Crescent Grove Advisors LLC Invests $5.36 Million in Fiserv, Inc. $FISV

Crescent Grove Advisors LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 79,755 shares of the business services provider’s stock, valued at approximately $5,357,000.

Several other institutional investors and hedge funds have also recently modified their holdings of FISV. Vanguard Group Inc. purchased a new stake in shares of Fiserv in the 4th quarter worth about $3,507,063,000. Geode Capital Management LLC purchased a new stake in shares of Fiserv in the 4th quarter worth about $854,215,000. Norges Bank purchased a new stake in shares of Fiserv in the 4th quarter worth about $555,964,000. Capital World Investors lifted its position in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the period. Finally, Legal & General Group Plc purchased a new stake in shares of Fiserv in the 4th quarter worth about $250,877,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on FISV. UBS Group set a $65.00 price target on shares of Fiserv and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. TD Cowen reissued a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. Susquehanna reissued a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Robert W. Baird set a $78.00 price target on shares of Fiserv in a research report on Wednesday, May 6th. Finally, B. Riley Financial lowered their price target on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Nine investment 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 stock. Based on data from MarketBeat.com, Fiserv has an average rating of “Hold” and an average target price of $82.80.

Fiserv Trading Down 2.4%

Shares of NASDAQ FISV opened at $55.08 on Thursday. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The stock has a market cap of $29.37 billion, a P/E ratio of 9.34, a price-to-earnings-growth ratio of 1.58 and a beta of 0.79. The firm has a 50-day moving average of $57.54 and a 200 day moving average of $61.47. 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 released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. 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 fiscal year.

Fiserv 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.