Corus Family Wealth Advisors Takes Position in Fiserv, Inc. $FISV

Corus Family Wealth Advisors purchased a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) in the fourth quarter, Holdings Channel reports. The firm purchased 278,692 shares of the business services provider’s stock, valued at approximately $18,720,000. Fiserv comprises about 14.9% of Corus Family Wealth Advisors’ holdings, making the stock its 2nd largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Buttonwood Financial Advisors Inc. bought a new position in Fiserv during the 4th quarter worth $3,908,000. Hartford Investment Management Co. bought a new position in Fiserv during the 4th quarter worth $2,086,000. Investors Asset Management of Georgia Inc. GA ADV bought a new position in Fiserv during the 4th quarter worth $469,000. Purkiss Capital Advisors LLC bought a new position in Fiserv during the 4th quarter worth $478,000. Finally, Provident Investment Management Inc. bought a new position in Fiserv during the 4th quarter worth $913,000. 90.98% of the stock is currently owned by institutional investors.

More Fiserv News

Here are the key news stories impacting Fiserv this week:

Wall Street Analysts Forecast Growth

FISV has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 28th. Susquehanna reissued a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Zacks Research raised Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Truist Financial decreased their price target on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Finally, Cantor Fitzgerald decreased their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Fiserv has a consensus rating of “Hold” and an average price target of $83.57.

Get Our Latest Report on FISV

Fiserv Trading Up 0.9%

NASDAQ:FISV opened at $54.88 on Wednesday. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $191.91. The stock has a market cap of $29.26 billion, a price-to-earnings ratio of 9.30, a PEG ratio of 1.68 and a beta of 0.84. The business has a fifty day moving average of $58.67 and a 200-day moving average of $64.17. 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:FISVGet Free Report) last announced its earnings results 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 business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s quarterly 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. Equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Fiserv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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