Healthcare of Ontario Pension Plan Trust Fund Acquires New Holdings in Fiserv, Inc. $FISV

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,849,567 shares of the business services provider’s stock, valued at approximately $124,235,000.

A number of other institutional investors have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC grew its holdings in Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after purchasing an additional 98 shares during the period. Bison Wealth LLC grew its holdings in Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the period. ROI Financial Advisors LLC grew its holdings in Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the period. WASHINGTON TRUST Co grew its holdings in Fiserv by 3.5% during the third quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock valued at $667,000 after purchasing an additional 175 shares during the period. Finally, Notis McConarty Edward grew its holdings in Fiserv by 0.5% during the third quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock valued at $4,621,000 after purchasing an additional 185 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Up 1.4%

Fiserv stock opened at $53.78 on Friday. The stock has a market capitalization 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. Fiserv, Inc. has a twelve month low of $51.78 and a twelve month high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a 50 day moving average of $57.33 and a 200-day moving average of $61.10.

Fiserv (NASDAQ:FISV) last released 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 net margin of 15.17% and a return on equity of 17.46%. The company’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 research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a report on Wednesday, March 11th. Keefe, Bruyette & Woods reduced their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. The Goldman Sachs Group reduced their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a report on Monday, April 13th. TD Cowen reiterated a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Finally, Mizuho reduced their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $82.23.

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.