Boomfish Wealth Group LLC Takes Position in Fiserv, Inc. $FISV

Boomfish Wealth Group LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,381 shares of the business services provider’s stock, valued at approximately $697,000.

A number of other hedge funds have also made changes to their positions in FISV. Brighton Jones LLC increased its position in shares of Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after buying an additional 2,033 shares in the last quarter. Bison Wealth LLC increased its position in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after buying an additional 483 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Fiserv in the second quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL increased its position in shares of Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Trading Down 1.8%

Fiserv stock opened at $55.32 on Wednesday. The stock has a 50-day moving average price of $59.39 and a 200 day moving average price of $74.92. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $221.50. The stock has a market cap of $29.58 billion, a PE ratio of 8.73, a P/E/G ratio of 1.74 and a beta of 0.79.

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 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 firm had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period last year, the company earned $2.51 EPS. The firm’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. Equities research analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on FISV shares. Tigress Financial reiterated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research report on Wednesday, March 11th. Morgan Stanley set a $64.00 price objective on Fiserv in a research report on Wednesday, February 11th. Citigroup reiterated a “neutral” rating and set a $68.00 price objective (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Northcoast Research cut Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $105.59.

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.