Intrepid Capital Management Inc. bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,038 shares of the business services provider’s stock, valued at approximately $1,144,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Stonebridge Capital Advisors LLC boosted its stake in Fiserv by 2.3% in the second 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 in the last quarter. Bison Wealth LLC boosted its stake in Fiserv by 5.3% in the fourth 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 in the last quarter. ROI Financial Advisors LLC boosted its stake in Fiserv by 10.3% in the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares in the last quarter. WASHINGTON TRUST Co boosted its stake in Fiserv by 3.5% in the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after buying an additional 175 shares in the last quarter. Finally, Notis McConarty Edward boosted its stake in Fiserv by 0.5% in the third quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock worth $4,621,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. The Goldman Sachs Group dropped their price objective on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Cantor Fitzgerald dropped their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, TD Cowen reissued a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and a consensus price target of $82.23.
Fiserv Stock Performance
Shares of FISV stock opened at $53.78 on Friday. The stock has a fifty day moving average of $57.33 and a 200 day moving average of $61.10. Fiserv, Inc. has a 52 week low of $51.78 and a 52 week high of $177.36. The firm has a market capitalization of $28.68 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 1.51 and a beta of 0.79. 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 (NASDAQ:FISV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. The company’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. As a group, research analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.
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.
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