CX Institutional Acquires New Position in Fiserv, Inc. $FISV

CX Institutional acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 90,739 shares of the business services provider’s stock, valued at approximately $6,095,000.

Other large investors also recently bought and sold shares of the company. True Wealth Design LLC grew its stake in Fiserv by 3,750.0% during the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new stake in Fiserv during the 3rd quarter valued at about $30,000. Westfuller Advisors LLC purchased a new stake in Fiserv during the 3rd quarter valued at about $36,000. WFA of San Diego LLC purchased a new stake in Fiserv during the 2nd quarter valued at about $55,000. Finally, Davis Capital Management purchased a new stake in shares of Fiserv in the 3rd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

NASDAQ:FISV opened at $62.14 on Monday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $33.18 billion, a P/E ratio of 9.80, a PEG ratio of 1.93 and a beta of 0.84. The company has a 50 day moving average price of $59.26 and a 200 day moving average price of $67.00. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $191.91.

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

Wall Street Analyst Weigh In

FISV has been the subject of several analyst reports. TD Cowen reissued a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Citigroup reduced their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Keefe, Bruyette & Woods reduced their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Compass Point reduced their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company reduced their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and an average price target of $92.41.

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.