Clarius Group LLC Has $706,000 Stock Holdings in Fiserv, Inc. (NYSE:FI)

Clarius Group LLC decreased its holdings in Fiserv, Inc. (NYSE:FI) by 4.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,945 shares of the business services provider’s stock after selling 204 shares during the quarter. Clarius Group LLC’s holdings in Fiserv were worth $706,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Wellington Shields & Co. LLC bought a new position in shares of Fiserv during the 1st quarter worth approximately $25,000. Family Firm Inc. purchased a new position in Fiserv in the 2nd quarter valued at approximately $31,000. Clean Yield Group grew its position in shares of Fiserv by 431.3% during the 3rd quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 138 shares in the last quarter. ZRC Wealth Management LLC purchased a new position in shares of Fiserv during the 1st quarter valued at $32,000. Finally, Quarry LP purchased a new position in shares of Fiserv during the 4th quarter valued at $36,000. Institutional investors own 90.98% of the company’s stock.

Insider Activity

In other news, CEO Frank Bisignano sold 145,000 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $177.37, for a total transaction of $25,718,650.00. Following the completion of the transaction, the chief executive officer now directly owns 2,965,084 shares of the company’s stock, valued at approximately $525,916,949.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Frank Bisignano sold 145,000 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $177.37, for a total transaction of $25,718,650.00. Following the completion of the transaction, the chief executive officer now directly owns 2,965,084 shares of the company’s stock, valued at approximately $525,916,949.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Guy Chiarello sold 24,000 shares of the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $154.86, for a total transaction of $3,716,640.00. Following the transaction, the chief operating officer now owns 163,699 shares in the company, valued at $25,350,427.14. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 211,890 shares of company stock valued at $36,572,057. Insiders own 0.75% of the company’s stock.

Fiserv Stock Performance

Fiserv stock opened at $190.35 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $109.59 billion, a PE ratio of 32.93, a P/E/G ratio of 1.44 and a beta of 0.93. The firm has a fifty day simple moving average of $173.30 and a two-hundred day simple moving average of $159.90. Fiserv, Inc. has a twelve month low of $109.11 and a twelve month high of $191.23.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $2.13 EPS for the quarter, beating the consensus estimate of $2.10 by $0.03. The firm had revenue of $5.11 billion during the quarter, compared to the consensus estimate of $4.81 billion. Fiserv had a net margin of 17.45% and a return on equity of 16.41%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.81 earnings per share. Research analysts expect that Fiserv, Inc. will post 8.74 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. StockNews.com upgraded shares of Fiserv from a “hold” rating to a “buy” rating in a research report on Thursday, September 26th. KeyCorp boosted their price target on shares of Fiserv from $170.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, July 25th. William Blair upgraded shares of Fiserv to a “strong-buy” rating in a research report on Wednesday, July 24th. BMO Capital Markets boosted their price target on shares of Fiserv from $175.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. Finally, Robert W. Baird lifted their price objective on shares of Fiserv from $186.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, September 23rd. Four analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $178.84.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.