Fiserv, Inc. (NYSE:FI) Shares Bought by Nvwm LLC

Nvwm LLC grew its position in Fiserv, Inc. (NYSE:FI) by 44,991.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,411 shares of the business services provider’s stock after acquiring an additional 5,399 shares during the quarter. Nvwm LLC’s holdings in Fiserv were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Valley National Advisers Inc. purchased a new stake in Fiserv during the 4th quarter valued at approximately $29,000. Clean Yield Group raised 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 purchasing an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC increased its position in 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 during the period. Kennebec Savings Bank acquired a new stake in Fiserv in the third quarter valued at $40,000. Finally, Northwest Investment Counselors LLC acquired a new position in shares of Fiserv during the 3rd quarter worth $44,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction 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 transaction, the chief accounting officer now directly owns 38,771 shares in the company, valued at $8,320,644.31. The trade was a 34.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on FI. Stephens reissued an “overweight” rating and issued a $255.00 price objective on shares of Fiserv in a research note on Thursday, January 2nd. Susquehanna increased their target price on Fiserv from $190.00 to $230.00 and gave the company a “positive” rating in a report on Friday, October 18th. BMO Capital Markets boosted their price target on Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. The Goldman Sachs Group increased their price objective on Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. Finally, Jefferies Financial Group upped their target price on shares of Fiserv from $195.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. 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’s stock. According to data from MarketBeat, Fiserv currently has a consensus rating of “Moderate Buy” and an average target price of $224.00.

Fiserv Stock Down 1.1 %

NYSE:FI opened at $214.21 on Wednesday. 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 stock has a 50 day moving average of $208.45 and a 200-day moving average of $192.25. The firm has a market capitalization of $121.87 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. Fiserv, Inc. has a 52 week low of $137.13 and a 52 week high of $223.23.

Fiserv (NYSE:FI) last released its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. Analysts predict that Fiserv, Inc. will post 8.77 EPS for the current year.

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.