Blair William & Co. IL Reduces Stake in Fiserv, Inc. $FISV

Blair William & Co. IL lessened its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 8.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,935,022 shares of the business services provider’s stock after selling 172,497 shares during the quarter. Blair William & Co. IL owned about 0.36% of Fiserv worth $249,482,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC boosted its position in shares of Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after acquiring an additional 2,033 shares during the period. Bison Wealth LLC increased its holdings in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. lifted its stake in Fiserv by 21.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after purchasing an additional 483 shares in the last quarter. Cornercap Investment Counsel Inc. bought a new position in Fiserv in the 2nd quarter valued at $759,000. Finally, Atlantic Union Bankshares Corp boosted its holdings in Fiserv by 80.6% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 2,438 shares of the business services provider’s stock valued at $420,000 after purchasing an additional 1,088 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Fiserv Trading Down 1.1%

NASDAQ FISV opened at $63.16 on Friday. The firm has a market cap of $33.78 billion, a PE ratio of 9.96, a price-to-earnings-growth ratio of 1.96 and a beta of 0.77. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $227.00. The stock has a 50-day moving average of $64.00 and a 200-day moving average of $87.90. 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 posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the company earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Tigress Financial set a $95.00 price target on shares of Fiserv and gave the stock a “buy” rating in a report on Wednesday, December 31st. Northcoast Research lowered Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Citigroup restated a “neutral” rating and set a $68.00 target price (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. BNP Paribas Exane lifted their price objective on shares of Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, February 11th. Finally, Stephens cut their target price on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Fiserv has an average rating of “Hold” and an average price target of $109.74.

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.