Fullcircle Wealth LLC Invests $209,000 in Fiserv, Inc. (NYSE:FI)

Fullcircle Wealth LLC purchased a new stake in shares of Fiserv, Inc. (NYSE:FI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,161 shares of the business services provider’s stock, valued at approximately $209,000.

A number of other large investors also recently bought and sold shares of FI. J.W. Cole Advisors Inc. grew its position in shares of Fiserv by 21.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 1,949 shares of the business services provider’s stock valued at $311,000 after acquiring an additional 348 shares during the period. Private Advisor Group LLC increased its position in shares of Fiserv by 4.0% in the first quarter. Private Advisor Group LLC now owns 19,940 shares of the business services provider’s stock valued at $3,187,000 after buying an additional 776 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Fiserv by 6.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 63,865 shares of the business services provider’s stock worth $10,207,000 after buying an additional 3,666 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Fiserv by 5.0% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 14,841 shares of the business services provider’s stock valued at $2,372,000 after buying an additional 713 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its stake in Fiserv by 15.1% in the 1st quarter. Fidelis Capital Partners LLC now owns 3,792 shares of the business services provider’s stock valued at $606,000 after acquiring an additional 497 shares during the period. 90.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fiserv

In other news, EVP John Gibbons sold 18,890 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $168.21, for a total value of $3,177,486.90. Following the completion of the sale, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at approximately $4,764,211.83. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Fiserv news, EVP John Gibbons sold 18,890 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $168.21, for a total value of $3,177,486.90. Following the transaction, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at approximately $4,764,211.83. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Doyle Simons sold 40,000 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the completion of the sale, the director now owns 76,180 shares of the company’s stock, valued at $15,386,074.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 257,890 shares of company stock worth $46,968,117. 0.75% of the stock is owned by company insiders.

Fiserv Stock Performance

NYSE:FI opened at $202.05 on Friday. Fiserv, Inc. has a 12 month low of $114.32 and a 12 month high of $204.50. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $114.95 billion, a PE ratio of 38.86, a price-to-earnings-growth ratio of 1.51 and a beta of 0.92. The business’s fifty day moving average price is $183.87 and its 200 day moving average price is $164.46.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.04. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The company had revenue of $5.22 billion during the quarter, compared to analysts’ expectations of $4.90 billion. During the same quarter in the previous year, the business earned $1.96 earnings per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, sell-side analysts anticipate that Fiserv, Inc. will post 8.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FI has been the topic of several recent analyst reports. Morgan Stanley increased their price objective on shares of Fiserv from $177.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Robert W. Baird boosted their price objective on Fiserv from $186.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Citigroup increased their target price on Fiserv from $187.00 to $226.00 in a report on Tuesday, October 22nd. Keefe, Bruyette & Woods boosted their price target on Fiserv from $178.00 to $184.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Finally, JPMorgan Chase & Co. raised their price objective on Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Fiserv presently has a consensus rating of “Moderate Buy” and an average target price of $207.25.

About Fiserv

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.