RBF Capital LLC Grows Holdings in Fiserv, Inc. $FISV

RBF Capital LLC raised its stake in Fiserv, Inc. (NASDAQ:FISV) by 400.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the business services provider’s stock after buying an additional 16,000 shares during the period. RBF Capital LLC’s holdings in Fiserv were worth $1,116,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Chicago Capital LLC purchased a new stake in Fiserv during the fourth quarter valued at about $1,316,000. ZWJ Investment Counsel Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at about $1,141,000. Robeco Institutional Asset Management B.V. purchased a new stake in Fiserv during the 4th quarter valued at about $4,127,000. KLP Kapitalforvaltning AS purchased a new stake in Fiserv during the 4th quarter valued at about $14,907,000. Finally, Sequoia Financial Advisors LLC bought a new position in Fiserv during the 4th quarter worth approximately $1,996,000. 90.98% of the stock is owned by institutional investors.

Fiserv Trading Up 2.6%

NASDAQ:FISV opened at $55.63 on Thursday. The company has a 50-day moving average price of $52.07 and a 200-day moving average price of $57.35. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $142.83. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market cap of $29.66 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 1.52 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data 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 business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 8.13 EPS for the current year.

Analyst Ratings Changes

FISV has been the subject of a number of analyst reports. Mizuho dropped their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Rothschild & Co Redburn lowered their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a report on Tuesday, May 12th. Cantor Fitzgerald reissued a “neutral” rating and set a $53.00 price target (down from $62.00) on shares of Fiserv in a research report on Wednesday, July 22nd. Susquehanna reissued a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Finally, Loop Capital decreased their price objective on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Six equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $76.57.

Insider Buying and Selling at Fiserv

In other news, CFO Paul M. Todd acquired 10,060 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was acquired at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the acquisition, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.06% of the stock is owned by corporate insiders.

About Fiserv

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.