Healthcare of Ontario Pension Plan Trust Fund Takes $124.24 Million Position in Fiserv, Inc. $FISV

Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 1,849,567 shares of the business services provider’s stock, valued at approximately $124,235,000. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.34% of Fiserv as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FISV. Oakworth Capital Inc. acquired a new stake in shares of Fiserv during the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the 4th quarter valued at about $25,000. American National Bank & Trust bought a new position in Fiserv during the 4th quarter valued at about $27,000. Kimelman & Baird LLC bought a new position in Fiserv during the 4th quarter valued at about $27,000. Finally, Goodman Advisory Group LLC bought a new position in Fiserv during the 4th quarter valued at about $27,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Up 1.4%

Shares of NASDAQ:FISV opened at $53.78 on Friday. Fiserv, Inc. has a one year low of $51.78 and a one year high of $177.36. The company has a 50 day moving average of $57.33 and a 200-day moving average of $61.10. 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 stock has a market cap of $28.68 billion, a price-to-earnings ratio of 9.12, a P/E/G ratio of 1.51 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $4.73 billion. The company’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. On average, sell-side analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on FISV shares. Mizuho cut their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Truist Financial set a $58.00 price target on shares of Fiserv and gave the company a “hold” rating in a report on Friday, May 29th. UBS Group set a $65.00 price target on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. Keefe, Bruyette & Woods cut their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Finally, Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.