Abundance Wealth Counselors Makes New $658,000 Investment in Fiserv, Inc. $FISV

Abundance Wealth Counselors purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,794 shares of the business services provider’s stock, valued at approximately $658,000.

Several other large investors have also recently bought and sold shares of FISV. Nordea Investment Management AB grew its holdings in Fiserv by 4.1% during the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after purchasing an additional 78,220 shares during the period. AGF Management Ltd. grew its holdings in Fiserv by 55.4% during the third quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after purchasing an additional 69,383 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in Fiserv by 3.9% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock worth $362,128,000 after purchasing an additional 109,427 shares during the period. CMH Wealth Management LLC grew its holdings in Fiserv by 49.6% during the third quarter. CMH Wealth Management LLC now owns 86,676 shares of the business services provider’s stock worth $11,175,000 after purchasing an additional 28,729 shares during the period. Finally, National Pension Service grew its holdings in Fiserv by 2.6% during the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after purchasing an additional 30,951 shares during the period. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on FISV shares. JPMorgan Chase & Co. reduced their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Tigress Financial reiterated a “buy” rating and set a $95.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Cantor Fitzgerald restated a “neutral” rating and set a $70.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Zacks Research upgraded shares of Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Finally, B. Riley Financial cut their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus target price of $103.74.

Fiserv Stock Up 0.4%

FISV opened at $59.02 on Wednesday. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $221.50. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $31.51 billion, a P/E ratio of 9.31, a P/E/G ratio of 1.82 and a beta of 0.79. The stock has a fifty day moving average of $58.87 and a 200-day moving average of $72.37.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share 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 company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter last year, the firm earned $2.51 earnings per share. The company’s 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 expect that Fiserv, Inc. will post 10.23 EPS for the current 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.