Thompson Siegel & Walmsley LLC Purchases Shares of 550,794 Fiserv, Inc. $FISV

by · The Cerbat Gem

Thompson Siegel & Walmsley LLC acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 550,794 shares of the business services provider’s stock, valued at approximately $36,997,000.

Several other hedge funds also recently modified their holdings of FISV. Brighton Jones LLC boosted its stake in Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after purchasing an additional 2,033 shares in the last quarter. Bison Wealth LLC increased its stake in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after buying an additional 483 shares in the last quarter. Jump Financial LLC bought a new position in shares of Fiserv in the second quarter valued at about $1,001,000. Finally, Gamco Investors INC. ET AL lifted its position in Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

FISV has been the topic of a number of research analyst reports. Mizuho decreased their price objective on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Susquehanna reaffirmed a “positive” rating and issued a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Cantor Fitzgerald reduced their target price on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Robert W. Baird set a $78.00 price target on shares of Fiserv in a report on Wednesday, May 6th. Finally, BMO Capital Markets boosted their price objective on shares of Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 15th. Nine research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fiserv has an average rating of “Hold” and an average target price of $82.80.

Read Our Latest Report on Fiserv

Fiserv Stock Performance

Shares of NASDAQ:FISV opened at $56.56 on Monday. The stock has a market capitalization of $30.16 billion, a P/E ratio of 9.59, a P/E/G ratio of 1.58 and a beta of 0.80. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average price of $57.56 and a two-hundred day moving average price of $61.62.

Fiserv (NASDAQ:FISV – Get Free Report) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Fiserv Profile

(Free Report)

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.

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