FFT Wealth Management LLC Buys Shares of 26,483 Fiserv, Inc. $FISV

FFT Wealth Management LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,483 shares of the business services provider’s stock, valued at approximately $1,779,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oakworth Capital Inc. bought a new stake in Fiserv during the 4th quarter valued at $25,000. American National Bank & Trust bought a new stake in Fiserv during the 4th quarter valued at $27,000. Kimelman & Baird LLC bought a new stake in Fiserv during the 4th quarter valued at $27,000. Mendota Financial Group LLC bought a new stake in Fiserv during the 4th quarter valued at $28,000. Finally, Capital Advisors Ltd. LLC bought a new stake in Fiserv during the 4th quarter valued at $29,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald reduced their price target 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. Raymond James Financial lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 15th. Finally, Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $82.97.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $57.13 on Monday. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36. The firm has a fifty day moving average of $57.66 and a 200 day moving average of $61.88. The firm has a market capitalization of $30.46 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. 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 announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. The firm’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. As a group, research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current fiscal 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.