PFA Pension Forsikringsaktieselskab Acquires New Position in Fiserv, Inc. $FISV

PFA Pension Forsikringsaktieselskab acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel reports. The firm acquired 294,990 shares of the business services provider’s stock, valued at approximately $19,924,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jacobsen Capital Management raised its stake in Fiserv by 5.8% in the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock valued at $228,000 after acquiring an additional 97 shares during the period. Stonebridge Capital Advisors LLC raised its stake in Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares during the period. Quent Capital LLC raised its stake in Fiserv by 5.6% in the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock valued at $284,000 after acquiring an additional 116 shares during the period. Bison Wealth LLC raised its stake in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. Finally, Integral Investment Advisors Inc. raised its stake in Fiserv by 1.7% in the 3rd quarter. Integral Investment Advisors Inc. now owns 8,547 shares of the business services provider’s stock valued at $1,102,000 after acquiring an additional 142 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

FISV stock opened at $62.14 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $33.18 billion, a PE ratio of 9.80, a PEG ratio of 1.93 and a beta of 0.84. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $191.91. The stock has a 50-day simple moving average of $59.26 and a two-hundred day simple moving average of $67.00.

Fiserv (NASDAQ:FISV) last posted its earnings results 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 return on equity of 18.39% and a net margin of 16.42%.The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FISV has been the topic of a number of research reports. Citigroup lowered their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Stephens reduced their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Jefferies Financial Group lifted their target price on Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. Compass Point reduced their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, B. Riley Financial reduced their target price on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Eight research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $92.41.

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.