Fiserv, Inc. (NASDAQ:FISV) Short Interest Update

Fiserv, Inc. (NASDAQ:FISV) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 14,257,158 shares, a decline of 14.8% from the January 29th total of 16,740,295 shares. Based on an average daily trading volume, of 11,256,095 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.7% of the shares of the stock are sold short. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,256,095 shares, the days-to-cover ratio is currently 1.3 days.

Fiserv Trading Down 0.4%

NASDAQ FISV traded down $0.25 during trading on Wednesday, hitting $62.64. The company had a trading volume of 2,735,354 shares, compared to its average volume of 9,316,239. The company’s fifty day moving average is $64.27 and its 200-day moving average is $88.77. Fiserv has a one year low of $57.79 and a one year high of $227.00. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market cap of $33.50 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 1.90 and a beta of 0.77.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the company earned $2.51 earnings per share. Fiserv’s quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts predict that Fiserv will post 10.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. TD Cowen reiterated a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of Fiserv in a research note on Monday, December 29th. Jefferies Financial Group lifted their price target on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Finally, Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus target price of $109.74.

Institutional Trading of Fiserv

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC raised its stake in Fiserv by 91.9% during the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC increased its stake in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after buying an additional 483 shares during the period. South Dakota Investment Council bought a new stake in shares of Fiserv during the 2nd quarter valued at $1,483,000. Finally, Sigma Planning Corp grew its position in shares of Fiserv by 8.5% during the second quarter. Sigma Planning Corp now owns 9,569 shares of the business services provider’s stock worth $1,650,000 after purchasing an additional 748 shares in the last quarter. Institutional investors own 90.98% 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.