Running Oak Capital LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 154,341 shares of the business services provider’s stock, valued at approximately $10,367,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Trust Co. of Vermont lifted its stake in Fiserv by 1.3% during the 3rd quarter. Trust Co. of Vermont now owns 6,897 shares of the business services provider’s stock valued at $889,000 after acquiring an additional 90 shares during the period. Jacobsen Capital Management lifted its stake in Fiserv by 5.8% during 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 lifted its stake in Fiserv by 2.3% during 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. Boston Trust Walden Corp lifted its stake in Fiserv by 1.7% during the 3rd quarter. Boston Trust Walden Corp now owns 6,446 shares of the business services provider’s stock valued at $831,000 after acquiring an additional 108 shares during the period. Finally, Embree Financial Group lifted its stake in Fiserv by 1.1% during the 3rd quarter. Embree Financial Group now owns 10,244 shares of the business services provider’s stock valued at $1,321,000 after acquiring an additional 109 shares during the period. Institutional investors own 90.98% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on FISV. Wells Fargo & Company lowered their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Loop Capital began coverage on shares of Fiserv in a research note on Tuesday, March 31st. They set a “hold” rating and a $62.00 target price on the stock. TD Cowen restated a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus target price of $104.03.
Fiserv Stock Performance
Fiserv stock opened at $56.09 on Monday. The business has a 50-day simple moving average of $58.93 and a two-hundred day simple moving average of $73.36. The company has a market cap of $29.95 billion, a P/E ratio of 8.85, a P/E/G ratio of 1.74 and a beta of 0.79. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $221.50. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.
Fiserv (NASDAQ:FISV – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) 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 the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts predict that Fiserv, Inc. will post 10.23 EPS for the current 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.
Featured Articles
Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISV – Free Report).
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.
