Fiserv, Inc. (NYSE:FI) Shares Sold by Savant Capital LLC

Savant Capital LLC lowered its stake in Fiserv, Inc. (NYSE:FI) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,385 shares of the business services provider’s stock after selling 3,886 shares during the quarter. Savant Capital LLC’s holdings in Fiserv were worth $5,831,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Valley National Advisers Inc. bought a new stake in Fiserv in the fourth quarter worth about $29,000. Compass Financial Services Inc bought a new stake in Fiserv in the fourth quarter worth about $31,000. Cedar Mountain Advisors LLC raised its position in Fiserv by 42.5% in the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after acquiring an additional 57 shares in the last quarter. Kennebec Savings Bank bought a new stake in Fiserv in the third quarter worth about $40,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fiserv in the third quarter worth about $44,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Up 0.2 %

NYSE:FI opened at $230.55 on Tuesday. The stock’s 50 day moving average price is $209.01 and its 200 day moving average price is $193.75. Fiserv, Inc. has a 52 week low of $142.47 and a 52 week high of $233.26. The company has a market capitalization of $131.16 billion, a P/E ratio of 42.77, a P/E/G 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.

Fiserv (NYSE:FI) last released its quarterly earnings data 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%. On average, research analysts forecast that Fiserv, Inc. will post 10.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on FI shares. Wells Fargo & Company boosted their price target on shares of Fiserv from $240.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. JPMorgan Chase & Co. boosted their price target on shares of Fiserv from $199.00 to $227.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. The Goldman Sachs Group upped their price objective on shares of Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. Keefe, Bruyette & Woods upped their price objective on shares of Fiserv from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada upped their price objective on shares of Fiserv from $255.00 to $270.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Two analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $239.83.

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.