Milford Funds Ltd. Purchases New Shares in Fiserv, Inc. $FISV

Milford Funds Ltd. purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 608,215 shares of the business services provider’s stock, valued at approximately $40,854,000. Milford Funds Ltd. owned 0.11% of Fiserv at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Oakworth Capital Inc. acquired a new position in Fiserv in the 4th quarter valued at $25,000. Private Wealth Asset Management LLC acquired a new position in Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust acquired a new position in Fiserv in the 4th quarter valued at $27,000. Kimelman & Baird LLC acquired a new position in Fiserv in the 4th quarter valued at $27,000. Finally, Goodman Advisory Group LLC acquired a new position in Fiserv in the 4th quarter valued at $27,000. 90.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FISV has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. Susquehanna reissued a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Wells Fargo & Company lowered their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Tigress Financial reissued a “buy” rating and issued a $95.00 price target on shares of Fiserv in a research note on Wednesday, March 11th. Finally, Morgan Stanley increased their price target on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Fiserv has a consensus rating of “Hold” and an average target price of $82.23.

Fiserv Stock Performance

NASDAQ:FISV opened at $53.78 on Friday. The company has a fifty day moving average of $57.33 and a 200-day moving average of $61.10. The firm has a market capitalization of $28.68 billion, a P/E ratio of 9.12, a P/E/G ratio of 1.49 and a beta of 0.79. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a twelve month low of $51.78 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data 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 company 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 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. As a group, sell-side analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current 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.