Fiserv, Inc. (NYSE:FI) Stock Holdings Lessened by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lessened its holdings in shares of Fiserv, Inc. (NYSE:FI) by 34.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,062 shares of the business services provider’s stock after selling 3,185 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Fiserv were worth $1,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FI. Cottonwood Capital Advisors LLC acquired a new stake in shares of Fiserv during the 4th quarter worth approximately $338,000. Curated Wealth Partners LLC grew its stake in Fiserv by 10.4% during the 4th quarter. Curated Wealth Partners LLC now owns 3,145 shares of the business services provider’s stock worth $646,000 after buying an additional 295 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Fiserv by 34.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,090 shares of the business services provider’s stock worth $2,689,000 after buying an additional 3,318 shares during the period. Neumann Capital Management LLC lifted its position in Fiserv by 3.2% in the 4th quarter. Neumann Capital Management LLC now owns 4,890 shares of the business services provider’s stock valued at $1,005,000 after purchasing an additional 150 shares during the last quarter. Finally, Carmel Capital Management L.L.C. raised its holdings in shares of Fiserv by 25.2% during the fourth quarter. Carmel Capital Management L.L.C. now owns 46,610 shares of the business services provider’s stock valued at $9,575,000 after buying an additional 9,370 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of NYSE:FI opened at $208.90 on Monday. The company has a market cap of $118.85 billion, a P/E ratio of 40.17, a price-to-earnings-growth ratio of 1.37 and a beta of 0.94. The company’s fifty day moving average is $209.02 and its two-hundred day moving average is $189.07. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv, Inc. has a 12-month low of $137.13 and a 12-month high of $223.23.

Insider Activity at Fiserv

In related news, CAO Kenneth Best sold 20,821 shares of the business’s 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 transaction, the chief accounting officer now directly owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Heidi Miller sold 30,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total transaction of $6,033,900.00. Following the completion of the sale, the director now owns 33,235 shares of the company’s stock, valued at approximately $6,684,555.55. The trade was a 47.44 % decrease in their position. The disclosure for this sale can be found here. 0.75% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FI. BMO Capital Markets increased their price objective on Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Seaport Res Ptn raised Fiserv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. UBS Group upped their price objective on shares of Fiserv from $185.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. KeyCorp raised their target price on shares of Fiserv from $180.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Finally, Wells Fargo & Company upped their price target on shares of Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Three 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. Based on data from MarketBeat, Fiserv currently has an average rating of “Moderate Buy” and a consensus price target 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.