Woodley Farra Manion Portfolio Management Inc. Makes New Investment in Fiserv, Inc. $FISV

Woodley Farra Manion Portfolio Management Inc. acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 30,695 shares of the business services provider’s stock, valued at approximately $2,062,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Chicago Capital LLC acquired a new stake in shares of Fiserv in the fourth quarter valued at approximately $1,316,000. Vulcan Value Partners LLC acquired a new position in Fiserv during the third quarter worth $103,398,000. ZWJ Investment Counsel Inc. bought a new position in Fiserv in the fourth quarter valued at $1,141,000. Robeco Institutional Asset Management B.V. bought a new position in Fiserv in the fourth quarter valued at $4,127,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Fiserv in the 4th quarter valued at $14,907,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FISV has been the subject of several recent analyst reports. BNP Paribas Exane downgraded Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective for the company. in a report on Friday, June 5th. UBS Group set a $65.00 target price on shares of Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. 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 report on Monday, May 11th. TD Cowen reiterated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Finally, Truist Financial set a $58.00 price objective on shares of Fiserv and gave the company a “hold” rating in a research report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and an average target price of $82.23.

Fiserv Stock Down 0.2%

Shares of NASDAQ FISV opened at $53.17 on Friday. The stock has a market capitalization of $28.35 billion, a P/E ratio of 9.01, a PEG ratio of 1.49 and a beta of 0.79. The stock’s fifty day moving average is $57.36 and its 200 day moving average is $61.15. Fiserv, Inc. has a 52 week low of $51.78 and a 52 week high of $177.36. 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 (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. The business 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 company’s quarterly 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. Sell-side analysts forecast that Fiserv, Inc. will post 8.14 earnings per share 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.