Staley Capital Advisers Inc. Reduces Position in Fiserv, Inc. $FISV

Staley Capital Advisers Inc. lessened its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 13.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,159 shares of the business services provider’s stock after selling 17,615 shares during the quarter. Staley Capital Advisers Inc.’s holdings in Fiserv were worth $6,147,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oakworth Capital Inc. bought a new position in Fiserv in the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv during the fourth quarter worth $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv during the fourth quarter worth $27,000. Kimelman & Baird LLC bought a new position in shares of Fiserv in the fourth quarter worth $27,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Fiserv in the fourth quarter valued at $27,000. Institutional investors own 90.98% of the company’s stock.

More Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Shares were boosted by reports that major U.S. banks are exploring a possible purchase of Fiserv’s STAR debit network, with investors viewing the network as a valuable strategic asset that could unlock significant proceeds for Fiserv. Fiserv’s executive turnover continues with president’s resignation
• Positive Sentiment: Analysts at Barclays assigned Fiserv an “equal weight” rating with a $58 price target, while JPMorgan’s new $62 target still implies upside from recent trading levels, suggesting Wall Street sees some value even after the pullback. JPMorgan price target cut on Fiserv
• Neutral Sentiment: Coverage from Barclays and JPMorgan reflects a cautious but not outright bearish stance, with both firms maintaining neutral-type views as investors wait for more clarity on any asset sale and Fiserv’s strategic direction. Fiserv (FISV) Banks Are Circling STAR And Debit Fees Could Be Next
• Neutral Sentiment: Fiserv President Dhivya Suryadevara resigned, adding to the company’s recent executive turnover and creating uncertainty around management stability during a period of strategic review. Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
• Negative Sentiment: Some analysts warned that a potential sale of the debit network could face regulatory scrutiny and political resistance, which could limit the likelihood or value of any transaction. FISV stock draws attention after debit network sale buzz: This analyst warns deal could face regulatory scrutiny

Insider Activity at Fiserv

In related news, CFO Paul M. Todd acquired 10,060 shares of the stock in a transaction dated Wednesday, June 17th. The shares were purchased at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This represents a 5.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 0.06% of the stock is owned by insiders.

Fiserv Stock Performance

NASDAQ:FISV opened at $50.60 on Thursday. The stock has a market cap of $26.98 billion, a P/E ratio of 8.58, a PEG ratio of 1.48 and a beta of 0.82. 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 business’s 50-day moving average price is $53.67 and its two-hundred day moving average price is $59.08. Fiserv, Inc. has a twelve month low of $47.04 and a twelve month high of $171.77.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The company had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s 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. As a group, equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Analyst Ratings Changes

FISV has been the topic of a number of analyst reports. Morgan Stanley boosted their price objective on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. 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. Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Rothschild & Co Redburn lowered their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Finally, Cantor Fitzgerald cut their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Seven analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $77.87.

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.