Capital World Investors Makes New Investment in Fiserv, Inc. $FISV

Capital World Investors bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel.com reports. The firm bought 4,845,466 shares of the business services provider’s stock, valued at approximately $325,470,000.

Other institutional investors also recently bought and sold shares of the company. Redmont Wealth Advisors LLC purchased a new stake in Fiserv during the third quarter worth $30,000. WFA of San Diego LLC purchased a new stake in Fiserv during the second quarter worth $55,000. Oakworth Capital Inc. acquired a new position in shares of Fiserv in the fourth quarter worth $25,000. Private Wealth Asset Management LLC acquired a new position in shares of Fiserv in the fourth quarter worth $25,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Fiserv in the fourth quarter worth $27,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on FISV shares. Deutsche Bank Aktiengesellschaft cut their price target on Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. Wells Fargo & Company cut their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Stephens cut their price target on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. UBS Group set a $65.00 price target on Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, TD Cowen reissued a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Fiserv presently has an average rating of “Hold” and an average target price of $82.23.

Fiserv Stock Performance

Fiserv stock opened at $52.72 on Tuesday. The firm has a market capitalization of $28.11 billion, a P/E ratio of 8.94, a PEG ratio of 1.52 and a beta of 0.80. The stock has a fifty day moving average price of $57.44 and a 200 day moving average price of $61.30. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36. 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 (NASDAQ:FISV) last released its earnings results 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. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’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. Equities research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current 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.