Corient Private Wealth LLC Invests $14.16 Million in Fiserv, Inc. $FISV

Corient Private Wealth LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 210,725 shares of the business services provider’s stock, valued at approximately $14,157,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Chicago Capital LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at about $1,316,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Fiserv in the 4th quarter valued at about $1,141,000. Robeco Institutional Asset Management B.V. purchased a new position in Fiserv during the 4th quarter worth approximately $4,127,000. KLP Kapitalforvaltning AS purchased a new position in Fiserv during the 4th quarter worth approximately $14,907,000. Finally, Barclays PLC increased its position in Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares during the period. 90.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fiserv

In other news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FISV shares. Mizuho decreased their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Rothschild & Co Redburn cut their target price 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. Truist Financial set a $58.00 price target on shares of Fiserv and gave the company a “hold” rating in a research report on Friday, May 29th. Wells Fargo & Company decreased their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Finally, Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research note on Wednesday, May 6th. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $82.23.

Fiserv Price Performance

Fiserv stock opened at $47.30 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50 day simple moving average of $56.20 and a 200-day simple moving average of $60.40. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $177.36. The stock has a market capitalization of $25.22 billion, a PE ratio of 8.02, a price-to-earnings-growth ratio of 1.32 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data 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 $4.67 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%. Fiserv’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. Equities analysts predict 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.