Moors & Cabot Inc. Purchases New Holdings in Fiserv, Inc. $FISV

Moors & Cabot Inc. purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,979 shares of the business services provider’s stock, valued at approximately $670,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FISV. Redmont Wealth Advisors LLC bought a new position in Fiserv during the 3rd quarter worth approximately $30,000. WFA of San Diego LLC bought a new position in Fiserv during the 2nd quarter worth approximately $55,000. Oakworth Capital Inc. bought a new position in Fiserv during the 4th quarter worth approximately $25,000. Kimelman & Baird LLC bought a new position in Fiserv during the 4th quarter worth approximately $27,000. Finally, American National Bank & Trust bought a new position in Fiserv during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of Fiserv stock opened at $56.56 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The business’s 50 day simple moving average is $57.56 and its 200-day simple moving average is $61.62. The stock has a market capitalization of $30.16 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 1.58 and a beta of 0.80. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The firm’s revenue 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 earnings per share for the current year.

Analyst Ratings Changes

FISV has been the topic of a number of research analyst reports. Truist Financial set a $58.00 target price on Fiserv and gave the stock a “hold” rating in a report on Friday. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. BNP Paribas Exane reduced their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Stephens reduced their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $78.00 price target on Fiserv in a research report on Wednesday, May 6th. 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. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and an average price target of $82.80.

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.