Delaney Dennis R bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 41,740 shares of the business services provider’s stock, valued at approximately $2,804,000. Fiserv accounts for 1.4% of Delaney Dennis R’s holdings, making the stock its 27th largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of FISV. Vanguard Group Inc. purchased a new position in shares of Fiserv in the 4th quarter worth approximately $3,507,063,000. Dodge & Cox purchased a new position in shares of Fiserv in the 4th quarter worth approximately $3,323,210,000. State Street Corp purchased a new position in shares of Fiserv in the 4th quarter worth approximately $1,588,663,000. Geode Capital Management LLC purchased a new position in shares of Fiserv in the 4th quarter worth approximately $854,215,000. Finally, Morgan Stanley purchased a new position in shares of Fiserv in the 4th quarter worth approximately $798,104,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on FISV shares. Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday. Loop Capital dropped their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Finally, Mizuho dropped their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Nine 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. Based on data from MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average price target of $82.23.
More Fiserv News
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
- Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
- Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
- Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
- Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title
Fiserv Price Performance
FISV opened at $49.83 on Wednesday. The business has a fifty day moving average of $57.04 and a 200 day moving average of $60.93. Fiserv, Inc. has a 52-week low of $47.37 and a 52-week high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market cap of $26.57 billion, a P/E ratio of 8.45, a PEG ratio of 1.34 and a beta of 0.79.
Fiserv (NASDAQ:FISV – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $4.73 billion. The company’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. As a group, sell-side analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.
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.
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