Callahan Advisors LLC Invests $1.93 Million in Fiserv, Inc. $FISV

Callahan Advisors LLC purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 28,668 shares of the business services provider’s stock, valued at approximately $1,926,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new position in shares of Fiserv in the 3rd quarter worth approximately $30,000. Westfuller Advisors LLC acquired a new position in shares of Fiserv in the 3rd quarter worth approximately $36,000. WFA of San Diego LLC acquired a new position in shares of Fiserv in the 2nd quarter worth approximately $55,000. Oakworth Capital Inc. acquired a new position in shares of Fiserv in the 4th quarter worth approximately $25,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Fiserv in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Up 0.7%

Fiserv stock opened at $56.41 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a 12-month low of $52.17 and a 12-month high of $177.36. The firm’s fifty day moving average is $57.76 and its 200 day moving average is $62.01. The company has a market capitalization of $30.08 billion, a PE ratio of 9.56, a PEG ratio of 1.57 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data 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 net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. The business’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Tigress Financial reiterated a “buy” rating and set a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Rothschild & Co Redburn dropped their target price on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. JPMorgan Chase & Co. dropped their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average target price of $82.97.

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.