Nicollet Investment Management Inc. Buys Shares of 17,506 Fiserv, Inc. $FISV

Nicollet Investment Management Inc. bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel.com reports. The firm bought 17,506 shares of the business services provider’s stock, valued at approximately $1,176,000.

Other large investors also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new stake in Fiserv during the 3rd quarter valued at $30,000. WFA of San Diego LLC acquired a new stake in Fiserv during the 2nd quarter valued at $55,000. Oakworth Capital Inc. acquired a new stake in Fiserv during the 4th quarter valued at $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv during the 4th quarter valued at $25,000. Finally, Goodman Advisory Group LLC acquired a new stake in Fiserv during the 4th quarter valued at $27,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Down 1.4%

FISV stock opened at $53.28 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36. The company has a 50-day moving average of $57.41 and a two-hundred day moving average of $61.20. The stock has a market capitalization of $28.41 billion, a price-to-earnings ratio of 9.03, a price-to-earnings-growth ratio of 1.51 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. 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. As a group, equities research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analysts Forecast Growth

FISV has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Cantor Fitzgerald dropped their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Susquehanna reaffirmed a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Finally, Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $82.23.

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.