Baader Bank Aktiengesellschaft Sells 2,172 Shares of Fiserv, Inc. (NYSE:FI)

Baader Bank Aktiengesellschaft lowered its position in Fiserv, Inc. (NYSE:FI) by 40.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,208 shares of the business services provider’s stock after selling 2,172 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Fiserv were worth $659,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FI. Clean Yield Group grew its stake 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 valued at $31,000 after purchasing an additional 138 shares during the last quarter. Cedar Mountain Advisors LLC lifted its holdings in Fiserv by 42.5% during the 3rd 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. boosted its position 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 valued at $39,000 after buying an additional 127 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of Fiserv in the 3rd quarter valued at $40,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Fiserv during the third quarter worth $44,000. 90.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on FI shares. TD Cowen raised their price target on Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Compass Point began coverage on shares of Fiserv in a research note on Wednesday, November 20th. They issued a “buy” rating and a $278.00 target price on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Fiserv from $225.00 to $238.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Wells Fargo & Company lifted their price objective on Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, Morgan Stanley boosted their price objective on shares of Fiserv from $220.00 to $258.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Fiserv has an average rating of “Moderate Buy” and a consensus price target of $224.00.

Fiserv Stock Up 1.6 %

Fiserv stock opened at $215.91 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv, Inc. has a 1-year low of $137.13 and a 1-year high of $223.23. The company has a fifty day simple moving average of $208.86 and a 200 day simple moving average of $190.36. The company has a market cap of $122.84 billion, a P/E ratio of 41.52, a price-to-earnings-growth ratio of 1.37 and a beta of 0.94.

Insider Transactions at Fiserv

In other news, CAO Kenneth Best sold 20,821 shares of the stock in a transaction that occurred 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 sale, the chief accounting officer now owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. This represents a 34.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.75% of the company’s stock.

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.