ANTIPODES PARTNERS Ltd Invests $16.46 Million in Fiserv, Inc. $FISV

ANTIPODES PARTNERS Ltd bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 127,628 shares of the business services provider’s stock, valued at approximately $16,456,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FISV. Norges Bank acquired a new stake in Fiserv during the 2nd quarter worth about $1,252,260,000. Marshall Wace LLP acquired a new stake in Fiserv during the second quarter worth approximately $356,643,000. Worldquant Millennium Advisors LLC grew its stake in Fiserv by 2,134.9% during the second quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock worth $171,215,000 after purchasing an additional 948,634 shares during the period. Baupost Group LLC MA bought a new stake in Fiserv in the second quarter worth approximately $154,307,000. Finally, Amundi lifted its stake in Fiserv by 27.2% in the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after buying an additional 807,916 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on FISV shares. Seaport Research Partners downgraded shares of Fiserv from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Cantor Fitzgerald upgraded shares of Fiserv to a “hold” rating in a report on Tuesday, January 27th. Sanford C. Bernstein lowered shares of Fiserv from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $205.00 to $80.00 in a report on Thursday, October 30th. Finally, KeyCorp cut shares of Fiserv from an “overweight” rating to a “hold” rating in a research report on Thursday, October 30th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $110.16.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd purchased 17,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 24,453 shares of the company’s stock, valued at $1,526,111.73. The trade was a 228.10% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Adam L. Rosman purchased 7,900 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were acquired 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 directly owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.00% of the company’s stock.

Fiserv Stock Performance

Shares of Fiserv stock opened at $61.47 on Friday. Fiserv, Inc. has a 52 week low of $57.79 and a 52 week high of $238.59. The company has a quick ratio of 1.08, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average price of $65.26 and a 200-day moving average price of $92.92. The company has a market cap of $33.41 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.78.

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