Fiserv, Inc. $FISV Stock Holdings Lifted by LSV Asset Management

LSV Asset Management lifted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 462.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,028 shares of the business services provider’s stock after acquiring an additional 9,888 shares during the quarter. LSV Asset Management’s holdings in Fiserv were worth $1,551,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FISV. Clear Street LLC acquired a new position in shares of Fiserv in the 2nd quarter valued at $34,000. Sound Income Strategies LLC purchased a new stake in Fiserv during the third quarter valued at about $28,000. True Wealth Design LLC boosted its holdings in shares of Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after buying an additional 225 shares during the period. Golden State Wealth Management LLC increased its position in shares of Fiserv by 960.9% in the second quarter. Golden State Wealth Management LLC now owns 244 shares of the business services provider’s stock worth $42,000 after acquiring an additional 221 shares in the last quarter. Finally, Solstein Capital LLC acquired a new stake in shares of Fiserv during the second quarter valued at approximately $43,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Paul M. Todd bought 17,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the acquisition, the chief financial officer directly owned 24,453 shares in the company, valued at approximately $1,526,111.73. This represents a 228.10% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam L. Rosman purchased 7,900 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were bought at an average price of $63.19 per share, with a total value of $499,201.00. Following the purchase, the insider owned 61,285 shares in the company, valued at $3,872,599.15. This represents a 14.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.75% of the stock is currently owned by company insiders.

Fiserv Stock Up 0.9%

FISV opened at $59.36 on Tuesday. The company has a market capitalization of $32.27 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 3.39 and a beta of 0.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.08. Fiserv, Inc. has a fifty-two week low of $57.79 and a fifty-two week high of $238.59. The business has a 50-day moving average of $65.66 and a 200-day moving average of $94.39.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Oppenheimer reaffirmed an “outperform” rating and issued a $91.00 price objective on shares of Fiserv in a research note on Thursday, October 30th. Seaport Research Partners cut Fiserv from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Wells Fargo & Company raised Fiserv to a “hold” rating in a research report on Wednesday, October 22nd. Wolfe Research restated a “peer perform” rating on shares of Fiserv in a research report on Wednesday, October 29th. Finally, Compass Point dropped their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Ten research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and an average target price of $108.97.

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.