653,231 Shares in Fiserv, Inc. $FISV Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 1st quarter, HoldingsChannel.com reports. The fund bought 653,231 shares of the business services provider’s stock, valued at approximately $36,450,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oakworth Capital Inc. bought a new stake in Fiserv during the fourth quarter worth $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust bought a new position in Fiserv in the 4th quarter valued at $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $27,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Fiserv during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Activity at Fiserv

In related news, CFO Paul M. Todd purchased 10,060 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was purchased at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the acquisition, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.06% of the stock is owned by insiders.

Fiserv Stock Performance

NASDAQ FISV opened at $47.30 on Wednesday. The firm has a market cap of $25.22 billion, a P/E ratio of 8.02, a price-to-earnings-growth ratio of 1.32 and a beta of 0.79. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average is $56.20 and its 200-day moving average is $60.40. Fiserv, Inc. has a 12-month low of $47.04 and a 12-month high of $177.36.

Fiserv (NASDAQ:FISV) last released 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 net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. The firm’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. Sell-side analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

FISV has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a report on Friday, March 27th. Royal Bank Of Canada set a $75.00 price objective on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Morgan Stanley boosted their target price on shares of Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Finally, Loop Capital lowered their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Nine 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, Fiserv presently has an average rating of “Hold” and an average price target of $82.23.

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.