Altrafin AG Purchases New Holdings in Fiserv, Inc. $FISV

Altrafin AG purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel reports. The fund purchased 41,790 shares of the business services provider’s stock, valued at approximately $2,807,000. Fiserv comprises approximately 0.9% of Altrafin AG’s holdings, making the stock its 25th largest position.

Other hedge funds have also made changes to their positions in the company. Oakworth Capital Inc. purchased a new stake in shares of Fiserv in the 4th quarter valued at approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at approximately $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv in the 4th quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at approximately $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Mizuho reduced their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Rothschild & Co Redburn cut their target price on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. TD Cowen reiterated a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. The Goldman Sachs Group cut their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $82.23.

Fiserv Stock Up 1.4%

FISV stock opened at $53.78 on Friday. Fiserv, Inc. has a 12-month low of $51.78 and a 12-month 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 company has a market cap of $28.68 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 1.51 and a beta of 0.79. The company has a 50 day moving average of $57.33 and a two-hundred day moving average of $61.10.

Fiserv (NASDAQ:FISV) last released 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 during the quarter, compared to the consensus estimate of $4.73 billion. The company’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Fiserv 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.