Lee Danner & Bass Inc. Boosts Stock Holdings in Fiserv, Inc. $FISV

Lee Danner & Bass Inc. lifted its position in Fiserv, Inc. (NASDAQ:FISV) by 104.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,853 shares of the business services provider’s stock after acquiring an additional 47,350 shares during the quarter. Lee Danner & Bass Inc.’s holdings in Fiserv were worth $5,181,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in Fiserv during the fourth quarter worth about $3,507,063,000. Dodge & Cox purchased a new stake in Fiserv in the 4th quarter valued at about $3,323,210,000. Capital World Investors lifted its position in shares of Fiserv by 35.2% during 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 buying an additional 6,714,536 shares in the last quarter. State Street Corp bought a new position in shares of Fiserv during the 4th quarter worth approximately $1,588,663,000. Finally, Geode Capital Management LLC purchased a new position in shares of Fiserv in the 4th quarter worth approximately $854,215,000. 90.98% of the stock is owned by institutional investors.

Fiserv Price Performance

Fiserv stock opened at $52.33 on Friday. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $175.92. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The business’s 50 day simple moving average is $54.24 and its 200 day simple moving average is $59.49. The company has a market cap of $27.90 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 1.46 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on FISV shares. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Citigroup cut their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. UBS Group set a $65.00 target price on Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods lowered their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $82.23.

Insider Buying and Selling at Fiserv

In other news, CFO Paul M. Todd acquired 10,060 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the acquisition, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

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.