Healthcare of Ontario Pension Plan Trust Fund reduced its holdings in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 98.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,795 shares of the business services provider’s stock after selling 1,815,772 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Fiserv were worth $1,886,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in FISV. Oakworth Capital Inc. acquired a new position in Fiserv in the fourth quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv in the 4th quarter valued at $25,000. American National Bank & Trust bought a new position in Fiserv during the fourth quarter worth $27,000. Kimelman & Baird LLC acquired a new stake in Fiserv in the fourth quarter worth $27,000. Finally, Goodman Advisory Group LLC bought a new stake in Fiserv in the fourth quarter valued at $27,000. Institutional investors own 90.98% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently commented on the company. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. UBS Group set a $65.00 price objective on Fiserv and gave the company a “neutral” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $60.00 target price (down from $70.00) on shares of Fiserv in a research report on Thursday, July 9th. Mizuho reduced their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada set a $75.00 price objective on shares of Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average target price of $76.57.
Insider Activity at Fiserv
In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the acquisition, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.06% of the company’s stock.
Fiserv Stock Down 0.2%
FISV opened at $53.94 on Friday. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $141.38. The firm has a market capitalization of $28.76 billion, a P/E ratio of 9.14, a PEG ratio of 1.52 and a beta of 0.82. The company’s 50-day moving average is $51.97 and its 200 day moving average is $57.22. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.
Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings data 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. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. The firm’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. Research analysts expect that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.
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.
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