AXQ Capital LP Takes $1.06 Million Position in Fiserv, Inc. $FISV

AXQ Capital LP bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,803 shares of the business services provider’s stock, valued at approximately $1,061,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stonebridge Capital Advisors LLC lifted its holdings in Fiserv by 2.3% during the 2nd 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 last quarter. Bison Wealth LLC lifted its holdings in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares during the last quarter. ROI Financial Advisors LLC lifted its holdings in Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares during the last quarter. Finally, WASHINGTON TRUST Co lifted its holdings in Fiserv by 3.5% during the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after buying an additional 175 shares during the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FISV. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Royal Bank Of Canada set a $75.00 price target on Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Robert W. Baird set a $78.00 price target on Fiserv in a report on Wednesday, May 6th. Loop Capital decreased their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. Finally, BMO Capital Markets boosted their target price on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $82.80.

Fiserv Stock Down 4.4%

FISV opened at $56.46 on Wednesday. The business has a 50 day moving average price of $57.60 and a two-hundred day moving average price of $61.59. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $30.11 billion, a PE ratio of 9.57, a P/E/G ratio of 1.65 and a beta of 0.79. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36.

Fiserv (NASDAQ:FISV) last released its earnings results 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 company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The business’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. As a group, research analysts anticipate 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.