Dillon & Associates Inc. Buys Shares of 22,118 Fiserv, Inc. $FISV

Dillon & Associates Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel reports. The firm bought 22,118 shares of the business services provider’s stock, valued at approximately $1,482,000.

A number of other hedge funds have also recently modified their holdings of the company. Mmbg Investment Advisors CO. purchased a new stake in shares of Fiserv in the fourth quarter valued at about $232,000. America First Investment Advisors LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at about $25,053,000. Cary Street Partners Financial LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at about $858,000. Harbour Investments Inc. purchased a new stake in shares of Fiserv in the fourth quarter valued at about $801,000. Finally, Eukles Asset Management purchased a new stake in shares of Fiserv in the fourth quarter valued at about $520,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a report on Wednesday, May 6th. Cantor Fitzgerald dropped their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada set a $75.00 price objective on shares of Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Compass Point dropped their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $82.97.

Fiserv Stock Performance

NASDAQ FISV opened at $57.13 on Tuesday. The firm has a 50 day simple moving average of $57.68 and a 200-day simple moving average of $61.82. 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, Inc. has a one year low of $52.17 and a one year high of $177.36. The firm has a market cap of $30.46 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.60 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS 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 analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. 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. Equities research analysts anticipate 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.