Wealthfront Advisers LLC Makes New Investment in Fiserv, Inc. $FISV

Wealthfront Advisers LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 54,874 shares of the business services provider’s stock, valued at approximately $3,686,000.

Several other institutional investors have also recently made changes to their positions in FISV. Nordea Investment Management AB lifted its stake in Fiserv by 4.1% in the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock valued at $258,854,000 after buying an additional 78,220 shares in the last quarter. Chicago Capital LLC bought a new position in Fiserv in the fourth quarter valued at approximately $1,316,000. AGF Management Ltd. lifted its stake in Fiserv by 55.4% in the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock valued at $25,080,000 after buying an additional 69,383 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Fiserv by 3.9% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock valued at $362,128,000 after buying an additional 109,427 shares in the last quarter. Finally, CMH Wealth Management LLC lifted its stake in Fiserv by 49.6% in the third quarter. CMH Wealth Management LLC now owns 86,676 shares of the business services provider’s stock valued at $11,175,000 after buying an additional 28,729 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Loop Capital assumed coverage on shares of Fiserv in a research note on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price target on the stock. Morgan Stanley cut their price target on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating on the stock in a research note on Tuesday. BMO Capital Markets assumed coverage on shares of Fiserv in a research note on Tuesday, April 21st. They issued a “market perform” rating and a $65.00 price target on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $70.00 price target on shares of Fiserv in a research note on Wednesday, March 11th. Finally, Tigress Financial reissued a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Eight research 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $92.41.

Fiserv Stock Performance

NASDAQ FISV opened at $62.14 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm’s fifty day moving average price is $59.26 and its two-hundred day moving average price is $67.78. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $191.91. The firm has a market capitalization of $33.18 billion, a P/E ratio of 9.80, a price-to-earnings-growth ratio of 1.95 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted 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 net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period in the prior year, the firm posted $2.51 earnings per share. The company’s quarterly revenue 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, research analysts anticipate that Fiserv, Inc. will post 8.11 EPS 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.