Mondrian Investment Partners LTD Acquires New Position in Fiserv, Inc. $FISV

Mondrian Investment Partners LTD acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 772,664 shares of the business services provider’s stock, valued at approximately $51,900,000. Mondrian Investment Partners LTD owned approximately 0.14% of Fiserv at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FISV. Vanguard Group Inc. bought a new stake in Fiserv during the 4th quarter valued at about $3,507,063,000. Capital World Investors lifted its holdings in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after buying an additional 6,714,536 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Fiserv during the 4th quarter valued at about $223,136,000. Pittenger & Anderson Inc. bought a new stake in Fiserv during the 4th quarter valued at about $193,349,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Fiserv during the 4th quarter valued at about $174,502,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Up 2.3%

Shares of Fiserv stock opened at $57.13 on Friday. The firm’s 50 day moving average price is $57.66 and its 200-day moving average price is $61.90. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity 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 market cap of $30.46 billion, a P/E ratio of 9.68, a PEG ratio of 1.60 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. 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. On average, sell-side analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FISV has been the subject of a number of research analyst reports. Stephens decreased their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. B. Riley Financial cut their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a research report on Wednesday, May 6th. Cantor Fitzgerald cut their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, BMO Capital Markets raised their target price on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday, May 15th. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $82.97.

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.