Fox Run Management L.L.C. Purchases New Shares in Fiserv, Inc. $FISV

by · The Markets Daily

Fox Run Management L.L.C. purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 15,644 shares of the business services provider’s stock, valued at approximately $1,051,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FISV. Brighton Jones LLC raised its holdings in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after buying an additional 2,033 shares during the period. Bison Wealth LLC raised 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 valued at $472,000 after buying an additional 116 shares during the period. Schnieders Capital Management LLC. raised its holdings in Fiserv by 21.0% during the 2nd 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 during the period. Jump Financial LLC purchased a new stake in Fiserv during the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL raised its holdings 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 valued at $897,000 after buying an additional 350 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the topic of several recent research reports. BMO Capital Markets increased their price target on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Rothschild & Co Redburn cut their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Susquehanna reaffirmed a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Finally, Compass Point cut their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $82.23.

Check Out Our Latest Stock Analysis on Fiserv

Fiserv Stock Performance

Shares of Fiserv stock opened at $54.03 on Wednesday. The stock’s fifty day moving average is $57.44 and its two-hundred day moving average is $61.25. The company has a market capitalization of $28.81 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 1.48 and a beta of 0.79. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36.

Fiserv (NASDAQ:FISV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The company’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts expect 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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