Victory Capital Management Inc. Sells 203,803 Shares of Fiserv, Inc. $FISV

Key Points

• Victory Capital cut its Fiserv stake by 38%, selling 203,803 shares and retaining 331,993 shares (about 0.06% of the company) valued at roughly $42.8 million.
• Fiserv beat quarterly estimates with $1.99 EPS (vs. $1.90 expected) and $4.90B revenue, set FY2026 guidance of $8.00–$8.30 EPS, while analysts on average forecast $10.23 EPS for the year.
• The stock trades around $63.16 with a 12‑month range of $57.79–$227.00, a market cap of $33.78B and a P/E of ~9.96; analysts' consensus rating is Hold with an average price target of $109.74.

Victory Capital Management Inc. cut its holdings in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) by 38.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 331,993 shares of the business services provider's stock after selling 203,803 shares during the quarter. Victory Capital Management Inc. owned about 0.06% of Fiserv worth $42,804,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FISV. Clear Street LLC bought a new stake in Fiserv in the 2nd quarter valued at $34,000. Sound Income Strategies LLC acquired a new position in Fiserv in the third quarter worth about $28,000. True Wealth Design LLC raised its position in Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider's stock worth $30,000 after purchasing an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC bought a new position in Fiserv during the third quarter worth about $30,000. Finally, Golden State Wealth Management LLC boosted its holdings in Fiserv by 960.9% during the second quarter. Golden State Wealth Management LLC now owns 244 shares of the business services provider's stock valued at $42,000 after purchasing an additional 221 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

Fiserv Stock Performance

Fiserv stock opened at $63.16 on Friday. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $227.00. The stock has a 50-day simple moving average of $64.00 and a 200 day simple moving average of $87.54. 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 stock has a market capitalization of $33.78 billion, a price-to-earnings ratio of 9.96, a P/E/G ratio of 1.94 and a beta of 0.77.

Fiserv (NASDAQ:FISV - Get Free Report) last announced 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. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company's revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FISV has been the subject of several recent analyst reports. Jefferies Financial Group increased their price objective on Fiserv from $60.00 to $65.00 and gave the stock a "hold" rating in a research note on Wednesday, January 21st. Morgan Stanley set a $64.00 target price on shares of Fiserv in a research note on Wednesday, February 11th. Compass Point lowered their target price on shares of Fiserv from $78.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, February 11th. Mizuho cut their price target on shares of Fiserv from $110.00 to $100.00 and set an "outperform" rating for the company in a report on Monday, December 22nd. Finally, Citigroup restated a "neutral" rating and issued a $68.00 price target (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $109.74.

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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