World Investment Advisors Invests $3.83 Million in Fiserv, Inc. $FISV

World Investment Advisors acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 57,056 shares of the business services provider’s stock, valued at approximately $3,832,000.

Other large investors have also recently made changes to their positions in the company. Redmont Wealth Advisors LLC bought a new stake in shares of Fiserv during the third quarter valued at approximately $30,000. WFA of San Diego LLC bought a new stake in shares of Fiserv during the second quarter valued at approximately $55,000. Oakworth Capital Inc. bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $25,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $27,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Up 1.4%

FISV stock opened at $53.78 on Friday. Fiserv, Inc. has a 1-year low of $51.78 and a 1-year high of $177.36. The business has a fifty day moving average price of $57.33 and a 200-day moving average price of $61.10. 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 $28.68 billion, a P/E ratio of 9.12, a P/E/G ratio of 1.49 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share 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 firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The company’s quarterly 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. Equities analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FISV has been the topic of several research reports. Mizuho dropped their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Citigroup dropped their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft dropped their price target on Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Tigress Financial restated a “buy” rating and set a $95.00 price target on shares of Fiserv in a research report on Wednesday, March 11th. Finally, TD Cowen reiterated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $82.23.

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.