535,234 Shares in Fiserv, Inc. $FISV Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel reports. The fund acquired 535,234 shares of the business services provider’s stock, valued at approximately $35,952,000.

Several other institutional investors also recently bought and sold shares of the company. Jacobsen Capital Management boosted its holdings in Fiserv by 5.8% in the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock worth $228,000 after buying an additional 97 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the last quarter. Quent Capital LLC boosted its holdings in Fiserv by 5.6% in the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock worth $284,000 after buying an additional 116 shares during the last quarter. Bison Wealth LLC boosted its holdings in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the last quarter. Finally, Miracle Mile Advisors LLC boosted its holdings in Fiserv by 1.4% in the 3rd quarter. Miracle Mile Advisors LLC now owns 9,741 shares of the business services provider’s stock worth $1,256,000 after buying an additional 139 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on FISV. B. Riley Financial decreased their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $70.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Jefferies Financial Group raised their target price on shares of Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Eight research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $92.41.

Fiserv Stock Down 0.8%

Shares of NASDAQ FISV opened at $62.14 on Friday. The company has a 50 day simple moving average of $59.26 and a 200-day simple moving average of $67.78. The company has a market capitalization of $33.18 billion, a P/E ratio of 9.80, a P/E/G ratio of 1.95 and a beta of 0.84. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $191.91.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The business’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts predict that Fiserv, Inc. will post 8.11 earnings per share for the current year.

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.