ANTIPODES PARTNERS Ltd Buys Shares of 127,628 Fiserv, Inc. $FISV

ANTIPODES PARTNERS Ltd purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 127,628 shares of the business services provider’s stock, valued at approximately $16,456,000.

Several other institutional investors have also bought and sold shares of FISV. Pinnacle Wealth Management Advisory Group LLC increased its position in Fiserv by 2.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock worth $485,000 after buying an additional 77 shares during the last quarter. Quadcap Wealth Management LLC grew its stake in shares of Fiserv by 2.1% during the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock worth $672,000 after acquiring an additional 79 shares during the period. Strategic Blueprint LLC increased its holdings in Fiserv by 4.4% in the 2nd quarter. Strategic Blueprint LLC now owns 1,977 shares of the business services provider’s stock worth $341,000 after acquiring an additional 83 shares during the last quarter. Glenview Trust co increased its holdings in Fiserv by 0.3% in the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock worth $5,666,000 after acquiring an additional 85 shares during the last quarter. Finally, Smithfield Trust Co raised its stake in Fiserv by 0.9% in the 2nd quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock valued at $1,685,000 after acquiring an additional 86 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the subject of several recent research reports. The Goldman Sachs Group downgraded shares of Fiserv from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $149.00 to $79.00 in a research note on Thursday, October 30th. Tigress Financial set a $95.00 price objective on shares of Fiserv and gave the stock a “buy” rating in a report on Wednesday, December 31st. William Blair cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 29th. UBS Group dropped their target price on Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, BTIG Research reiterated a “buy” rating and issued a $180.00 price target on shares of Fiserv in a research report on Wednesday, October 29th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fiserv presently has an average rating of “Hold” and a consensus price target of $110.16.

Fiserv Stock Performance

NASDAQ:FISV opened at $61.47 on Friday. The stock has a market cap of $33.41 billion, a P/E ratio of 9.70, a PEG ratio of 1.89 and a beta of 0.78. The company has a quick ratio of 1.08, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The business’s 50-day moving average price is $65.26 and its two-hundred day moving average price is $92.92. Fiserv, Inc. has a twelve month low of $57.79 and a twelve month high of $238.59.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the prior year, the business earned $2.51 earnings per share. Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Paul M. Todd acquired 17,000 shares of the stock in a transaction dated Monday, December 1st. The shares were purchased at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the transaction, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. This represents a 228.10% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Adam L. Rosman bought 7,900 shares of Fiserv stock in a transaction that occurred on Tuesday, December 2nd. The stock was purchased at an average cost of $63.19 per share, for a total transaction of $499,201.00. Following the purchase, the insider owned 61,285 shares of the company’s stock, valued at $3,872,599.15. The trade was a 14.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is owned by corporate insiders.

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.