50,898 Shares in Fiserv, Inc. $FISV Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new stake in Fiserv, Inc. (NASDAQ:FISV - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 50,898 shares of the business services provider's stock, valued at approximately $3,419,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA acquired a new position in Fiserv in the 4th quarter valued at about $31,694,000. Cornerstone Investment Partners LLC acquired a new position in Fiserv in the 4th quarter valued at about $24,798,000. State of Michigan Retirement System acquired a new position in Fiserv in the 4th quarter valued at about $10,138,000. Inscription Capital LLC acquired a new position in Fiserv in the 4th quarter valued at about $471,000. Finally, Mountain Pacific Investment Advisers LLC acquired a new position in Fiserv in the 4th quarter valued at about $16,915,000. Institutional investors and hedge funds own 90.98% of the company's stock.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $62.65 on Friday. The company has a market cap of $33.45 billion, a P/E ratio of 9.88, a P/E/G ratio of 1.93 and a beta of 0.79. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $191.91. The business has a fifty day simple moving average of $59.26 and a 200-day simple moving average of $67.78.

Fiserv (NASDAQ:FISV - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating analysts' consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate 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 previous 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 forecast that Fiserv, Inc. will post 8.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on FISV shares. Truist Financial cut their target price on shares of Fiserv from $65.00 to $64.00 and set a "hold" rating for the company in a research note on Friday, April 24th. The Goldman Sachs Group cut their target price on shares of Fiserv from $79.00 to $70.00 and set a "neutral" rating for the company in a research note on Monday, April 13th. Stephens lowered their price objective on Fiserv from $75.00 to $70.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 11th. Keefe, Bruyette & Woods lowered their price objective on Fiserv from $80.00 to $75.00 and set an "outperform" rating for the company in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their price objective on Fiserv from $85.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, February 11th. Eight research 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. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $92.41.

Fiserv 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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