Vontobel Holding Ltd. Reduces Stock Holdings in Fiserv, Inc. (NYSE:FI)

Vontobel Holding Ltd. lowered its holdings in shares of Fiserv, Inc. (NYSE:FI) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,127 shares of the business services provider’s stock after selling 1,549 shares during the quarter. Vontobel Holding Ltd.’s holdings in Fiserv were worth $8,037,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FI. FMR LLC grew its holdings in Fiserv by 17.8% during the third quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after purchasing an additional 1,427,664 shares during the period. Sanders Capital LLC purchased a new position in shares of Fiserv during the 3rd quarter valued at about $764,543,000. Barclays PLC grew its stake in shares of Fiserv by 3.0% during the 3rd quarter. Barclays PLC now owns 1,685,157 shares of the business services provider’s stock valued at $302,737,000 after acquiring an additional 48,413 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in Fiserv by 0.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,778 shares of the business services provider’s stock worth $236,739,000 after acquiring an additional 4,218 shares in the last quarter. Finally, National Pension Service raised its stake in Fiserv by 9.2% during the 3rd quarter. National Pension Service now owns 1,112,168 shares of the business services provider’s stock worth $199,801,000 after acquiring an additional 93,508 shares during the period. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. KeyCorp increased their price objective on shares of Fiserv from $250.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Citigroup increased their price target on Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Tigress Financial boosted their price objective on Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. Royal Bank of Canada lifted their target price on Fiserv from $255.00 to $270.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Finally, Susquehanna lifted their target price on Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a research note on Monday, February 10th. Two 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 MarketBeat.com, Fiserv presently has a consensus rating of “Buy” and an average price target of $239.83.

Fiserv Price Performance

Shares of Fiserv stock opened at $230.85 on Friday. The stock has a market cap of $131.34 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. The stock has a 50 day moving average price of $210.77 and a 200-day moving average price of $195.72. Fiserv, Inc. has a one year low of $145.44 and a one year high of $233.26.

Fiserv (NYSE:FI) last announced its earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. Equities analysts expect that Fiserv, Inc. will post 10.22 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.