Hudson Edge Investment Partners Inc. Raises Holdings in Fiserv, Inc. $FISV

Hudson Edge Investment Partners Inc. raised its holdings in Fiserv, Inc. (NASDAQ:FISV) by 18.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,898 shares of the business services provider’s stock after purchasing an additional 18,483 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in Fiserv were worth $6,635,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new stake in Fiserv during the 4th quarter worth about $25,000. Private Wealth Asset Management LLC bought a new stake in shares of Fiserv during the fourth quarter valued at about $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv in the fourth quarter worth about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv in the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC bought a new position in shares of Fiserv in the fourth quarter valued at approximately $27,000. 90.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of the stock in a transaction on Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.06% of the stock is currently owned by insiders.

Fiserv Stock Performance

NASDAQ:FISV opened at $52.33 on Friday. The company has a market capitalization of $27.90 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 1.46 and a beta of 0.82. The business has a 50 day moving average of $54.24 and a 200 day moving average of $59.49. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a 1-year low of $47.04 and a 1-year high of $175.92.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’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. On average, sell-side analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FISV has been the topic of several recent analyst reports. BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a research note on Friday, June 5th. Morgan Stanley increased their price objective on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Robert W. Baird set a $78.00 price objective on Fiserv in a research note on Wednesday, May 6th. The Goldman Sachs Group reduced their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $82.23.

About Fiserv

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.