Oregon Pacific Wealth Management LLC Makes New $242,000 Investment in Fiserv, Inc. (NYSE:FI)

Oregon Pacific Wealth Management LLC acquired a new stake in shares of Fiserv, Inc. (NYSE:FI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,178 shares of the business services provider’s stock, valued at approximately $242,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FI. Valley National Advisers Inc. bought a new stake in Fiserv during the fourth quarter worth $29,000. Clean Yield Group grew its holdings 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 Fiserv by 42.5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after buying an additional 57 shares in the last quarter. Kennebec Savings Bank bought a new stake in Fiserv during the third quarter worth $40,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fiserv during the third quarter worth $44,000. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Mizuho upped their price target on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Tigress Financial boosted their price objective on Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. The Goldman Sachs Group boosted their price objective on Fiserv from $208.00 to $231.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. BMO Capital Markets boosted their price objective on Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Wells Fargo & Company boosted their price objective on Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $224.00.

Insiders Place Their Bets

In other news, 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 value of $4,468,394.81. Following the sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at approximately $8,320,644.31. This trade represents a 34.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.75% of the company’s stock.

Fiserv Price Performance

Shares of Fiserv stock opened at $216.07 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The business’s 50 day simple moving average is $208.72 and its two-hundred day simple moving average is $191.19. The stock has a market capitalization of $122.93 billion, a P/E ratio of 41.55, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. Fiserv, Inc. has a one year low of $137.13 and a one year high of $223.23.

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.