Hudson Edge Investment Partners Inc. Invests $6.75 Million in Fiserv, Inc. $FISV

Hudson Edge Investment Partners Inc. bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel reports. The fund bought 100,415 shares of the business services provider’s stock, valued at approximately $6,745,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Krilogy Financial LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $331,000. Beacon Bridge Wealth Partners LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $525,000. Institute for Wealth Management LLC. acquired a new position in shares of Fiserv during the 4th quarter worth approximately $347,000. First Horizon Corp acquired a new position in shares of Fiserv during the 4th quarter worth approximately $467,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Fiserv during the 4th quarter worth approximately $1,014,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Price Performance

NASDAQ:FISV opened at $63.97 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The stock’s fifty day moving average is $59.06 and its two-hundred day moving average is $70.98. Fiserv, Inc. has a 52 week low of $52.91 and a 52 week high of $221.50. The stock has a market capitalization of $34.16 billion, a price-to-earnings ratio of 10.09, a price-to-earnings-growth ratio of 1.98 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping 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 analysts’ expectations of $4.78 billion. During the same period in the prior year, the firm earned $2.51 earnings per share. The firm’s revenue 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 anticipate that Fiserv, Inc. will post 10.23 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Northcoast Research cut Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. UBS Group decreased their price objective on Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Truist Financial decreased their price objective on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a report on Thursday, February 26th. Nine research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average price target of $102.20.

Fiserv Company Profile

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.