13,085 Shares in Fiserv, Inc. $FISV Bought by WESCAP Management Group Inc.

WESCAP Management Group Inc. acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,085 shares of the business services provider’s stock, valued at approximately $879,000.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. bought a new position in Fiserv in the 4th quarter worth approximately $3,507,063,000. Geode Capital Management LLC bought a new stake in shares of Fiserv in the fourth quarter valued at approximately $854,215,000. Norges Bank bought a new stake in shares of Fiserv in the fourth quarter valued at approximately $555,964,000. Capital World Investors grew its stake in shares of Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in Fiserv during the fourth quarter worth $250,877,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

FISV opened at $54.43 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $29.02 billion, a PE ratio of 9.23, a PEG ratio of 1.52 and a beta of 0.80. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The firm has a 50-day moving average price of $57.49 and a two-hundred day moving average price of $61.36.

Fiserv (NASDAQ:FISV) last announced its earnings results 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 company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s revenue 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 analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on FISV. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the stock a “hold” rating in a report on Friday, May 29th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Wells Fargo & Company lowered their price target on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Weiss Ratings raised Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Finally, Mizuho reduced their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.