Asset Management One Co. Ltd. Sells 672 Shares of Fiserv, Inc. (NYSE:FI)

Asset Management One Co. Ltd. trimmed its position in shares of Fiserv, Inc. (NYSE:FI) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 227,411 shares of the business services provider’s stock after selling 672 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Fiserv were worth $47,290,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Valley National Advisers Inc. purchased a new position in shares of Fiserv in the 4th quarter valued at approximately $29,000. Compass Financial Services Inc bought a new position in Fiserv in the fourth quarter worth $31,000. Kennebec Savings Bank purchased a new position in Fiserv during the third quarter valued at $40,000. Northwest Investment Counselors LLC bought a new stake in shares of Fiserv during the 3rd quarter valued at $44,000. Finally, Wolff Wiese Magana LLC grew its position in shares of Fiserv by 904.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 251 shares of the business services provider’s stock worth $45,000 after buying an additional 226 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of FI opened at $229.93 on Friday. The firm has a market cap of $130.81 billion, a PE ratio of 42.66, a P/E/G ratio of 1.52 and a beta of 0.94. Fiserv, Inc. has a 1-year low of $142.98 and a 1-year high of $233.26. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. The firm has a fifty day simple moving average of $209.78 and a two-hundred day simple moving average of $195.00.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, equities analysts anticipate that Fiserv, Inc. will post 10.22 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on FI shares. Keefe, Bruyette & Woods lifted their price target on shares of Fiserv from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. BMO Capital Markets lifted their target price on shares of Fiserv from $233.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Susquehanna upped their price target on Fiserv from $230.00 to $270.00 and gave the stock a “positive” rating in a research note on Monday. JPMorgan Chase & Co. raised their price objective on Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Finally, Wells Fargo & Company boosted their target price on Fiserv from $240.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $239.83.

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.