12,110 Shares in Fiserv, Inc. $FISV Acquired by Parallel Advisors LLC

Parallel Advisors LLC purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,110 shares of the business services provider’s stock, valued at approximately $813,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC boosted its stake in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after purchasing an additional 483 shares during the last quarter. Jump Financial LLC purchased a new stake in Fiserv during the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL boosted its stake 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. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of FISV opened at $52.72 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. 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 business has a fifty day moving average of $57.44 and a 200 day moving average of $61.30.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate 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 business’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, sell-side analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Morgan Stanley increased their target price on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Rothschild & Co Redburn cut their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. B. Riley Financial cut their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company cut their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Fiserv presently has an average rating of “Hold” and an average target price of $82.23.

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.