Dorsey & Whitney Trust CO LLC Invests $7.06 Million in Fiserv, Inc. $FISV

Dorsey & Whitney Trust CO LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 105,094 shares of the business services provider’s stock, valued at approximately $7,059,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Oakworth Capital Inc. acquired a new position in shares of Fiserv during the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $25,000. American National Bank & Trust acquired a new position in shares of Fiserv during the 4th quarter worth approximately $27,000. Kimelman & Baird LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $27,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $27,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Down 1.4%

NASDAQ:FISV opened at $53.28 on Thursday. 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 stock’s fifty day moving average is $57.41 and its two-hundred day moving average is $61.20. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36. The stock has a market capitalization of $28.41 billion, a price-to-earnings ratio of 9.03, a price-to-earnings-growth ratio of 1.51 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last released its quarterly 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 analysts’ expectations of $4.73 billion. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Cantor Fitzgerald decreased their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. BNP Paribas Exane cut Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price objective on the stock. in a report on Friday, June 5th. Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Rothschild & Co Redburn decreased their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a report on Tuesday, May 12th. Finally, BMO Capital Markets upped their price objective on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $82.23.

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.