Havemeyer Place LP Invests $3.74 Million in Fiserv, Inc. $FISV

Havemeyer Place LP acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, Holdings Channel reports. The fund acquired 55,672 shares of the business services provider’s stock, valued at approximately $3,739,000. Fiserv makes up 0.7% of Havemeyer Place LP’s holdings, making the stock its 11th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the company. Stonebridge Capital Advisors LLC lifted its stake in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC lifted its stake in shares of Fiserv by 5.3% during the fourth 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 period. ROI Financial Advisors LLC lifted its stake in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after buying an additional 175 shares during the period. WASHINGTON TRUST Co lifted its stake in shares of Fiserv by 3.5% during the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock valued at $667,000 after buying an additional 175 shares during the period. Finally, Notis McConarty Edward lifted its stake in shares of Fiserv by 0.5% during the third quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock valued at $4,621,000 after buying an additional 185 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

NASDAQ:FISV opened at $54.43 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $29.02 billion, a P/E ratio of 9.23, a P/E/G ratio of 1.52 and a beta of 0.79. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The firm’s 50 day moving average is $57.49 and its two-hundred day moving average is $61.37.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Cantor Fitzgerald reduced their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings raised shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the company a “hold” rating in a research note on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $82.23.

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.