Universal Beteiligungs und Servicegesellschaft mbH Acquires 27,434 Shares of Fiserv, Inc. $FISV

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Fiserv, Inc. (NASDAQ:FISV) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 575,866 shares of the business services provider’s stock after buying an additional 27,434 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.11% of Fiserv worth $74,246,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new stake in shares of Fiserv during the 2nd quarter valued at $34,000. Clear Street LLC acquired a new position in Fiserv in the second quarter valued at about $34,000. Armstrong Advisory Group Inc. lifted its position in Fiserv by 178.9% during the second quarter. Armstrong Advisory Group Inc. now owns 212 shares of the business services provider’s stock worth $37,000 after purchasing an additional 136 shares during the period. Sound Income Strategies LLC acquired a new stake in Fiserv during the third quarter worth about $28,000. Finally, True Wealth Design LLC increased its holdings in Fiserv by 3,750.0% in the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after buying an additional 225 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling

In related news, Director Lance M. Fritz bought 10,000 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were purchased at an average cost of $65.18 per share, with a total value of $651,800.00. Following the acquisition, the director owned 13,086 shares of the company’s stock, valued at $852,945.48. This represents a 324.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Paul M. Todd purchased 17,000 shares of Fiserv stock in a transaction on Monday, December 1st. The stock was bought at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the transaction, the chief financial officer directly owned 24,453 shares in the company, valued at approximately $1,526,111.73. The trade was a 228.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 34,900 shares of company stock valued at $2,211,971 in the last three months. Insiders own 0.75% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Wall Street Zen downgraded shares of Fiserv from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. KeyCorp cut Fiserv from an “overweight” rating to a “hold” rating in a report on Thursday, October 30th. Mizuho dropped their price objective on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, December 22nd. Morgan Stanley cut Fiserv from an “overweight” rating to an “equal weight” rating and set a $81.00 target price on the stock. in a research report on Friday, November 14th. Finally, The Goldman Sachs Group cut shares of Fiserv from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $149.00 to $79.00 in a report on Thursday, October 30th. Ten equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv presently has an average rating of “Hold” and a consensus target price of $112.92.

Fiserv Stock Performance

NASDAQ:FISV opened at $64.49 on Wednesday. The stock has a market cap of $35.06 billion, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 2.72 and a beta of 0.80. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.15. The stock’s 50-day moving average is $65.76 and its 200-day moving average is $107.14. Fiserv, Inc. has a 1-year low of $59.56 and a 1-year high of $238.59.

Fiserv (NASDAQ:FISV) last posted its earnings results on Wednesday, October 29th. The business services provider reported $2.04 EPS for the quarter, missing the consensus estimate of $2.64 by ($0.60). Fiserv had a return on equity of 19.47% and a net margin of 17.05%.The business had revenue of $4.92 billion for the quarter, compared to analyst estimates of $5.37 billion. During the same quarter in the prior year, the business earned $2.30 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis. Fiserv has set its FY 2025 guidance at 8.500-8.600 EPS. Equities research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current year.

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.