Legacy Financial Advisors Inc. Buys New Position in Fiserv, Inc. $FISV

Legacy Financial Advisors Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISVFree Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 21,579 shares of the business services provider’s stock, valued at approximately $1,449,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FISV. Brighton Jones LLC raised its stake in Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares in the last quarter. Bison Wealth LLC raised its stake in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after purchasing an additional 483 shares in the last quarter. Jump Financial LLC purchased a new stake in Fiserv in the second quarter valued at approximately $1,001,000. Finally, Gamco Investors INC. ET AL grew its position in Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after acquiring an additional 350 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FISV has been the topic of a number of recent research reports. Mizuho reduced their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. B. Riley Financial reduced their price target on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Northcoast Research cut shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Fiserv from $63.00 to $60.00 in a research report on Monday. Finally, Weiss Ratings upgraded shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and an average price target of $83.57.

Get Our Latest Report on FISV

Key Headlines Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

Fiserv Stock Up 0.9%

Shares of Fiserv stock opened at $54.88 on Wednesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91. The stock has a market capitalization of $29.26 billion, a price-to-earnings ratio of 9.30, a P/E/G ratio of 1.68 and a beta of 0.84. The company’s 50 day moving average price is $58.67 and its 200-day moving average price is $64.17.

Fiserv (NASDAQ:FISVGet Free Report) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (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 firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The business’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. Equities research analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current year.

About Fiserv

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FISV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NASDAQ:FISVFree Report).

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.