Trajan Wealth LLC Makes New Investment in Fiserv, Inc. $FISV

Trajan Wealth LLC purchased a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 227,478 shares of the business services provider’s stock, valued at approximately $15,280,000.

Several other institutional investors have also added to or reduced their stakes in FISV. Stonebridge Capital Advisors LLC lifted its holdings in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares during the period. Bison Wealth LLC lifted its holdings in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after purchasing an additional 158 shares during the period. Twin City Private Wealth LLC lifted its holdings in shares of Fiserv by 5.0% during the third quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after purchasing an additional 170 shares during the period. Finally, ROI Financial Advisors LLC lifted its holdings in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on FISV. B. Riley Financial decreased their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Finally, BMO Capital Markets lifted their target price on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $82.97.

Fiserv Stock Up 0.7%

Shares of FISV stock opened at $56.41 on Thursday. The stock has a 50 day moving average of $57.76 and a 200 day moving average of $62.01. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market cap of $30.08 billion, a P/E ratio of 9.56, a P/E/G ratio of 1.57 and a beta of 0.84. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results 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. The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’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. As a group, sell-side analysts expect that Fiserv, Inc. will post 8.14 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.