40,113 Shares in Fiserv, Inc. $FISV Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. bought a new stake in Fiserv during the fourth quarter, acquiring 40,113 shares valued at about $2.69 million.
• Institutional ownership in Fiserv remains heavy, with 90.98% of the stock held by hedge funds and other institutional investors. Several firms also added to or initiated positions in recent quarters.
• Analysts are mostly cautious on the stock: the consensus rating is “Hold” with an average price target of $87.48, while Fiserv’s latest quarterly earnings beat EPS estimates but revenue fell 2% year over year.

ASR Vermogensbeheer N.V. acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 40,113 shares of the business services provider's stock, valued at approximately $2,694,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Nordea Investment Management AB raised its holdings in shares of Fiserv by 4.1% in the 3rd quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider's stock valued at $258,854,000 after acquiring an additional 78,220 shares in the last quarter. Chicago Capital LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $1,316,000. AGF Management Ltd. raised its position in shares of Fiserv by 55.4% during the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider's stock valued at $25,080,000 after buying an additional 69,383 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in shares of Fiserv by 3.9% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider's stock valued at $362,128,000 after buying an additional 109,427 shares in the last quarter. Finally, National Pension Service raised its position in shares of Fiserv by 2.6% during the 3rd quarter. National Pension Service now owns 1,217,726 shares of the business services provider's stock valued at $157,001,000 after buying an additional 30,951 shares in the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FISV has been the topic of several research reports. UBS Group set a $65.00 price objective on shares of Fiserv and gave the company a "neutral" rating in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on Fiserv from $85.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, February 11th. The Goldman Sachs Group decreased their price objective on Fiserv from $79.00 to $70.00 and set a "neutral" rating on the stock in a report on Monday, April 13th. Stephens decreased their price objective on Fiserv from $75.00 to $70.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the company an "outperform" rating in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $87.48.

Fiserv Stock Performance

Shares of FISV stock opened at $55.48 on Monday. 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 fifty-two week low of $52.91 and a fifty-two week high of $191.91. The stock has a 50 day moving average price of $59.09 and a two-hundred day moving average price of $65.65. The company has a market capitalization of $29.58 billion, a P/E ratio of 9.40, a PEG ratio of 1.72 and a beta of 0.84.

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 for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. The business'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. Analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current 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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