Concurrent Investment Advisors LLC Takes Position in Fiserv, Inc. $FISV

Key Points

• Concurrent Investment Advisors LLC bought a new stake of 16,744 shares (~$1.125M) in Fiserv in Q4, and several other institutions also opened or expanded positions, leaving institutional ownership at 90.98%.
• Fiserv beat quarterly expectations with EPS $1.99 vs $1.90 and revenue $4.90B vs $4.78B, set FY2026 guidance of $8.00–$8.30 EPS, while analysts’ consensus is a "Hold" with an average target of about $92.41 and the stock trading near $62.65 (PE ~9.9).

Concurrent Investment Advisors LLC bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,744 shares of the business services provider's stock, valued at approximately $1,125,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Calamos Advisors LLC bought a new position in shares of Fiserv during the 4th quarter valued at approximately $7,604,000. Mendel Money Management bought a new position in shares of Fiserv during the 4th quarter valued at approximately $556,000. NBC Securities Inc. bought a new position in shares of Fiserv during the 4th quarter valued at approximately $138,000. Arizona State Retirement System bought a new position in shares of Fiserv during the 4th quarter valued at approximately $10,355,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Fiserv during the 4th quarter valued at approximately $446,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Up 1.0%

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

Fiserv (NASDAQ:FISV - Get Free Report) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts' consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same quarter last year, the firm posted $2.51 earnings per share. The business's revenue was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts expect that Fiserv, Inc. will post 8.11 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on FISV shares. Compass Point lowered their price target on Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, February 11th. Zacks Research upgraded Fiserv from a "strong sell" rating to a "hold" rating in a research report on Wednesday, January 14th. Citigroup lowered their price target on Fiserv from $68.00 to $60.00 and set a "neutral" rating for the company in a research report on Thursday, April 9th. Northcoast Research downgraded Fiserv from a "buy" rating to a "neutral" rating in a research report on Monday, February 2nd. Finally, Wells Fargo & Company lowered their price target on Fiserv from $72.00 to $62.00 and set an "equal weight" rating for the company in a research report on Friday, March 27th. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $92.41.

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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