Capital Advisors Ltd. LLC Invests $44,000 in Fiserv, Inc. (NYSE:FI)

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

A number of other institutional investors have also added to or reduced their stakes in FI. Apeiron RIA LLC raised its holdings in shares of Fiserv by 2.9% in the 3rd quarter. Apeiron RIA LLC now owns 3,217 shares of the business services provider’s stock valued at $363,000 after purchasing an additional 90 shares in the last quarter. Brighton Jones LLC lifted its position in Fiserv by 4.0% during the 3rd quarter. Brighton Jones LLC now owns 2,385 shares of the business services provider’s stock worth $269,000 after acquiring an additional 92 shares during the period. Jacobi Capital Management LLC raised its position in Fiserv by 0.9% during the 3rd quarter. Jacobi Capital Management LLC now owns 10,099 shares of the business services provider’s stock worth $1,141,000 after buying an additional 94 shares during the last quarter. UniSuper Management Pty Ltd lifted its holdings in Fiserv by 2.3% in the third quarter. UniSuper Management Pty Ltd now owns 4,500 shares of the business services provider’s stock valued at $508,000 after acquiring an additional 100 shares during the period. Finally, Hollencrest Capital Management boosted its position in Fiserv by 75.8% during the third quarter. Hollencrest Capital Management now owns 232 shares of the business services provider’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the company. Jefferies Financial Group upped their target price on Fiserv from $150.00 to $160.00 and gave the company a “hold” rating in a report on Monday, March 25th. TD Cowen upped their price target on Fiserv from $167.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday. BNP Paribas raised shares of Fiserv from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 10th. BMO Capital Markets increased their price target on Fiserv from $163.00 to $168.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, KeyCorp raised their target price on Fiserv from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday. Six equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $164.33.

Insider Activity

In related news, COO Guy Chiarello sold 24,000 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $149.53, for a total value of $3,588,720.00. Following the completion of the sale, the chief operating officer now directly owns 163,699 shares in the company, valued at $24,477,911.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 111,575 shares of company stock worth $17,022,387 in the last 90 days. Company insiders own 0.75% of the company’s stock.

Fiserv Stock Performance

Shares of Fiserv stock traded up $0.03 during trading hours on Thursday, reaching $152.28. The company’s stock had a trading volume of 700,889 shares, compared to its average volume of 2,527,782. The stock has a market cap of $89.66 billion, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 1.27 and a beta of 0.91. The company’s 50 day simple moving average is $152.28 and its 200 day simple moving average is $137.34. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.04 and a current ratio of 1.06. Fiserv, Inc. has a one year low of $109.11 and a one year high of $159.99.

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, beating the consensus estimate of $1.77 by $0.11. Fiserv had a net margin of 16.68% and a return on equity of 15.73%. The business had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.57 billion. During the same period last year, the firm posted $1.58 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. As a group, analysts expect that Fiserv, Inc. will post 8.63 EPS for the current fiscal year.

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.