Clearstead Advisors LLC Makes New Investment in Fiserv, Inc. $FISV

Clearstead Advisors LLC acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 19,340 shares of the business services provider’s stock, valued at approximately $1,299,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Stonebridge Capital Advisors LLC lifted its stake in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC lifted its position in Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the period. Cornerstone Planning Group LLC lifted its position in Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 158 shares during the period. Twin City Private Wealth LLC lifted its position in Fiserv by 5.0% during the third quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock valued at $459,000 after purchasing an additional 170 shares during the period. Finally, ROI Financial Advisors LLC lifted its position in Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of FISV stock opened at $55.62 on Thursday. The firm’s 50 day moving average price is $57.62 and its 200-day moving average price is $61.72. 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 one year low of $52.17 and a one year high of $177.36. The firm has a market cap of $29.66 billion, a P/E ratio of 9.43, a P/E/G ratio of 1.56 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities research analysts predict that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on FISV. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Susquehanna reissued a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. BMO Capital Markets upped their price objective on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. Compass Point dropped their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Stephens dropped their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $82.97.

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.