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1,149,288 Shares in Fiserv, Inc. $FISV Bought by Massachusetts Financial Services Co. MA

Fiserv logo with Business Services background
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Key Points

  • Massachusetts Financial Services Co. MA opened a new position in Fiserv, buying 1,149,288 shares valued at about $77.2 million and owning roughly 0.21% of the company at quarter-end.
  • Fiserv beat Q results with $1.99 EPS (vs. $1.90 expected) and $4.90B revenue, set FY2026 guidance of $8.00–$8.30 EPS, while analysts project $10.23 EPS for the year.
  • The stock has a market cap of ~$31.4B, a PE of 9.27 and ~90.98% institutional ownership; consensus analyst coverage averages a "Hold" rating with a $103.74 target amid several recent price-target cuts.
  • MarketBeat previews the top five stocks to own by May 1st.

Massachusetts Financial Services Co. MA bought a new position in Fiserv, Inc. (NASDAQ:FISV - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,149,288 shares of the business services provider's stock, valued at approximately $77,198,000. Massachusetts Financial Services Co. MA owned 0.21% of Fiserv at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Madrona Financial Services LLC bought a new position in Fiserv in the fourth quarter worth $262,000. Venturi Wealth Management LLC bought a new position in Fiserv in the fourth quarter worth $611,000. Bartlett & CO. Wealth Management LLC bought a new position in Fiserv in the fourth quarter worth $249,000. Apollon Wealth Management LLC bought a new position in Fiserv in the fourth quarter worth $542,000. Finally, Premier Path Wealth Partners LLC bought a new position in Fiserv in the fourth quarter worth $957,000. 90.98% of the stock is owned by institutional investors.

Fiserv Price Performance

Shares of FISV stock opened at $58.79 on Tuesday. The stock's fifty day moving average is $58.85 and its 200-day moving average is $72.87. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $31.39 billion, a PE ratio of 9.27, a PEG ratio of 1.74 and a beta of 0.79. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $221.50.

Fiserv (NASDAQ:FISV - Get Free Report) last announced its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The company had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts expect that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Analysts Set New Price Targets

FISV has been the subject of several research reports. Morgan Stanley set a $64.00 target price on Fiserv in a research report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an "outperform" rating to a "market perform" rating in a research report on Thursday, March 26th. JPMorgan Chase & Co. reduced their target price on Fiserv from $85.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, February 11th. B. Riley Financial reduced their target price on Fiserv from $72.00 to $69.00 and set a "neutral" rating for the company in a research report on Monday, February 23rd. Finally, Keefe, Bruyette & Woods dropped their price objective on Fiserv from $80.00 to $75.00 and set an "outperform" rating for the company in a research note on Tuesday, April 7th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Fiserv has an average rating of "Hold" and an average target price of $103.74.

Read Our Latest Analysis on FISV

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.

Read More

Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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