Cloverfields Capital Group LP Purchases New Shares in Fiserv, Inc. $FISV

Cloverfields Capital Group LP purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 79,696 shares of the business services provider’s stock, valued at approximately $5,353,000. Fiserv makes up approximately 1.7% of Cloverfields Capital Group LP’s portfolio, making the stock its 19th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Oakworth Capital Inc. acquired a new stake in Fiserv during the fourth quarter worth about $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv during the fourth quarter worth about $25,000. American National Bank & Trust acquired a new stake in Fiserv during the fourth quarter worth about $27,000. Kimelman & Baird LLC acquired a new stake in Fiserv during the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC acquired a new stake in Fiserv during the fourth quarter worth about $27,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FISV shares. Loop Capital reduced their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Royal Bank Of Canada set a $75.00 price target on shares of Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group reduced their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Susquehanna restated 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. Nine investment analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $82.23.

Fiserv Stock Up 1.4%

Fiserv stock opened at $53.78 on Friday. 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 52-week low of $51.78 and a 52-week high of $177.36. The firm has a 50 day moving average price of $57.33 and a two-hundred day moving average price of $61.10. The firm has a market cap of $28.68 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 1.49 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, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

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.