Triad Investment Management Purchases Shares of 52,011 Fiserv, Inc. $FISV

Triad Investment Management acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 52,011 shares of the business services provider’s stock, valued at approximately $2,902,000. Fiserv makes up 3.2% of Triad Investment Management’s holdings, making the stock its 14th biggest holding.

Several other large investors have also made changes to their positions in FISV. Vanguard Group Inc. purchased a new stake in Fiserv during the fourth quarter valued at about $3,507,063,000. Dodge & Cox purchased a new position in shares of Fiserv in the 4th quarter worth about $3,323,210,000. State Street Corp purchased a new position in shares of Fiserv in the 4th quarter worth about $1,588,663,000. Geode Capital Management LLC acquired a new position in shares of Fiserv in the 4th quarter valued at about $854,215,000. Finally, Amundi acquired a new position in shares of Fiserv in the 4th quarter valued at about $825,819,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Paul M. Todd bought 10,060 shares of Fiserv stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.06% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Truist Financial set a $58.00 price target on shares of Fiserv and gave the company a “hold” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. B. Riley Financial dropped their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. cut their target price on shares of Fiserv from $75.00 to $62.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 8th. Seven research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average price target of $77.23.

Fiserv Price Performance

FISV stock opened at $50.61 on Wednesday. The firm has a market cap of $26.99 billion, a P/E ratio of 8.58, a price-to-earnings-growth ratio of 1.45 and a beta of 0.82. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a 1 year low of $47.04 and a 1 year high of $167.39. The stock has a 50-day simple moving average of $52.40 and a 200-day simple moving average of $58.01.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.13 earnings per share 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.