Vulcan Value Partners LLC Buys Shares of 1,437,643 Fiserv, Inc. $FISV

Vulcan Value Partners LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel reports. The firm purchased 1,437,643 shares of the business services provider’s stock, valued at approximately $96,507,000. Fiserv accounts for 1.8% of Vulcan Value Partners LLC’s portfolio, making the stock its 16th biggest position.

Other hedge funds also recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new position in shares of Fiserv during the third quarter worth $30,000. WFA of San Diego LLC acquired a new position in shares of Fiserv during the second quarter worth $55,000. Oakworth Capital Inc. acquired a new position in shares of Fiserv during the fourth quarter worth $25,000. Kimelman & Baird LLC acquired a new position in shares of Fiserv during the fourth quarter worth $27,000. Finally, American National Bank & Trust acquired a new position in shares of Fiserv during the fourth quarter worth $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. BMO Capital Markets lifted their price target on shares of Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. B. Riley Financial cut their price target on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Mizuho cut their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Finally, Tigress Financial reiterated a “buy” rating and set a $95.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $82.97.

Fiserv Price Performance

FISV stock opened at $55.62 on Thursday. The company’s fifty day simple moving average is $57.62 and its 200 day simple moving average is $61.72. Fiserv, Inc. has a 12-month low of $52.17 and a 12-month high of $177.36. The firm has a market cap of $29.66 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.56 and a beta of 0.84. 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 (NASDAQ:FISV) last announced 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. 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 analyst estimates of $4.73 billion. The business’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. On average, analysts expect that Fiserv, Inc. will post 8.14 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.