Crescent Grove Advisors LLC Invests $5.36 Million in Fiserv, Inc. $FISV

Crescent Grove Advisors LLC purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 79,755 shares of the business services provider’s stock, valued at approximately $5,357,000.

A number of other institutional investors have also recently made changes to their positions in FISV. Stonebridge Capital Advisors LLC grew its holdings in shares of Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after purchasing an additional 98 shares during the last quarter. Bison Wealth LLC grew its holdings in shares of Fiserv by 5.3% during the 4th 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 during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 158 shares during the last quarter. ROI Financial Advisors LLC grew its holdings in shares of Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the last quarter. Finally, WASHINGTON TRUST Co grew its holdings in shares of Fiserv by 3.5% during the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock valued at $667,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Trading Down 2.4%

Shares of FISV opened at $55.08 on Thursday. The stock has a market capitalization of $29.37 billion, a P/E ratio of 9.34, a PEG ratio of 1.58 and a beta of 0.79. 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 firm has a fifty day simple moving average of $57.54 and a two-hundred day simple moving average of $61.47. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s 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. On average, research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. UBS Group set a $65.00 target price on shares of Fiserv and gave the company a “neutral” rating in a report on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a report on Wednesday, May 6th. BNP Paribas Exane reduced their target price on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Finally, Keefe, Bruyette & Woods dropped their price target 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-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $82.80.

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.