Fiserv, Inc. (NYSE:FI) Shares Purchased by Copperleaf Capital LLC

Copperleaf Capital LLC boosted its position in Fiserv, Inc. (NYSE:FI) by 15.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,496 shares of the business services provider’s stock after purchasing an additional 616 shares during the quarter. Copperleaf Capital LLC’s holdings in Fiserv were worth $924,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FI. Valley National Advisers Inc. acquired a new stake in shares of Fiserv in the 4th quarter worth $29,000. Compass Financial Services Inc acquired a new stake in shares of Fiserv in the 4th quarter worth $31,000. Kennebec Savings Bank acquired a new stake in shares of Fiserv in the 3rd quarter worth $40,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fiserv in the 3rd quarter worth $44,000. Finally, Friedenthal Financial acquired a new stake in shares of Fiserv in the 4th quarter worth $49,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of FI opened at $230.85 on Friday. The stock has a 50-day simple moving average of $210.77 and a 200-day simple moving average of $195.72. 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 market capitalization of $131.34 billion, a PE ratio of 42.83, a PEG ratio of 1.52 and a beta of 0.94. Fiserv, Inc. has a 1 year low of $145.44 and a 1 year high of $233.26.

Fiserv (NYSE:FI) last issued its earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, analysts predict that Fiserv, Inc. will post 10.22 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FI. Morgan Stanley increased their price target on Fiserv from $258.00 to $267.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. BMO Capital Markets increased their price target on Fiserv from $233.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Mizuho increased 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. Keefe, Bruyette & Woods increased their price target on Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Finally, Barclays increased their price target on Fiserv from $235.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Two 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $239.83.

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.