Hsbc Holdings PLC Makes New Investment in Fiserv, Inc. $FISV

Hsbc Holdings PLC acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,286,530 shares of the business services provider’s stock, valued at approximately $86,490,000. Hsbc Holdings PLC owned about 0.24% of Fiserv as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its position 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 during the period. Bison Wealth LLC lifted its position 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 purchasing an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Fiserv by 21.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after purchasing an additional 483 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Fiserv during the 2nd quarter worth approximately $1,001,000. Finally, Gamco Investors INC. ET AL grew its position in shares of 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 during the period. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

NASDAQ:FISV opened at $47.86 on Monday. Fiserv, Inc. has a 1 year low of $47.37 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 stock has a market cap of $25.52 billion, a price-to-earnings ratio of 8.11, a PEG ratio of 1.34 and a beta of 0.80. The stock has a 50-day moving average price of $56.56 and a two-hundred day moving average price of $60.65.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. The business’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Insider Transactions at Fiserv

In related news, CFO Paul M. Todd bought 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were purchased at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the acquisition, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This represents a 5.78% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FISV. Morgan Stanley increased their price objective on shares of Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. BNP Paribas Exane lowered shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a report on Friday, June 5th. The Goldman Sachs Group dropped their target price on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Citigroup reduced their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Robert W. Baird set a $78.00 price objective on Fiserv in a research note on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.