Stieven Capital Advisors L.P. Purchases New Holdings in Fiserv, Inc. $FISV

Stieven Capital Advisors L.P. purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 89,000 shares of the business services provider’s stock, valued at approximately $5,978,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new stake in Fiserv during the third quarter valued at approximately $30,000. Westfuller Advisors LLC acquired a new stake in Fiserv during the third quarter valued at approximately $36,000. WFA of San Diego LLC acquired a new stake in Fiserv during the second quarter valued at approximately $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv during the fourth quarter valued at approximately $25,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Fiserv in the 4th quarter worth approximately $27,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

FISV opened at $57.13 on Friday. 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 12 month low of $52.17 and a 12 month high of $177.36. The company has a fifty day simple moving average of $57.66 and a 200 day simple moving average of $61.90. The stock has a market cap of $30.46 billion, a P/E ratio of 9.68, a P/E/G ratio of 1.56 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last released 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 business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Cantor Fitzgerald reduced their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Mizuho reduced their target price on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. 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. 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 research report on Wednesday, February 11th. Finally, Susquehanna restated a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $82.97.

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.