Trajan Wealth LLC Makes New $15.28 Million Investment in Fiserv, Inc. $FISV

Trajan Wealth LLC bought a new position in Fiserv, Inc. (NASDAQ:FISVFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 227,478 shares of the business services provider’s stock, valued at approximately $15,280,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. purchased a new stake in Fiserv in the fourth quarter worth $3,507,063,000. Capital World Investors increased its stake in shares of Fiserv by 35.2% during the third 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 during the period. Legal & General Group Plc increased its stake in shares of Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock valued at $469,051,000 after buying an additional 131,935 shares during the period. Barclays PLC increased its stake in shares of Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock valued at $454,982,000 after buying an additional 1,895,349 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fiserv during the fourth quarter valued at $223,136,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of FISV stock opened at $56.41 on Thursday. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The stock’s 50-day moving average is $57.76 and its 200 day moving average is $62.01. The company has a market cap of $30.08 billion, a P/E ratio of 9.56, a PEG ratio of 1.57 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISVGet Free Report) last issued its quarterly earnings results 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 the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s quarterly revenue 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 predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut their price target on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Compass Point cut their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Finally, UBS Group set a $65.00 price target on Fiserv and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Fiserv presently has a consensus rating of “Hold” and a consensus target price of $82.97.

View Our Latest Stock Report on Fiserv

Fiserv Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.