Commonwealth Equity Services LLC Acquires Shares of 87,616 Fiserv, Inc. $FISV

Commonwealth Equity Services LLC acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 87,616 shares of the business services provider’s stock, valued at approximately $5,885,000.

A number of other large investors have also added to or reduced their stakes in FISV. Oakworth Capital Inc. bought a new stake in shares of Fiserv in the 4th quarter worth $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv in the 4th quarter worth $25,000. American National Bank & Trust bought a new stake in shares of Fiserv in the 4th quarter worth $27,000. Kimelman & Baird LLC bought a new stake in shares of Fiserv in the 4th quarter worth $27,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Fiserv in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the subject of a number of research analyst reports. Robert W. Baird set a $78.00 target price on Fiserv in a report on Wednesday, May 6th. The Goldman Sachs Group reduced their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a report on Monday, April 13th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a report on Friday. Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Finally, Truist Financial set a $58.00 target price on Fiserv and gave the stock a “hold” rating in a report on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $82.23.

Fiserv Stock Down 3.2%

Fiserv stock opened at $54.43 on Friday. The stock has a market cap of $29.02 billion, a PE ratio of 9.23, a price-to-earnings-growth ratio of 1.57 and a beta of 0.79. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. The stock has a fifty day moving average of $57.49 and a 200 day moving average of $61.37.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter 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 predict that Fiserv, Inc. will post 8.14 EPS for the current 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.