Albion Financial Group UT Invests $6.12 Million in Fiserv, Inc. $FISV

Albion Financial Group UT purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 91,064 shares of the business services provider’s stock, valued at approximately $6,117,000.

A number of other institutional investors have also recently made changes to their positions in the company. Glenview Trust co boosted its stake in shares of Fiserv by 0.3% in the second quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock worth $5,666,000 after acquiring an additional 85 shares during the last quarter. Trust Co. of Vermont lifted its position in Fiserv by 1.3% during the third quarter. Trust Co. of Vermont now owns 6,897 shares of the business services provider’s stock worth $889,000 after buying an additional 90 shares in the last quarter. Fayez Sarofim & Co lifted its position in Fiserv by 0.7% during the second quarter. Fayez Sarofim & Co now owns 13,439 shares of the business services provider’s stock worth $2,317,000 after buying an additional 95 shares in the last quarter. Jacobsen Capital Management lifted its position in Fiserv by 5.8% during the third quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock worth $228,000 after buying an additional 97 shares in the last quarter. Finally, Stonebridge Capital Advisors LLC lifted its position in Fiserv by 2.3% during the second 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 in the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on FISV shares. Truist Financial reduced their price objective on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. Stephens reduced their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 11th. Loop Capital assumed coverage on Fiserv in a research report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 target price on the stock. Citigroup restated a “neutral” rating and issued a $68.00 target price (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company reduced their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $106.13.

Fiserv Trading Up 0.3%

FISV opened at $56.32 on Tuesday. Fiserv, Inc. has a 12 month low of $52.91 and a 12 month high of $221.50. The stock has a market capitalization of $30.12 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 1.74 and a beta of 0.79. 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 fifty day moving average price of $59.61 and a 200 day moving average price of $75.46.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the previous year, the firm posted $2.51 EPS. Fiserv’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts expect 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.