13,085 Shares in Fiserv, Inc. $FISV Bought by WESCAP Management Group Inc.

WESCAP Management Group Inc. bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The firm bought 13,085 shares of the business services provider’s stock, valued at approximately $879,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Fiserv by 91.9% during the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares during the period. Bison Wealth LLC lifted 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 in the last quarter. Schnieders Capital Management LLC. boosted its position 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 worth $480,000 after acquiring an additional 483 shares during the last quarter. Jump Financial LLC bought a new position in shares of Fiserv in the second quarter valued at about $1,001,000. Finally, Gamco Investors INC. ET AL lifted its stake in shares of 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 worth $897,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

NASDAQ:FISV opened at $54.43 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $29.02 billion, a PE ratio of 9.23, a P/E/G ratio of 1.52 and a beta of 0.80. The firm’s 50 day simple moving average is $57.49 and its 200 day simple moving average is $61.36. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm 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 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, research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on FISV shares. Morgan Stanley upped their price target on shares of Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Susquehanna restated a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Rothschild & Co Redburn reduced their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a report on Tuesday, May 12th. Cantor Fitzgerald decreased their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Keefe, Bruyette & Woods lowered their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. 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 company’s stock. According to data from MarketBeat.com, Fiserv has an average rating of “Hold” and a consensus 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.