Mondrian Investment Partners LTD Invests $51.90 Million in Fiserv, Inc. $FISV

Mondrian Investment Partners LTD acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 772,664 shares of the business services provider’s stock, valued at approximately $51,900,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Stonebridge Capital Advisors LLC grew its position in shares of 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. 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 worth $472,000 after buying an additional 116 shares during the last quarter. Cornerstone Planning Group LLC grew its position in shares of Fiserv by 50.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares during the last quarter. Twin City Private Wealth LLC grew its position in Fiserv by 5.0% during the 3rd quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after purchasing an additional 170 shares during the last quarter. Finally, ROI Financial Advisors LLC grew its position in Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after purchasing an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of NASDAQ FISV opened at $57.13 on Friday. The company has a current ratio of 1.06, a quick 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 company has a 50 day simple moving average of $57.66 and a two-hundred day simple moving average of $61.90. The stock has a market cap of $30.46 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.60 and a beta of 0.84.

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 business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The firm’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, analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on FISV shares. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a research report on Wednesday, May 6th. Mizuho dropped their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. BMO Capital Markets boosted their target price on shares of Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 15th. Finally, Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $82.97.

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.