Fiserv, Inc. (NYSE:FI) Shares Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its stake in Fiserv, Inc. (NYSE:FI) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,569 shares of the business services provider’s stock after acquiring an additional 716 shares during the period. CENTRAL TRUST Co’s holdings in Fiserv were worth $2,993,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. bought a new stake in Fiserv during the fourth quarter worth approximately $29,000. Clean Yield Group increased its position in shares of Fiserv by 431.3% during the 3rd quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the period. Cedar Mountain Advisors LLC raised its stake in shares of Fiserv by 42.5% in the 3rd 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 acquired a new stake in shares of Fiserv in the third quarter valued at $40,000. Finally, Northwest Investment Counselors LLC bought a new position in Fiserv during the third quarter valued at about $44,000. 90.98% of the stock is currently owned by institutional investors.

Insider Transactions at Fiserv

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 value 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. The trade was a 34.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.75% of the company’s stock.

Fiserv Price Performance

FI opened at $216.07 on Monday. The stock has a fifty day moving average price of $208.72 and a 200 day moving average price of $191.19. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv, Inc. has a 1 year low of $137.13 and a 1 year high of $223.23. The stock has a market cap of $122.93 billion, a price-to-earnings ratio of 41.55, a PEG ratio of 1.39 and a beta of 0.94.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FI shares. Morgan Stanley boosted their price target on shares of Fiserv from $220.00 to $258.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Mizuho increased their target price on shares of Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Royal Bank of Canada raised their target price on shares of Fiserv from $183.00 to $224.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. BMO Capital Markets upped their price target on Fiserv from $222.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, KeyCorp raised their price objective on Fiserv from $180.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $224.00.

Fiserv 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.