Caxton Associates LLP Reduces Position in Fiserv, Inc. $FISV

Caxton Associates LLP lowered its stake in Fiserv, Inc. (NASDAQ:FISV) by 19.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,353 shares of the business services provider’s stock after selling 11,760 shares during the period. Caxton Associates LLP’s holdings in Fiserv were worth $2,754,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Oakworth Capital Inc. purchased a new position in Fiserv in the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC purchased a new position in Fiserv during the fourth quarter worth approximately $27,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Performance

Fiserv stock opened at $51.02 on Friday. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $144.05. The company has a market capitalization of $27.21 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 1.40 and a beta of 0.82. The stock has a fifty day moving average of $52.21 and a two-hundred day moving average of $57.73. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its earnings results 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. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts anticipate that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of Fiserv stock in a transaction dated Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the transaction, the chief financial officer owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.06% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of recent analyst reports. Mizuho dropped their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research report on Wednesday, May 6th. Barclays began coverage on shares of Fiserv in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $58.00 target price for the company. Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, June 12th. Finally, Keefe, Bruyette & Woods dropped their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Six equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and a consensus target price of $76.57.

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.