APG Asset Management N.V. Purchases 19,103 Shares of Fiserv, Inc. $FISV

APG Asset Management N.V. raised its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 453,486 shares of the business services provider’s stock after purchasing an additional 19,103 shares during the period. APG Asset Management N.V. owned 0.08% of Fiserv worth $58,468,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Foyston Gordon & Payne Inc grew its holdings in Fiserv by 1.6% during the 3rd quarter. Foyston Gordon & Payne Inc now owns 127,488 shares of the business services provider’s stock worth $16,437,000 after acquiring an additional 2,004 shares during the period. Meridian Wealth Advisors LLC lifted its stake in Fiserv by 2.6% in the third quarter. Meridian Wealth Advisors LLC now owns 27,864 shares of the business services provider’s stock valued at $3,593,000 after buying an additional 695 shares during the period. Eley Financial Management Inc boosted its holdings in Fiserv by 1.8% during the third quarter. Eley Financial Management Inc now owns 35,756 shares of the business services provider’s stock worth $4,610,000 after buying an additional 618 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Fiserv by 180.9% during the third quarter. Quantbot Technologies LP now owns 143,266 shares of the business services provider’s stock worth $18,471,000 after buying an additional 92,263 shares during the last quarter. Finally, Caitlin John LLC acquired a new position in shares of Fiserv during the 3rd quarter worth about $136,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Activity

In related news, insider Adam L. Rosman acquired 7,900 shares of the business’s stock in a transaction dated 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 acquisition, the insider owned 61,285 shares in the company, valued at $3,872,599.15. This represents a 14.80% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FISV shares. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Morgan Stanley set a $64.00 price target on shares of Fiserv in a research report on Wednesday, February 11th. Compass Point decreased their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Stephens dropped their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group lifted their target price on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. Ten research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $109.74.

Fiserv Trading Up 0.6%

Shares of NASDAQ:FISV opened at $62.29 on Monday. The company’s 50-day moving average price is $64.50 and its two-hundred day moving average price is $89.80. Fiserv, Inc. has a one year low of $57.79 and a one year high of $238.59. 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 stock has a market capitalization of $33.31 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 1.91 and a beta of 0.76.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the previous year, the business earned $2.51 earnings per share. Fiserv’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. On average, equities analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

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.