King Luther Capital Management Corp Takes $1.03 Million Position in Fiserv, Inc. $FISV

King Luther Capital Management Corp acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel reports. The fund acquired 15,308 shares of the business services provider’s stock, valued at approximately $1,028,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Oakworth Capital Inc. acquired a new position in shares of Fiserv in the 4th quarter valued at about $25,000. American National Bank & Trust acquired a new position in shares of Fiserv in the 4th quarter valued at about $27,000. Kimelman & Baird LLC acquired a new position in Fiserv in the 4th quarter worth about $27,000. Mendota Financial Group LLC acquired a new position in Fiserv in the 4th quarter worth about $28,000. Finally, Capital Advisors Ltd. LLC acquired a new position in Fiserv in the 4th quarter worth about $29,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

NASDAQ:FISV opened at $56.56 on Friday. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $177.36. The stock has a 50 day moving average of $57.56 and a two-hundred day moving average of $61.63. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market cap of $30.16 billion, a P/E ratio of 9.59, a price-to-earnings-growth ratio of 1.56 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $4.73 billion. 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, analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Robert W. Baird set a $78.00 price target on Fiserv in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reduced their price target on Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. The Goldman Sachs Group reduced their price target on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a report on Monday, April 13th. JPMorgan Chase & Co. reduced their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Cantor Fitzgerald reduced their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average target price of $82.80.

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.