333 Shares in Fiserv, Inc. (NYSE:FI) Bought by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC acquired a new stake in Fiserv, Inc. (NYSE:FI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 333 shares of the business services provider’s stock, valued at approximately $44,000.

Several other large investors also recently modified their holdings of FI. Vanguard Group Inc. acquired a new position in Fiserv in the third quarter worth about $5,705,241,000. California Public Employees Retirement System bought a new position in Fiserv in the fourth quarter worth about $423,780,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Fiserv in the fourth quarter valued at approximately $422,884,000. Nordea Investment Management AB acquired a new stake in shares of Fiserv during the 4th quarter worth approximately $351,525,000. Finally, Raymond James & Associates bought a new stake in shares of Fiserv in the 4th quarter worth approximately $277,117,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Trading Up 0.0 %

Shares of Fiserv stock traded up $0.03 on Thursday, reaching $152.28. 700,889 shares of the company were exchanged, compared to its average volume of 2,527,782. Fiserv, Inc. has a fifty-two week low of $109.11 and a fifty-two week high of $159.99. The firm has a market capitalization of $89.66 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 1.27 and a beta of 0.91. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.81. The stock has a fifty day moving average price of $152.28 and a 200-day moving average price of $137.34.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.11. Fiserv had a return on equity of 15.73% and a net margin of 16.68%. The firm had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. On average, analysts expect that Fiserv, Inc. will post 8.63 EPS for the current year.

Insiders Place Their Bets

In other Fiserv news, COO Guy Chiarello sold 63,646 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $154.00, for a total transaction of $9,801,484.00. Following the completion of the sale, the chief operating officer now directly owns 163,699 shares in the company, valued at approximately $25,209,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 111,575 shares of company stock worth $17,022,387. Corporate insiders own 0.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FI shares. Mizuho reiterated a “buy” rating and issued a $156.00 target price on shares of Fiserv in a research note on Wednesday, March 27th. Oppenheimer upgraded shares of Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 price target on the stock in a research note on Thursday, January 11th. KeyCorp lifted their price target on Fiserv from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday. Truist Financial increased their price objective on Fiserv from $140.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Finally, TD Cowen lifted their target price on Fiserv from $167.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $164.33.

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.