9,113 Shares in Fiserv, Inc. $FISV Purchased by Horizon Investments LLC

Horizon Investments LLC purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel reports. The fund purchased 9,113 shares of the business services provider’s stock, valued at approximately $612,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FISV. Vanguard Group Inc. purchased a new position in shares of Fiserv in the 4th quarter worth approximately $3,507,063,000. Capital World Investors grew its position in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Fiserv in the 4th quarter worth approximately $174,502,000. Barclays PLC grew its position in shares of Fiserv by 116.0% in the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Fiserv in the 4th quarter worth approximately $87,458,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of Fiserv stock opened at $55.48 on Friday. The firm has a market capitalization of $29.58 billion, a P/E ratio of 9.40, a PEG ratio of 1.76 and a beta of 0.84. The company has a quick ratio of 1.03, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a 50 day moving average price of $59.09 and a 200 day moving average price of $65.65. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $191.91.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating 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 firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s 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. Sell-side analysts expect that Fiserv, Inc. will post 8.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FISV. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research report on Wednesday. Truist Financial cut their price objective on shares of Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Loop Capital initiated coverage on shares of Fiserv in a research report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price objective for the company. The Goldman Sachs Group decreased their price objective on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Eight research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $87.48.

About Fiserv

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.