AXQ Capital LP bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,803 shares of the business services provider’s stock, valued at approximately $1,061,000.
A number of other large investors have also recently bought and sold shares of the stock. Stonebridge Capital Advisors LLC grew its holdings in Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after buying an additional 98 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after purchasing an additional 158 shares during the period. ROI Financial Advisors LLC lifted its stake in shares of Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after purchasing an additional 175 shares during the period. Finally, WASHINGTON TRUST Co lifted its stake in shares of Fiserv by 3.5% during the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have weighed in on FISV. Truist Financial set a $58.00 price target on Fiserv and gave the stock a “hold” rating in a research note on Friday. Weiss Ratings raised Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Robert W. Baird set a $78.00 target price on Fiserv in a research report on Wednesday, May 6th. B. Riley Financial cut their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, Loop Capital cut their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $82.80.
Fiserv Stock Down 4.4%
Shares of Fiserv stock opened at $56.46 on Wednesday. The business has a 50-day moving average of $57.60 and a 200-day moving average of $61.59. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $30.11 billion, a PE ratio of 9.57, a P/E/G ratio of 1.65 and a beta of 0.79. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36.
Fiserv (NASDAQ:FISV – Get Free Report) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The company 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 firm’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. As a group, equities 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.
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