Vontobel Holding Ltd. Sells 1,549 Shares of Fiserv, Inc. (NYSE:FI)

Vontobel Holding Ltd. reduced its holdings in shares of Fiserv, Inc. (NYSE:FI) by 3.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 39,127 shares of the business services provider’s stock after selling 1,549 shares during the period. Vontobel Holding Ltd.’s holdings in Fiserv were worth $8,037,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Valley National Advisers Inc. bought a new stake in Fiserv during the 4th quarter valued at $29,000. Compass Financial Services Inc bought a new stake in Fiserv during the 4th quarter valued at $31,000. Kennebec Savings Bank bought a new stake in Fiserv during the 3rd quarter valued at $40,000. Friedenthal Financial bought a new stake in Fiserv during the 4th quarter valued at $49,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fiserv during the 3rd quarter valued at $44,000. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Up 0.4 %

Fiserv stock opened at $230.85 on Friday. 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 business’s 50-day simple moving average is $210.77 and its two-hundred day simple moving average is $195.72. The company has a market cap 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 fifty-two week low of $145.44 and a fifty-two week high of $233.26.

Fiserv (NYSE:FI) last posted its quarterly earnings results 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%. Equities analysts anticipate that Fiserv, Inc. will post 10.22 EPS for the current year.

Analysts Set New Price Targets

FI has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their target price on Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a research report on Tuesday, December 3rd. Jefferies Financial Group lifted their target price on Fiserv from $195.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Barclays lifted their target price on Fiserv from $235.00 to $265.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. UBS Group boosted their price target on Fiserv from $185.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Keefe, Bruyette & Woods boosted their price target on Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Fiserv currently has an average rating of “Buy” and a consensus target price of $239.83.

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.