American Century Companies Inc. Cuts Stake in Fiserv, Inc. $FISV

American Century Companies Inc. lessened its holdings in Fiserv, Inc. (NASDAQ:FISV) by 60.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 380,049 shares of the business services provider’s stock after selling 576,791 shares during the period. American Century Companies Inc. owned approximately 0.07% of Fiserv worth $49,000,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new stake in shares of Fiserv in the third quarter valued at $28,000. True Wealth Design LLC increased its holdings in Fiserv by 3,750.0% during the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after purchasing an additional 225 shares during the period. Redmont Wealth Advisors LLC acquired a new stake in Fiserv in the 3rd quarter valued at about $30,000. Clear Street LLC acquired a new stake in Fiserv in the 2nd quarter valued at about $34,000. Finally, Westfuller Advisors LLC purchased a new position in shares of Fiserv in the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Susquehanna restated a “positive” rating and set a $99.00 target price (down from $220.00) on shares of Fiserv in a research note on Wednesday, November 12th. JPMorgan Chase & Co. lowered their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Morgan Stanley set a $64.00 price objective on shares of Fiserv in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Fiserv in a research report on Monday, December 29th. Finally, Tigress Financial set a $95.00 target price on shares of Fiserv and gave the stock a “buy” rating in a research note on Wednesday, December 31st. Ten analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $109.74.

Fiserv Stock Performance

Shares of FISV opened at $63.86 on Friday. The company’s 50 day simple moving average is $64.08 and its 200-day simple moving average is $88.41. The firm has a market cap of $34.15 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $227.00. 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 (NASDAQ:FISV) last issued its quarterly 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 net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the business earned $2.51 EPS. Fiserv’s quarterly revenue was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts predict 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.