Mitsubishi UFJ Trust & Banking Corp Takes $15.37 Million Position in Fiserv, Inc. $FISV

Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 228,788 shares of the business services provider’s stock, valued at approximately $15,368,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Fiserv by 91.9% during the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC grew its holdings in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after purchasing an additional 483 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Fiserv in the second quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL raised its stake in shares of Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on FISV. BMO Capital Markets began coverage on shares of Fiserv in a research report on Tuesday, April 21st. They issued a “market perform” rating and a $65.00 price objective on the stock. BNP Paribas Exane cut their target price on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Loop Capital initiated coverage on shares of Fiserv in a report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price target on the stock. Tigress Financial reiterated a “buy” rating and issued a $95.00 price target on shares of Fiserv in a research report on Wednesday, March 11th. Finally, Wells Fargo & Company dropped their price objective on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $92.41.

Fiserv Price Performance

Fiserv stock opened at $62.65 on Friday. Fiserv, Inc. has a 12-month low of $52.91 and a 12-month high of $191.91. The stock has a market capitalization of $33.45 billion, a P/E ratio of 9.88, a P/E/G ratio of 1.93 and a beta of 0.79. The firm’s 50-day moving average is $59.26 and its two-hundred day moving average is $67.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company’s revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 8.11 earnings per share for the current year.

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.