Danica Pension Livsforsikringsaktieselskab Has $27.25 Million Stock Holdings in Fiserv, Inc. $FISV

Danica Pension Livsforsikringsaktieselskab trimmed its position in Fiserv, Inc. (NASDAQ:FISV) by 42.8% during the first quarter, Holdings Channel reports. The firm owned 488,383 shares of the business services provider’s stock after selling 364,752 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Fiserv were worth $27,252,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after acquiring an additional 2,033 shares during the period. Bison Wealth LLC raised its stake in 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 acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. raised its stake in 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 acquiring an additional 483 shares during the period. Jump Financial LLC acquired a new stake in Fiserv during the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL lifted its holdings in Fiserv by 7.2% during 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 purchasing an additional 350 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Insiders Place Their Bets

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the acquisition, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.06% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the company a “hold” rating in a report on Friday, May 29th. Barclays began coverage on shares of Fiserv in a research note on Wednesday, July 8th. They set an “equal weight” rating and a $58.00 target price for the company. Wells Fargo & Company set a $56.00 price target on shares of Fiserv and gave the company an “equal weight” rating in a research note on Thursday, July 9th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Raymond James Financial restated a “market perform” rating on shares of Fiserv in a research report on Tuesday, July 7th. Seven equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $77.23.

Fiserv Stock Down 2.1%

FISV opened at $50.61 on Wednesday. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $167.39. 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 capitalization of $26.99 billion, a P/E ratio of 8.58, a P/E/G ratio of 1.45 and a beta of 0.82. The stock has a fifty day moving average of $52.40 and a 200-day moving average of $58.01.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The business’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. On average, equities analysts expect that Fiserv, Inc. will post 8.13 EPS 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.