Fiserv, Inc. $FISV Shares Purchased by IFP Advisors Inc

IFP Advisors Inc raised its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 665.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,643 shares of the business services provider’s stock after purchasing an additional 69,234 shares during the period. IFP Advisors Inc’s holdings in Fiserv were worth $5,350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FISV. Vanguard Group Inc. acquired a new position in Fiserv during the fourth quarter worth approximately $3,507,063,000. Capital World Investors increased its position in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Fiserv during the fourth quarter worth approximately $223,136,000. Pittenger & Anderson Inc. acquired a new stake in shares of Fiserv in the fourth quarter worth $193,349,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Fiserv in the fourth quarter worth $174,502,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of FISV stock opened at $56.41 on Thursday. The company has a market capitalization of $30.08 billion, a PE ratio of 9.56, a price-to-earnings-growth ratio of 1.57 and a beta of 0.84. The firm has a fifty day simple moving average of $57.76 and a 200-day simple moving average of $62.01. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36.

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 analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate 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. Equities research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group dropped their price objective on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Wells Fargo & Company dropped their price objective on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research report on Friday, March 27th. Finally, Robert W. Baird set a $78.00 target price on shares of Fiserv in a research note on Wednesday, May 6th. 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 MarketBeat.com, Fiserv has an average rating of “Hold” and a consensus price target of $82.97.

Fiserv Company 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.