95,383 Shares in Fiserv, Inc. $FISV Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, Holdings Channel.com reports. The firm purchased 95,383 shares of the business services provider’s stock, valued at approximately $6,407,000.

Other hedge funds have also bought and sold shares of the company. Oakworth Capital Inc. bought a new position in Fiserv during the fourth quarter valued at $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the fourth quarter valued at $25,000. American National Bank & Trust bought a new position in Fiserv during the fourth quarter valued at $27,000. Kimelman & Baird LLC bought a new position in Fiserv during the fourth quarter valued at $27,000. Finally, Mendota Financial Group LLC bought a new position in Fiserv during the fourth quarter valued at $28,000. Institutional investors own 90.98% of the company’s stock.

Analysts Set New Price Targets

FISV has been the topic of a number of analyst reports. Mizuho cut their price objective on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. B. Riley Financial lowered their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. BMO Capital Markets boosted their target price on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. Finally, Susquehanna reissued a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and an average price target of $82.23.

Fiserv Stock Performance

FISV stock 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 business has a 50-day moving average price of $57.49 and a 200 day moving average price of $61.36. The company has a market capitalization of $29.02 billion, a P/E ratio of 9.23, a PEG ratio of 1.52 and a beta of 0.80. Fiserv, Inc. has a 1-year low of $52.17 and a 1-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, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.Fiserv’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, equities research analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal 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.