Annex Advisory Services LLC Takes Position in Fiserv, Inc. $FISV

Annex Advisory Services LLC bought a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 12,977 shares of the business services provider’s stock, valued at approximately $872,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in shares of Fiserv in the 3rd quarter valued at $28,000. True Wealth Design LLC boosted its stake in shares of Fiserv by 3,750.0% in the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Fiserv in the 3rd quarter valued at $30,000. Westfuller Advisors LLC acquired a new stake in shares of Fiserv in the 3rd quarter valued at $36,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Fiserv in the 2nd quarter valued at $55,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of FISV stock opened at $61.29 on Thursday. 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 cap of $32.73 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 1.83 and a beta of 0.79. The stock has a 50-day moving average of $58.90 and a 200-day moving average of $72.30. Fiserv, Inc. has a one year low of $52.91 and a one year high of $221.50.

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

Wall Street Analyst Weigh In

FISV has been the topic of several research reports. The Goldman Sachs Group reduced their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday. Compass Point reduced their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a research report on Monday, December 29th. Jefferies Financial Group upped their price target on shares of Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Finally, Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Nine 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $103.74.

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.