44,809 Shares in Fiserv, Inc. $FISV Bought by MGO One Seven LLC

MGO One Seven LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 44,809 shares of the business services provider’s stock, valued at approximately $3,010,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Crestwood Advisors Group LLC bought a new position in shares of Fiserv in the 4th quarter worth about $3,515,000. Oak Family Advisors LLC acquired a new position in shares of Fiserv in the 4th quarter valued at about $2,968,000. Sequoia Financial Advisors LLC bought a new stake in shares of Fiserv during the 4th quarter valued at about $1,996,000. Praxis Investment Management Inc. acquired a new stake in Fiserv during the fourth quarter worth about $925,000. Finally, K.J. Harrison & Partners Inc acquired a new stake in Fiserv during the fourth quarter worth about $1,276,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of research reports. Tigress Financial restated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Stephens reduced their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Truist Financial lowered their price objective on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Finally, UBS Group set a $65.00 target price on Fiserv and gave the stock a “neutral” rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Fiserv has an average rating of “Hold” and an average target price of $87.48.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $55.48 on Friday. The firm’s 50 day moving average is $59.09 and its two-hundred day moving average is $65.65. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $191.91. The firm has a market capitalization of $29.58 billion, a P/E ratio of 9.40, a PEG ratio of 1.72 and a beta of 0.84. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts anticipate that Fiserv, Inc. will post 8.14 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.