18,558 Shares in Fiserv, Inc. $FISV Acquired by Capital City Trust Co. FL

Key Points

• Capital City Trust Co. FL disclosed a new fourth-quarter stake in Fiserv, buying 18,558 shares worth about $1.25 million.
• Institutional ownership of Fiserv remains very high at 90.98%, and several other funds also recently initiated small positions in the company.
• Fiserv’s latest earnings beat expectations, with EPS of $1.79 versus estimates of $1.57, but revenue missed forecasts and fell 2.0% year over year; the stock was trading down 2.3% around $55.48.

Capital City Trust Co. FL acquired a new stake in Fiserv, Inc. (NASDAQ:FISV - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 18,558 shares of the business services provider's stock, valued at approximately $1,247,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FISV. Oakworth Capital Inc. bought a new position in shares of Fiserv in the fourth quarter worth $25,000. American National Bank & Trust bought a new stake in shares of Fiserv during the 4th quarter valued at $27,000. Mendota Financial Group LLC purchased a new stake in Fiserv during the 4th quarter worth about $28,000. Capital Advisors Ltd. LLC purchased a new stake in Fiserv during the 4th quarter worth about $29,000. Finally, Redmont Wealth Advisors LLC bought a new position in Fiserv in the 3rd quarter worth about $30,000. Institutional investors own 90.98% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FISV shares. Jefferies Financial Group upped their price target on Fiserv from $60.00 to $65.00 and gave the company a "hold" rating in a research report on Wednesday, January 21st. Mizuho cut their price objective on shares of Fiserv from $100.00 to $90.00 and set an "outperform" rating for the company in a research report on Wednesday. Compass Point reduced their price objective on shares of Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. The Goldman Sachs Group decreased their target price on shares of Fiserv from $79.00 to $70.00 and set a "neutral" rating on the stock in a report on Monday, April 13th. Finally, Robert W. Baird set a $78.00 price target on shares of Fiserv in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $87.48.

Fiserv Trading Down 2.3%

FISV stock opened at $55.48 on Friday. The company has a market capitalization of $29.58 billion, a PE ratio of 9.40, a price-to-earnings-growth ratio of 1.76 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.03 and a current ratio of 1.06. Fiserv, Inc. has a one year low of $52.91 and a one year high of $191.91. The company's 50 day moving average price is $59.09 and its two-hundred day moving average price is $65.65.

Fiserv (NASDAQ:FISV - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.68 billion during the quarter, compared to analysts' expectations of $4.73 billion. The business'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, analysts predict that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.

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.

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