Daiwa Securities Group Inc. Takes $6.49 Million Position in Fiserv, Inc. $FISV

Daiwa Securities Group Inc. acquired a new stake in shares of 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 acquired 96,650 shares of the business services provider’s stock, valued at approximately $6,492,000.

A number of other institutional investors have also recently made changes to their positions in FISV. Vanguard Group Inc. purchased a new stake in shares of Fiserv during the fourth quarter valued at approximately $3,507,063,000. Geode Capital Management LLC purchased a new stake in shares of Fiserv during the fourth quarter valued at approximately $854,215,000. Norges Bank purchased a new stake in Fiserv in the fourth quarter worth $555,964,000. Capital World Investors lifted its stake in Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the period. Finally, Legal & General Group Plc purchased a new stake in Fiserv in the fourth quarter worth $250,877,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of Fiserv stock opened at $54.43 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 firm has a market capitalization of $29.02 billion, a P/E ratio of 9.23, a P/E/G ratio of 1.52 and a beta of 0.80. The business has a fifty day simple moving average of $57.49 and a two-hundred day simple moving average of $61.36. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $177.36.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s quarterly 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. On average, equities analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on FISV shares. Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Rothschild & Co Redburn dropped their price target on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. JPMorgan Chase & Co. dropped their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Loop Capital dropped their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, Stephens dropped their price target on 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-five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $82.23.

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.