CENTRAL TRUST Co Has $2.99 Million Stake in Fiserv, Inc. (NYSE:FI)

CENTRAL TRUST Co grew its holdings in Fiserv, Inc. (NYSE:FI) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,569 shares of the business services provider’s stock after purchasing an additional 716 shares during the quarter. CENTRAL TRUST Co’s holdings in Fiserv were worth $2,993,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Mount Yale Investment Advisors LLC boosted its holdings in Fiserv by 1.2% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,126 shares of the business services provider’s stock valued at $848,000 after purchasing an additional 50 shares during the period. Waypoint Capital Advisors LLC lifted its stake in shares of Fiserv by 1.7% in the third quarter. Waypoint Capital Advisors LLC now owns 3,118 shares of the business services provider’s stock valued at $560,000 after buying an additional 51 shares during the period. Wealthcare Advisory Partners LLC grew its position in Fiserv by 3.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,752 shares of the business services provider’s stock worth $360,000 after buying an additional 51 shares in the last quarter. Optas LLC grew its position in Fiserv by 1.7% during the third quarter. Optas LLC now owns 3,216 shares of the business services provider’s stock worth $578,000 after buying an additional 54 shares in the last quarter. Finally, Cedar Mountain Advisors LLC increased its stake in Fiserv by 42.5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 57 shares during the period. 90.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the business’s stock in a transaction dated 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 directly owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.75% of the stock is currently owned by corporate insiders.

Fiserv Trading Up 0.1 %

Shares of NYSE FI opened at $216.07 on Monday. Fiserv, Inc. has a 1-year low of $137.13 and a 1-year high of $223.23. 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 50-day moving average of $208.72 and a two-hundred day moving average of $191.19. The company has a market cap of $122.93 billion, a PE ratio of 41.55, a P/E/G ratio of 1.39 and a beta of 0.94.

Analysts Set New Price Targets

FI has been the topic of several recent research reports. Susquehanna lifted their price objective on Fiserv from $190.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, October 18th. Compass Point began coverage on shares of Fiserv in a research note on Wednesday, November 20th. They set a “buy” rating and a $278.00 price target on the stock. Barclays increased their price objective on shares of Fiserv from $185.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Tigress Financial lifted their target price on shares of Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. Finally, BMO Capital Markets increased their price target on shares of Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Three research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.