Concurrent Investment Advisors LLC Makes New $1.13 Million Investment in Fiserv, Inc. $FISV

Concurrent Investment Advisors LLC bought a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 16,744 shares of the business services provider’s stock, valued at approximately $1,125,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Calamos Advisors LLC purchased a new stake in Fiserv in the fourth quarter worth $7,604,000. Mendel Money Management purchased a new stake in Fiserv in the fourth quarter worth $556,000. NBC Securities Inc. purchased a new position in shares of Fiserv during the fourth quarter valued at $138,000. Arizona State Retirement System purchased a new position in shares of Fiserv during the fourth quarter valued at $10,355,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Fiserv during the fourth quarter valued at $446,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

FISV has been the topic of several research reports. Truist Financial cut their price target on Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Raymond James Financial lowered Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. B. Riley Financial cut their price target on Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. BNP Paribas Exane cut their price target on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Finally, BMO Capital Markets initiated coverage on Fiserv in a research note on Tuesday, April 21st. They set a “market perform” rating and a $65.00 price target on the stock. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $92.41.

View Our Latest Stock Report on Fiserv

Fiserv Price Performance

Shares of FISV stock opened at $62.65 on Friday. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. The stock’s 50-day moving average is $59.26 and its 200 day moving average is $67.78. The company has a market cap of $33.45 billion, a P/E ratio of 9.88, a PEG ratio of 1.93 and a beta of 0.79. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share 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 company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter last year, the company earned $2.51 earnings per share. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts predict that Fiserv, Inc. will post 8.11 earnings per share for the current fiscal year.

Fiserv Company 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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