Allianz SE Acquires Shares of 8,454 Fiserv, Inc. $FISV

Allianz SE bought a new position in Fiserv, Inc. (NASDAQ:FISV) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,454 shares of the business services provider’s stock, valued at approximately $1,090,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in shares of Fiserv during the 3rd quarter worth approximately $28,000. True Wealth Design LLC increased its holdings in Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after buying an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new position in Fiserv in the third quarter valued at $30,000. Clear Street LLC acquired a new position in shares of Fiserv in the second quarter worth about $34,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Fiserv during the 3rd quarter worth about $36,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of Fiserv stock opened at $62.29 on Friday. The stock has a market capitalization of $33.31 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 1.91 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 1.03. The business has a 50-day moving average of $64.50 and a 200 day moving average of $90.11. Fiserv, Inc. has a 12 month low of $57.79 and a 12 month high of $238.59.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. The business’s quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Truist Financial reduced their price target on Fiserv from $71.00 to $65.00 and set a “hold” rating for the company in a report on Thursday. Morgan Stanley set a $64.00 price target on shares of Fiserv in a research report on Wednesday, February 11th. B. Riley Financial reduced their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. TD Cowen reissued a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Finally, Citigroup reissued a “neutral” rating and set a $68.00 price target (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $109.74.

Insider Activity at Fiserv

In other Fiserv news, insider Adam L. Rosman purchased 7,900 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was bought at an average price of $63.19 per share, with a total value of $499,201.00. Following the transaction, the insider directly owned 61,285 shares of the company’s stock, valued at approximately $3,872,599.15. This represents a 14.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Paul M. Todd acquired 17,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were bought at an average cost of $62.41 per share, for a total transaction of $1,060,970.00. Following the transaction, the chief financial officer directly owned 24,453 shares of the company’s stock, valued at approximately $1,526,111.73. This trade represents a 228.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.00% of the company’s stock.

About Fiserv

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.