Trust Co. of Oklahoma Has $4.48 Million Holdings in Fiserv, Inc. (NYSE:FI)

Trust Co. of Oklahoma decreased its position in Fiserv, Inc. (NYSE:FI) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,798 shares of the business services provider’s stock after selling 526 shares during the quarter. Fiserv comprises approximately 1.4% of Trust Co. of Oklahoma’s investment portfolio, making the stock its 18th biggest position. Trust Co. of Oklahoma’s holdings in Fiserv were worth $4,478,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FI. Clean Yield Group grew its position in Fiserv by 431.3% during the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock worth $31,000 after buying an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC grew its holdings in shares of Fiserv by 42.5% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after purchasing an additional 57 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Fiserv in the third quarter worth $40,000. Friedenthal Financial acquired a new position in Fiserv in the fourth quarter valued at about $49,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fiserv during the third quarter worth about $44,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FI opened at $209.48 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. The company has a market cap of $119.18 billion, a price-to-earnings ratio of 40.28, a price-to-earnings-growth ratio of 1.37 and a beta of 0.94. The stock has a fifty day simple moving average of $209.15 and a two-hundred day simple moving average of $188.28. Fiserv, Inc. has a 12-month low of $137.13 and a 12-month high of $223.23.

Fiserv (NYSE:FI) last posted its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.04. The company had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 EPS. Research analysts predict that Fiserv, Inc. will post 8.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Heidi Miller sold 30,000 shares of Fiserv stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total value of $6,033,900.00. Following the completion of the sale, the director now directly owns 33,235 shares in the company, valued at approximately $6,684,555.55. This trade represents a 47.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the completion of the sale, the chief accounting officer now owns 38,771 shares of the company’s stock, valued at $8,320,644.31. This represents a 34.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.75% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FI. Wells Fargo & Company increased their price target on shares of Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Oppenheimer lifted their price target on Fiserv from $214.00 to $239.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Barclays upped their price objective on Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Susquehanna lifted their target price on Fiserv from $190.00 to $230.00 and gave the company a “positive” rating in a research report on Friday, October 18th. Finally, Morgan Stanley raised their price target on shares of Fiserv from $220.00 to $258.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Three investment 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $224.00.

Fiserv Company Profile

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.