Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Holdings in Fiserv, Inc. $FISV

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 53.0% in the first quarter, HoldingsChannel.com reports. The firm owned 145,933 shares of the business services provider’s stock after acquiring an additional 50,550 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Fiserv were worth $8,143,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC lifted its holdings in Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the last quarter. SkyView Investment Advisors LLC raised its position in shares of Fiserv by 2.9% during the 4th quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock worth $474,000 after acquiring an additional 198 shares in the last quarter. Cambient Family Office LLC raised its position in shares of Fiserv by 1.7% during the 1st quarter. Cambient Family Office LLC now owns 17,096 shares of the business services provider’s stock worth $954,000 after acquiring an additional 291 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in Fiserv during the second quarter worth approximately $55,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

FISV has been the subject of a number of research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Morgan Stanley raised their price objective on shares of Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Keefe, Bruyette & Woods lowered their target price on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Wells Fargo & Company dropped their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Finally, UBS Group set a $65.00 price target on shares of Fiserv and gave the stock a “neutral” rating 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. According to data from MarketBeat, Fiserv currently has an average rating of “Hold” and an average price target of $82.23.

Fiserv Price Performance

FISV opened at $52.33 on Monday. The business has a 50 day moving average price of $54.24 and a two-hundred day moving average price of $59.42. 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 company has a market cap of $27.90 billion, a PE ratio of 8.87, a P/E/G ratio of 1.46 and a beta of 0.82. Fiserv, Inc. has a 52 week low of $47.04 and a 52 week high of $175.92.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The company had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.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. As a group, research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Paul M. Todd acquired 10,060 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.06% of the stock is currently owned by company insiders.

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.