Fiserv, Inc. $FISV Shares Purchased by Staley Capital Advisers Inc.

Staley Capital Advisers Inc. raised its holdings in Fiserv, Inc. (NASDAQ:FISV) by 6.2% in the third quarter, Holdings Channel.com reports. The fund owned 451,774 shares of the business services provider’s stock after acquiring an additional 26,504 shares during the period. Fiserv comprises 2.4% of Staley Capital Advisers Inc.’s portfolio, making the stock its 12th biggest holding. Staley Capital Advisers Inc.’s holdings in Fiserv were worth $58,247,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FISV. Fairtree Asset Management Pty Ltd lifted its stake in Fiserv by 147.6% during the third quarter. Fairtree Asset Management Pty Ltd now owns 11,302 shares of the business services provider’s stock valued at $1,457,000 after purchasing an additional 6,737 shares during the last quarter. Journey Strategic Wealth LLC increased its holdings in shares of Fiserv by 75.0% in the third quarter. Journey Strategic Wealth LLC now owns 3,006 shares of the business services provider’s stock valued at $388,000 after buying an additional 1,288 shares in the last quarter. APG Asset Management N.V. increased its holdings in shares of Fiserv by 4.4% in the third quarter. APG Asset Management N.V. now owns 453,486 shares of the business services provider’s stock valued at $58,468,000 after buying an additional 19,103 shares in the last quarter. Foyston Gordon & Payne Inc lifted its position in shares of Fiserv by 1.6% during the 3rd quarter. Foyston Gordon & Payne Inc now owns 127,488 shares of the business services provider’s stock valued at $16,437,000 after acquiring an additional 2,004 shares during the last quarter. Finally, Meridian Wealth Advisors LLC boosted its stake in shares of Fiserv by 2.6% during the 3rd quarter. Meridian Wealth Advisors LLC now owns 27,864 shares of the business services provider’s stock worth $3,593,000 after acquiring an additional 695 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FISV shares. Truist Financial cut their target price on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a research report on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. UBS Group reduced their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley set a $64.00 target price on shares of Fiserv in a research report on Wednesday, February 11th. Finally, Mizuho cut their price target on shares of Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Ten investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $109.74.

Insider Buying and Selling

In other news, insider Adam L. Rosman bought 7,900 shares of the stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the purchase, the insider directly owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is owned by company insiders.

Fiserv Stock Performance

Shares of FISV opened at $62.29 on Monday. The company has a market capitalization of $33.31 billion, a PE ratio of 9.82, a PEG ratio of 1.91 and a beta of 0.76. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The company’s 50 day moving average price is $64.50 and its 200 day moving average price is $89.80. Fiserv, Inc. has a 52 week low of $57.79 and a 52 week high of $238.59.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same quarter last year, the business posted $2.51 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts expect that Fiserv, Inc. will post 10.23 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.