Aurora Investment Counsel Buys 8,754 Shares of Fiserv, Inc. $FISV

Aurora Investment Counsel increased its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 215.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,814 shares of the business services provider’s stock after acquiring an additional 8,754 shares during the period. Aurora Investment Counsel’s holdings in Fiserv were worth $1,652,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FISV. Norges Bank bought a new stake in shares of Fiserv during the 2nd quarter worth approximately $1,252,260,000. Marshall Wace LLP acquired a new position in Fiserv during the second quarter worth $356,643,000. Worldquant Millennium Advisors LLC raised its position in Fiserv by 2,134.9% during the second quarter. Worldquant Millennium Advisors LLC now owns 993,068 shares of the business services provider’s stock worth $171,215,000 after acquiring an additional 948,634 shares in the last quarter. Baupost Group LLC MA acquired a new stake in Fiserv in the second quarter valued at $154,307,000. Finally, Amundi grew its position in shares of Fiserv by 27.2% in the 2nd quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after acquiring an additional 807,916 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FISV has been the topic of a number of research analyst reports. TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Compass Point dropped their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Stephens reduced their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. BTIG Research reissued a “buy” rating and set a $180.00 target price on shares of Fiserv in a report on Wednesday, October 29th. Finally, Seaport Research Partners downgraded Fiserv from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Ten analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $110.16.

Fiserv Stock Performance

NASDAQ:FISV opened at $61.47 on Friday. The stock has a 50 day simple moving average of $65.26 and a 200 day simple moving average of $92.63. The stock has a market cap of $33.41 billion, a P/E ratio of 9.70, a PEG ratio of 1.89 and a beta of 0.78. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $238.59. The company has a current ratio of 1.03, a quick ratio of 1.08 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data 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. 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 in the prior year, the firm posted $2.51 EPS. The company’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. Research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Insider Activity

In other Fiserv news, insider Adam L. Rosman acquired 7,900 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the purchase, the insider directly owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Paul M. Todd bought 17,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were acquired at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the transaction, the chief financial officer owned 24,453 shares in the company, valued at approximately $1,526,111.73. This represents a 228.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.00% of the stock is owned by insiders.

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.