Harbour Investments Inc. Makes New $801,000 Investment in Fiserv, Inc. $FISV

Harbour Investments Inc. purchased a new position in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,928 shares of the business services provider’s stock, valued at approximately $801,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FISV. Brighton Jones LLC boosted its holdings in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after acquiring an additional 2,033 shares during the period. Bison Wealth LLC boosted its holdings in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after buying an additional 483 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Fiserv during the 2nd quarter valued at approximately $1,001,000. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. reduced their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. BNP Paribas Exane reduced their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research note on Friday, April 10th. Cantor Fitzgerald reduced their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. BMO Capital Markets increased their target price on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. Finally, Morgan Stanley increased their target price on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $82.80.

Fiserv Stock Performance

Shares of FISV opened at $56.56 on Friday. The business’s fifty day moving average price is $57.56 and its 200 day moving average price is $61.63. Fiserv, Inc. has a 12-month low of $52.17 and a 12-month high of $177.36. The stock has a market capitalization of $30.16 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 1.58 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

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

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.