Kazazian Asset Management LLC Invests $739,000 in Fiserv, Inc. $FISV

Kazazian Asset Management LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,000 shares of the business services provider’s stock, valued at approximately $739,000. Fiserv makes up approximately 0.8% of Kazazian Asset Management LLC’s investment portfolio, making the stock its 26th biggest position.

Other hedge funds have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Fiserv during the third quarter worth about $30,000. Westfuller Advisors LLC acquired a new stake in shares of Fiserv during the third quarter worth about $36,000. WFA of San Diego LLC acquired a new stake in shares of Fiserv during the second quarter worth about $55,000. Oakworth Capital Inc. acquired a new stake in shares of Fiserv during the fourth quarter worth about $25,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Fiserv during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Cantor Fitzgerald reduced their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Tigress Financial reaffirmed a “buy” rating and issued a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Finally, Citigroup reduced their target price on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $82.97.

Fiserv Stock Performance

Shares of Fiserv stock opened at $57.13 on Monday. The firm has a market capitalization of $30.46 billion, a P/E ratio of 9.68, a P/E/G ratio of 1.60 and a beta of 0.84. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm’s 50 day moving average is $57.66 and its two-hundred day moving average is $61.88.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

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.