Baupost Group LLC MA Takes $147.77 Million Position in Fiserv, Inc. $FISV

Baupost Group LLC MA bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,200,000 shares of the business services provider’s stock, valued at approximately $147,774,000. Fiserv makes up about 2.8% of Baupost Group LLC MA’s holdings, making the stock its 14th biggest holding. Baupost Group LLC MA owned about 0.40% of Fiserv as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Chicago Capital LLC acquired a new stake in Fiserv during the 4th quarter valued at approximately $1,316,000. Vulcan Value Partners LLC acquired a new stake in Fiserv during the 3rd quarter valued at approximately $103,398,000. ZWJ Investment Counsel Inc. acquired a new stake in Fiserv during the 4th quarter valued at approximately $1,141,000. Robeco Institutional Asset Management B.V. acquired a new stake in Fiserv during the 4th quarter valued at approximately $4,127,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Fiserv during the 4th quarter valued at approximately $14,907,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FISV shares. Susquehanna restated a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. B. Riley Financial reduced their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Finally, Tigress Financial reaffirmed a “buy” rating and set a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $82.23.

Fiserv Trading Up 1.4%

NASDAQ:FISV opened at $53.78 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average is $57.33 and its two-hundred day moving average is $61.10. Fiserv, Inc. has a 52 week low of $51.78 and a 52 week high of $177.36. The company has a market cap of $28.68 billion, a PE ratio of 9.12, a P/E/G ratio of 1.51 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. 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. On average, analysts predict that Fiserv, Inc. will post 8.14 EPS for the current 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.