Buckhead Capital Management LLC Takes $3.28 Million Position in Fiserv, Inc. $FISV

Buckhead Capital Management LLC acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel reports. The firm acquired 48,778 shares of the business services provider’s stock, valued at approximately $3,276,000.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in shares of Fiserv during the fourth quarter valued at about $3,507,063,000. Capital World Investors grew its position in shares of Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares in the last quarter. Legal & General Group Plc grew its position in shares of Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock valued at $469,051,000 after purchasing an additional 131,935 shares in the last quarter. Barclays PLC grew its position 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 valued at $454,982,000 after purchasing an additional 1,895,349 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fiserv during the fourth quarter valued at about $223,136,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on FISV shares. Truist Financial cut their price objective on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Stephens cut 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. Northcoast Research lowered Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Rothschild & Co Redburn dropped their price target on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. Finally, Robert W. Baird set a $78.00 price objective on Fiserv in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $82.97.

Fiserv Stock Up 2.3%

Shares of NASDAQ:FISV opened at $57.13 on Friday. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The business has a 50 day simple moving average of $57.66 and a two-hundred day simple moving average of $61.90. The firm has a market capitalization of $30.46 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $4.73 billion. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

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.