Crestwood Advisors Group LLC Sells 37,682 Shares of Fiserv, Inc. $FISV

Crestwood Advisors Group LLC reduced its stake in Fiserv, Inc. (NASDAQ:FISV) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 644,595 shares of the business services provider’s stock after selling 37,682 shares during the period. Fiserv makes up approximately 1.4% of Crestwood Advisors Group LLC’s holdings, making the stock its 14th largest holding. Crestwood Advisors Group LLC owned approximately 0.12% of Fiserv worth $83,109,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Pinnacle Wealth Management Advisory Group LLC grew its position in Fiserv by 2.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock valued at $485,000 after acquiring an additional 77 shares during the period. Quadcap Wealth Management LLC grew its holdings in shares of Fiserv by 2.1% in the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock worth $672,000 after purchasing an additional 79 shares during the last quarter. Strategic Blueprint LLC increased its position in shares of Fiserv by 4.4% during the 2nd quarter. Strategic Blueprint LLC now owns 1,977 shares of the business services provider’s stock worth $341,000 after purchasing an additional 83 shares in the last quarter. Glenview Trust co lifted its holdings in Fiserv by 0.3% during the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock valued at $5,666,000 after purchasing an additional 85 shares during the last quarter. Finally, Smithfield Trust Co boosted its position in Fiserv by 0.9% in the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock valued at $1,685,000 after buying an additional 86 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Insider Transactions at Fiserv

In related news, insider Adam L. Rosman bought 7,900 shares of Fiserv stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the acquisition, the insider owned 61,285 shares in the company, valued at approximately $3,872,599.15. This represents a 14.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Paul M. Todd purchased 17,000 shares of the stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the purchase, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. The trade was a 228.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.75% of the stock is currently owned by company insiders.

Fiserv Trading Up 0.9%

Shares of NASDAQ FISV opened at $59.36 on Tuesday. Fiserv, Inc. has a fifty-two week low of $57.79 and a fifty-two week high of $238.59. The firm has a market capitalization of $32.27 billion, a P/E ratio of 9.36, a P/E/G ratio of 3.39 and a beta of 0.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.08. The company’s 50 day simple moving average is $65.66 and its 200 day simple moving average is $94.39.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts predict that Fiserv, Inc. will post 10.23 EPS for the current year.

Wall Street Analysts Forecast Growth

FISV has been the topic of several recent analyst reports. Citigroup reissued a “neutral” rating and issued a $68.00 target price (down from $75.00) on shares of Fiserv in a report on Wednesday, February 11th. Oppenheimer reissued an “outperform” rating and issued a $91.00 price objective on shares of Fiserv in a research note on Thursday, October 30th. B. Riley Financial decreased their target price on Fiserv from $76.00 to $72.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Mizuho cut their price target on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a report on Monday, December 22nd. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Fiserv in a research report on Wednesday, October 29th. Ten analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and an average price target of $108.97.

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.