Windward Capital Management Co. CA Acquires New Position in Fiserv, Inc. $FISV

Windward Capital Management Co. CA bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 195,936 shares of the business services provider’s stock, valued at approximately $13,161,000. Fiserv comprises 1.0% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Capital World Investors grew its holdings in Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after buying an additional 6,714,536 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Fiserv in the fourth quarter valued at about $174,502,000. Barclays PLC lifted its stake in shares of Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after purchasing an additional 1,895,349 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Fiserv in the fourth quarter worth about $87,458,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in shares of Fiserv in the fourth quarter worth about $77,198,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FISV opened at $61.55 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The company’s 50-day moving average price is $59.23 and its 200 day moving average price is $69.99. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $198.68. The firm has a market cap of $32.86 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 1.96 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The company had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the business posted $2.51 earnings per share. The company’s revenue for the quarter was up .6% 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 expect that Fiserv, Inc. will post 8.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. BNP Paribas Exane dropped their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. JPMorgan Chase & Co. dropped their price objective on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley set a $64.00 target price on shares of Fiserv in a research note on Wednesday, February 11th. Finally, Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and a consensus price target of $96.63.

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.