Eurizon Capital SGR S.p.A. Takes $6.80 Million Position in Fiserv, Inc. $FISV

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 101,148 shares of the business services provider’s stock, valued at approximately $6,798,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in shares of Fiserv during the third quarter valued at approximately $30,000. WFA of San Diego LLC bought a new position in shares of Fiserv during the second quarter valued at approximately $55,000. Oakworth Capital Inc. bought a new position in shares of Fiserv during the fourth quarter valued at approximately $25,000. Kimelman & Baird LLC bought a new position in shares of Fiserv during the fourth quarter valued at approximately $27,000. Finally, American National Bank & Trust bought a new position in shares of Fiserv during the fourth quarter valued at approximately $27,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Trading Up 4.4%

NASDAQ:FISV opened at $59.05 on Tuesday. 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 firm has a fifty day simple moving average of $57.60 and a 200-day simple moving average of $61.59. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $177.36. The company has a market capitalization of $31.49 billion, a P/E ratio of 10.01, a PEG ratio of 1.58 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last issued 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 net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on FISV shares. Truist Financial set a $58.00 target price on shares of Fiserv and gave the company a “hold” rating in a research note on Friday. Tigress Financial restated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. The Goldman Sachs Group lowered their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.