Fiserv, Inc. $FISV Shares Sold by Nichols & Pratt Advisers LLP MA

Nichols & Pratt Advisers LLP MA cut its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 6.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 286,796 shares of the business services provider’s stock after selling 18,886 shares during the quarter. Fiserv accounts for about 1.0% of Nichols & Pratt Advisers LLP MA’s investment portfolio, making the stock its 29th largest holding. Nichols & Pratt Advisers LLP MA’s holdings in Fiserv were worth $16,003,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FISV. Oakworth Capital Inc. bought a new position in shares of Fiserv in the 4th quarter worth about $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv during the 4th quarter valued at about $25,000. American National Bank & Trust bought a new stake in shares of Fiserv during the 4th quarter valued at about $27,000. Kimelman & Baird LLC acquired a new stake in Fiserv during the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC bought a new position in Fiserv in the fourth quarter worth about $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Shares were boosted by reports that major U.S. banks are exploring a possible purchase of Fiserv’s STAR debit network, with investors viewing the network as a valuable strategic asset that could unlock significant proceeds for Fiserv. Fiserv’s executive turnover continues with president’s resignation
• Positive Sentiment: Analysts at Barclays assigned Fiserv an “equal weight” rating with a $58 price target, while JPMorgan’s new $62 target still implies upside from recent trading levels, suggesting Wall Street sees some value even after the pullback. JPMorgan price target cut on Fiserv
• Neutral Sentiment: Coverage from Barclays and JPMorgan reflects a cautious but not outright bearish stance, with both firms maintaining neutral-type views as investors wait for more clarity on any asset sale and Fiserv’s strategic direction. Fiserv (FISV) Banks Are Circling STAR And Debit Fees Could Be Next
• Neutral Sentiment: Fiserv President Dhivya Suryadevara resigned, adding to the company’s recent executive turnover and creating uncertainty around management stability during a period of strategic review. Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
• Negative Sentiment: Some analysts warned that a potential sale of the debit network could face regulatory scrutiny and political resistance, which could limit the likelihood or value of any transaction. FISV stock draws attention after debit network sale buzz: This analyst warns deal could face regulatory scrutiny

Fiserv Stock Down 4.0%

FISV opened at $50.60 on Thursday. The stock’s 50 day moving average price is $53.67 and its 200 day moving average price is $59.08. 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 $26.98 billion, a P/E ratio of 8.58, a P/E/G ratio of 1.48 and a beta of 0.82. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $171.77.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’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. As a group, research analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FISV. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. 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. Cantor Fitzgerald lowered their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Tigress Financial reaffirmed a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Finally, Barclays began coverage on Fiserv in a research note on Wednesday. They issued an “equal weight” rating and a $58.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $77.87.

Insider Transactions at Fiserv

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

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.