2,200,000 Shares in Fiserv, Inc. $FISV Acquired by Baupost Group LLC MA

Baupost Group LLC MA purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel reports. The firm purchased 2,200,000 shares of the business services provider’s stock, valued at approximately $147,774,000. Fiserv accounts for about 2.8% of Baupost Group LLC MA’s portfolio, making the stock its 14th largest holding.

Several other hedge funds have also made changes to their positions in FISV. Brighton Jones LLC lifted its holdings in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC raised its stake in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares in the last quarter. Jump Financial LLC bought a new stake in Fiserv during the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL raised its stake in Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after acquiring an additional 350 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FISV. Deutsche Bank Aktiengesellschaft cut their target price on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Susquehanna reaffirmed a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Citigroup cut their target price on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Finally, Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. Nine equities 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $82.23.

Fiserv Stock Up 1.4%

Shares of FISV stock opened at $53.78 on Friday. Fiserv, Inc. has a 1 year low of $51.78 and a 1 year high of $177.36. The stock has a market cap of $28.68 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 1.51 and a beta of 0.79. The business’s fifty day moving average is $57.33 and its 200-day moving average is $61.10. 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 (NASDAQ:FISV) last issued its quarterly 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 company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The firm’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. Equities analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.