DekaBank Deutsche Girozentrale Purchases New Shares in Fiserv, Inc. $FISV

DekaBank Deutsche Girozentrale acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, Holdings Channel.com reports. The fund acquired 380,495 shares of the business services provider’s stock, valued at approximately $25,558,000.

Several other institutional investors have also recently made changes to their positions in FISV. Capital World Investors raised its position in Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Fiserv in the 4th quarter valued at about $174,502,000. Barclays PLC grew its stake in Fiserv by 116.0% in the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $87,458,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $77,198,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of NASDAQ:FISV opened at $63.02 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $198.68. The firm has a market capitalization of $33.65 billion, a PE ratio of 9.94, a P/E/G ratio of 1.96 and a beta of 0.79. The business’s 50 day moving average price is $59.18 and its 200-day moving average price is $70.05.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities research analysts expect that Fiserv, Inc. will post 8.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FISV has been the topic of several recent analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $70.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Morgan Stanley set a $64.00 price objective on shares of Fiserv in a research report on Wednesday, February 11th. BMO Capital Markets assumed coverage on shares of Fiserv in a research report on Tuesday. They set a “market perform” rating and a $65.00 target price on the stock. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Finally, Loop Capital started coverage on Fiserv in a report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price objective for the company. Eight analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average price target of $96.63.

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.