M. Kraus & Co purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 27,326 shares of the business services provider’s stock, valued at approximately $1,835,000.
A number of other hedge funds have also recently made changes to their positions in FISV. American National Bank & Trust acquired a new stake in shares of Fiserv during the fourth quarter valued at about $27,000. Sound Income Strategies LLC acquired a new stake in shares of Fiserv during the third quarter valued at about $28,000. Mendota Financial Group LLC acquired a new stake in shares of Fiserv during the fourth quarter valued at about $28,000. Capital Advisors Ltd. LLC acquired a new stake in shares of Fiserv during the fourth quarter valued at about $29,000. Finally, True Wealth Design LLC raised its position in shares of Fiserv by 3,750.0% during the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after acquiring an additional 225 shares during the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on FISV shares. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. B. Riley Financial lowered their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. BNP Paribas Exane raised their price objective on Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Mizuho lowered 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. Finally, Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Nine 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $105.59.
Fiserv Trading Down 1.8%
Shares of FISV stock opened at $55.32 on Wednesday. The company has a market cap of $29.58 billion, a P/E ratio of 8.73, a PEG ratio of 1.74 and a beta of 0.79. The stock has a 50 day simple moving average of $59.39 and a two-hundred day simple moving average of $74.92. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $221.50.
Fiserv (NASDAQ:FISV – Get Free Report) last issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.
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.
Further Reading
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