Brandes Investment Partners LP Makes New $121.28 Million Investment in Fiserv, Inc. $FISV

Brandes Investment Partners LP acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,805,562 shares of the business services provider’s stock, valued at approximately $121,280,000. Brandes Investment Partners LP owned 0.33% of Fiserv at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new position in Fiserv during the 3rd quarter worth $30,000. WFA of San Diego LLC bought a new position in Fiserv during the 2nd quarter worth $55,000. Oakworth Capital Inc. bought a new position in Fiserv during the 4th quarter worth $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the 4th quarter worth $25,000. Finally, Kimelman & Baird LLC bought a new position in Fiserv during the 4th quarter worth $27,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Trading Up 2.5%

Shares of FISV stock opened at $54.03 on Wednesday. The stock’s fifty day moving average price is $57.44 and its two-hundred day moving average price is $61.25. The company has a market cap of $28.81 billion, a PE ratio of 9.16, a P/E/G ratio of 1.48 and a beta of 0.79. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FISV has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective on the stock. in a research note on Friday. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Finally, Keefe, Bruyette & Woods reduced their target price on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Nine investment 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 data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $82.23.

Fiserv 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.