BSW Wealth Partners Acquires 354 Shares of Fiserv, Inc. (NYSE:FI)

BSW Wealth Partners raised its holdings in shares of Fiserv, Inc. (NYSE:FI) by 10.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,737 shares of the business services provider’s stock after purchasing an additional 354 shares during the quarter. BSW Wealth Partners’ holdings in Fiserv were worth $768,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clean Yield Group boosted its holdings in shares of Fiserv by 431.3% during the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock worth $31,000 after acquiring an additional 138 shares during the period. Cedar Mountain Advisors LLC lifted its holdings in shares of Fiserv by 42.5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after buying an additional 57 shares in the last quarter. Newbridge Financial Services Group Inc. raised its stake in Fiserv by 95.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 260 shares of the business services provider’s stock worth $39,000 after purchasing an additional 127 shares in the last quarter. Kennebec Savings Bank bought a new stake in Fiserv in the 3rd quarter valued at about $40,000. Finally, Northwest Investment Counselors LLC acquired a new stake in Fiserv during the third quarter worth approximately $44,000. 90.98% of the stock is owned by institutional investors.

Insider Activity

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.75% of the stock is currently owned by corporate insiders.

Fiserv Stock Down 0.6 %

Shares of NYSE:FI opened at $211.90 on Wednesday. The stock has a market cap of $120.55 billion, a price-to-earnings ratio of 40.75, a PEG ratio of 1.37 and a beta of 0.94. The business’s 50 day moving average is $209.03 and its 200 day moving average is $189.79. Fiserv, Inc. has a 12-month low of $137.13 and a 12-month high of $223.23. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.85.

Wall Street Analyst Weigh In

A number of research analysts recently commented on FI shares. Seaport Res Ptn raised Fiserv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 14th. Morgan Stanley boosted their target price on Fiserv from $220.00 to $258.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Citigroup boosted their target price on shares of Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Wells Fargo & Company lifted their price target on Fiserv from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, Jefferies Financial Group lifted their target price on shares of Fiserv from $195.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Three equities research 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’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $224.00.

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.