ProShare Advisors LLC Acquires New Stake in Fiserv, Inc. $FISV

ProShare Advisors LLC acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,655 shares of the business services provider’s stock, valued at approximately $7,970,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FISV. Chicago Capital LLC acquired a new stake in Fiserv during the 4th quarter worth about $1,316,000. AGF Management Ltd. grew its holdings in Fiserv by 55.4% during the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after acquiring an additional 69,383 shares during the period. National Pension Service grew its holdings in Fiserv by 2.6% during the 3rd quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after acquiring an additional 30,951 shares during the period. Machina Capital S.A.S. grew its holdings in Fiserv by 256.8% during the 3rd quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider’s stock worth $6,082,000 after acquiring an additional 33,949 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in Fiserv by 4.2% during the 3rd quarter. New York State Common Retirement Fund now owns 942,817 shares of the business services provider’s stock worth $121,557,000 after acquiring an additional 38,167 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on FISV shares. Loop Capital decreased their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. BMO Capital Markets increased their price target on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. Wells Fargo & Company decreased their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. Finally, Susquehanna restated a “positive” rating and issued a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $82.97.

Fiserv Stock Performance

Shares of FISV opened at $55.82 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50-day moving average of $57.69 and a 200-day moving average of $61.93. The company has a market cap of $29.77 billion, a PE ratio of 9.46, a P/E/G ratio of 1.58 and a beta of 0.84. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

About Fiserv

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.