Fjarde AP Fonden Fourth Swedish National Pension Fund Takes Position in Fiserv, Inc. $FISV

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 95,383 shares of the business services provider’s stock, valued at approximately $6,407,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. purchased a new stake in shares of Fiserv during the 4th quarter valued at about $3,507,063,000. Capital World Investors boosted its holdings in shares of 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 buying an additional 6,714,536 shares during the last quarter. Geode Capital Management LLC purchased a new position in shares of Fiserv in the fourth quarter worth approximately $854,215,000. Norges Bank purchased a new position in shares of Fiserv in the fourth quarter worth approximately $555,964,000. Finally, Legal & General Group Plc purchased a new position in shares of Fiserv in the fourth quarter worth approximately $250,877,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on FISV. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a report on Wednesday, May 6th. Morgan Stanley raised their price objective on shares of Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the stock a “hold” rating in a report on Friday, May 29th. Rothschild & Co Redburn dropped their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Finally, The Goldman Sachs Group dropped their price objective on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Stock Performance

Fiserv stock opened at $54.43 on Monday. The stock has a market cap of $29.02 billion, a P/E ratio of 9.23, a PEG ratio of 1.52 and a beta of 0.80. 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, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The firm’s 50 day moving average price is $57.49 and its 200-day moving average price is $61.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $4.73 billion. The company’s revenue 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 analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.