Taylor Financial Group Inc. Purchases Shares of 27,846 Fiserv, Inc. $FISV

Taylor Financial Group Inc. purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,846 shares of the business services provider’s stock, valued at approximately $1,870,000. Fiserv comprises approximately 1.1% of Taylor Financial Group Inc.’s holdings, making the stock its 22nd largest position.

A number of other institutional investors have also recently made changes to their positions in FISV. Brighton Jones LLC grew its position in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC grew its position in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Fiserv by 21.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after buying an additional 483 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Fiserv in the 2nd quarter valued at about $1,001,000. Finally, Gamco Investors INC. ET AL grew its position in shares of Fiserv by 7.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

FISV has been the topic of a number of analyst reports. Compass Point reduced their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. BNP Paribas Exane cut their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Northcoast Research lowered Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Finally, The Goldman Sachs Group cut their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $82.97.

Fiserv Stock Up 0.7%

FISV stock opened at $56.41 on Thursday. The stock’s 50 day simple moving average is $57.76 and its 200 day simple moving average is $62.01. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $30.08 billion, a P/E ratio of 9.56, a price-to-earnings-growth ratio of 1.57 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued 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. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.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. On average, research analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.