Fiserv, Inc. $FISV Position Reduced by Bailard Inc.

Bailard Inc. trimmed its position in Fiserv, Inc. (NASDAQ:FISV) by 15.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,199 shares of the business services provider’s stock after selling 15,353 shares during the period. Bailard Inc.’s holdings in Fiserv were worth $10,985,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Register Financial Advisors LLC bought a new stake in shares of Fiserv in the 3rd quarter worth $903,000. Rakuten Investment Management Inc. acquired a new stake in Fiserv in the 3rd quarter valued at about $7,964,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Fiserv by 5.0% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 575,866 shares of the business services provider’s stock valued at $74,246,000 after purchasing an additional 27,434 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Fiserv by 88.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,769 shares of the business services provider’s stock worth $476,000 after purchasing an additional 1,764 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its stake in shares of Fiserv by 2.9% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 21,246 shares of the business services provider’s stock worth $2,739,000 after purchasing an additional 593 shares during the last quarter. 90.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Fiserv in a research report on Monday, December 29th. Wall Street Zen lowered Fiserv from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. BNP Paribas downgraded Fiserv from an “outperform” rating to a “neutral” rating and set a $62.00 target price for the company. in a report on Wednesday, November 5th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Seaport Res Ptn lowered shares of Fiserv from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Ten investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $112.92.

Fiserv Stock Performance

Shares of FISV opened at $64.49 on Wednesday. The company has a market capitalization of $35.06 billion, a PE ratio of 9.97, a PEG ratio of 2.72 and a beta of 0.80. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.08. The company’s 50 day moving average price is $65.76 and its 200 day moving average price is $107.14. Fiserv, Inc. has a 52 week low of $59.56 and a 52 week high of $238.59.

Fiserv (NASDAQ:FISV) last released its earnings results on Wednesday, October 29th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.60). Fiserv had a return on equity of 19.47% and a net margin of 17.05%.The company had revenue of $4.92 billion during the quarter, compared to analysts’ expectations of $5.37 billion. During the same quarter in the previous year, the company earned $2.30 EPS. The firm’s quarterly revenue was up .9% compared to the same quarter last year. Fiserv has set its FY 2025 guidance at 8.500-8.600 EPS. Research analysts expect that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Insider Activity at Fiserv

In other news, insider Adam L. Rosman bought 7,900 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were bought at an average cost of $63.19 per share, with a total value of $499,201.00. Following the transaction, the insider directly owned 61,285 shares in the company, valued at approximately $3,872,599.15. This trade represents a 14.80% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Paul M. Todd purchased 17,000 shares of Fiserv stock in a transaction dated Monday, December 1st. The shares were purchased at an average price of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the acquisition, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. The trade was a 228.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 34,900 shares of company stock valued at $2,211,971. Insiders own 0.75% of the company’s stock.

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.