Opal Wealth Advisors LLC Has $704,000 Holdings in Fiserv, Inc. (NYSE:FI)

Opal Wealth Advisors LLC trimmed its position in shares of Fiserv, Inc. (NYSE:FI) by 10.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,425 shares of the business services provider’s stock after selling 382 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Fiserv were worth $704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Valley National Advisers Inc. acquired a new stake in Fiserv in the 4th quarter worth $29,000. Compass Financial Services Inc bought a new position in Fiserv in the fourth quarter worth $31,000. 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 valued at $34,000 after buying an additional 57 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of Fiserv during the 3rd quarter valued at about $40,000. Finally, Northwest Investment Counselors LLC acquired a new position in Fiserv in the third quarter worth about $44,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group lifted their price target on shares of Fiserv from $185.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Compass Point assumed coverage on Fiserv in a report on Wednesday, November 20th. They issued a “buy” rating and a $278.00 price target for the company. KeyCorp boosted their target price on shares of Fiserv from $250.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday. Royal Bank of Canada increased their price target on shares of Fiserv from $255.00 to $270.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Mizuho boosted their price objective on shares of Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Fiserv has an average rating of “Buy” and an average price target of $235.91.

Fiserv Trading Down 0.5 %

Shares of FI opened at $230.18 on Monday. 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 fifty-two week low of $142.14 and a fifty-two week high of $233.26. The firm has a 50 day moving average price of $209.01 and a 200-day moving average price of $193.52. The firm has a market cap of $130.95 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 1.52 and a beta of 0.94.

Fiserv (NYSE:FI) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, beating 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%. As a group, equities research analysts forecast that Fiserv, Inc. will post 10.22 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Kenneth Best sold 20,821 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the sale, the chief accounting officer now owns 38,771 shares in the company, valued at $8,320,644.31. This represents a 34.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.75% of the stock is owned by insiders.

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.