J. Safra Sarasin Holding AG Takes $791,000 Position in Fiserv, Inc. $FISV

J. Safra Sarasin Holding AG purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 14,189 shares of the business services provider’s stock, valued at approximately $791,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. WFA of San Diego LLC bought a new position in Fiserv during the second quarter worth about $55,000. Oakworth Capital Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the 4th quarter worth approximately $25,000. Goodman Advisory Group LLC bought a new position in Fiserv during the 4th quarter worth approximately $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in Fiserv during the fourth quarter valued at approximately $27,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Down 3.2%

Shares of Fiserv stock opened at $49.54 on Wednesday. The firm has a market cap of $26.42 billion, a PE ratio of 8.40, a P/E/G ratio of 1.43 and a beta of 0.82. The business’s 50 day simple moving average is $52.86 and its 200 day simple moving average is $58.59. 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 $47.04 and a 52-week high of $168.01.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts predict that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Fiserv 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 acquired at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on FISV shares. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Loop Capital lowered their price objective on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Barclays initiated coverage on Fiserv in a research note on Wednesday, July 8th. They set an “equal weight” rating and a $58.00 price objective on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Fiserv in a report on Tuesday, July 7th. Finally, Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv has an average rating of “Hold” and a consensus price target of $77.23.

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.