.

Insider Activity at Fiserv

In other news, CFO Paul M. Todd bought 10,060 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.06% of the company’s stock.

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.