Virtu Financial LLC Makes New Investment in Fiserv, Inc. $FISV

Virtu Financial LLC bought 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 bought 18,318 shares of the business services provider’s stock, valued at approximately $1,230,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. purchased a new stake in shares of Fiserv during the fourth quarter worth approximately $3,507,063,000. Dodge & Cox purchased a new position in Fiserv in the 4th quarter valued at $3,323,210,000. Capital World Investors boosted its stake in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. State Street Corp purchased a new stake in shares of Fiserv during the fourth quarter worth $1,588,663,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Fiserv during the fourth quarter worth $854,215,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Activity at Fiserv

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average price of $49.70 per share, with a total value of $499,982.00. Following the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.06% of the stock is currently owned by company insiders.

Fiserv Stock Performance

Fiserv stock opened at $47.86 on Friday. The firm has a 50 day simple moving average of $56.56 and a 200-day simple moving average of $60.66. The stock has a market cap of $25.52 billion, a price-to-earnings ratio of 8.11, a price-to-earnings-growth ratio of 1.34 and a beta of 0.79. 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 $47.37 and a 1-year high of $177.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results 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 firm had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’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, analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on FISV shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Loop Capital decreased their target price on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Tigress Financial restated a “buy” rating and set a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Susquehanna restated a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Finally, 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 report on Tuesday, May 12th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $82.23.

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.