Dimensional Fund Advisors LP Sells 127,005 Shares of Fiserv, Inc. $FISV

Dimensional Fund Advisors LP cut its position in Fiserv, Inc. (NASDAQ:FISV) by 4.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,816,152 shares of the business services provider’s stock after selling 127,005 shares during the period. Dimensional Fund Advisors LP’s holdings in Fiserv were worth $157,113,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new stake in shares of Fiserv during the fourth quarter valued at approximately $3,507,063,000. Dodge & Cox purchased a new position in Fiserv in the 4th quarter worth approximately $3,323,210,000. State Street Corp bought a new position in Fiserv in the 4th quarter valued at approximately $1,588,663,000. Geode Capital Management LLC bought a new position in Fiserv in the 4th quarter valued at approximately $854,215,000. Finally, Amundi bought a new stake in shares of Fiserv in the 4th quarter worth $825,819,000. Institutional investors own 90.98% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Paul M. Todd bought 10,060 shares of the stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the acquisition, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FISV shares. Truist Financial decreased their price target on Fiserv from $58.00 to $52.00 and set a “hold” rating for the company in a research note on Friday. Susquehanna reaffirmed a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Loop Capital reduced their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. B. Riley Financial decreased their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Six analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average price target of $76.57.

Fiserv Price Performance

Shares of FISV opened at $51.02 on Monday. The firm has a fifty day simple moving average of $52.21 and a two-hundred day simple moving average of $57.67. The firm has a market cap of $27.21 billion, a PE ratio of 8.65, a P/E/G ratio of 1.43 and a beta of 0.82. 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, Inc. has a 1-year low of $47.04 and a 1-year high of $144.05.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (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 firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. The firm’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. On average, equities analysts anticipate that Fiserv, Inc. will post 8.13 EPS for the current year.

Fiserv Company 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.