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

Catalyst Capital Advisors LLC reduced its stake in shares of Fiserv, Inc. (NYSE:FI) by 12.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,135 shares of the business services provider’s stock after selling 168 shares during the period. Catalyst Capital Advisors LLC’s holdings in Fiserv were worth $233,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Soros Capital Management LLC raised its position in shares of Fiserv by 71.7% during the 3rd quarter. Soros Capital Management LLC now owns 54,797 shares of the business services provider’s stock worth $9,844,000 after purchasing an additional 22,884 shares during the last quarter. Czech National Bank raised its holdings in Fiserv by 5.2% in the 4th quarter. Czech National Bank now owns 123,353 shares of the business services provider’s stock valued at $25,339,000 after acquiring an additional 6,072 shares during the last quarter. Chiron Investment Management LLC acquired a new position in Fiserv in the 3rd quarter valued at $4,709,000. Trust Co. of Vermont raised its holdings in Fiserv by 170.4% in the 4th quarter. Trust Co. of Vermont now owns 6,839 shares of the business services provider’s stock valued at $1,405,000 after acquiring an additional 4,310 shares during the last quarter. Finally, Cardano Risk Management B.V. acquired a new position in Fiserv in the 4th quarter valued at $97,254,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FI. Tigress Financial boosted their price objective on shares of Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Keefe, Bruyette & Woods boosted 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. Mizuho boosted their price objective 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. Barclays boosted their price objective on shares of Fiserv from $235.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. upped 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. 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $239.83.

Fiserv Stock Performance

Shares of Fiserv stock opened at $230.85 on Tuesday. The firm has a market cap of $131.34 billion, a PE ratio of 42.83, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. The firm’s 50-day simple moving average is $210.77 and its 200-day simple moving average is $196.17. 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, Inc. has a 1 year low of $145.44 and a 1 year high of $233.26.

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 the consensus estimate of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Equities analysts forecast that Fiserv, Inc. will post 10.22 earnings per share for the current fiscal year.

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.