140,299 Shares in Fiserv, Inc. $FISV Bought by Black Creek Investment Management Inc.

Black Creek Investment Management Inc. purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 140,299 shares of the business services provider’s stock, valued at approximately $9,424,000. Fiserv makes up about 0.5% of Black Creek Investment Management Inc.’s holdings, making the stock its 21st largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Chicago Capital LLC acquired a new position in Fiserv during the fourth quarter worth $1,316,000. Vulcan Value Partners LLC acquired a new position in Fiserv during the third quarter worth $103,398,000. ZWJ Investment Counsel Inc. acquired a new position in Fiserv during the fourth quarter worth $1,141,000. Robeco Institutional Asset Management B.V. acquired a new position in Fiserv during the fourth quarter worth $4,127,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Fiserv during the fourth quarter worth $14,907,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FISV. B. Riley Financial reduced their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Wells Fargo & Company reduced their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research report on Friday, March 27th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Tigress Financial reiterated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Finally, Susquehanna reiterated a “positive” rating and issued a $91.00 target price (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $82.23.

Fiserv Price Performance

Fiserv stock opened at $53.78 on Friday. Fiserv, Inc. has a 12-month low of $51.78 and a 12-month high of $177.36. The stock has a market cap of $28.68 billion, a P/E ratio of 9.12, a PEG ratio of 1.51 and a beta of 0.79. The company has a 50-day moving average price of $57.33 and a 200 day moving average price of $61.10. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share 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 company had revenue of $4.68 billion during the quarter, compared to analyst estimates 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. Sell-side analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current year.

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.