One Wealth Advisors LLC lowered its stake in shares of Fiserv, Inc. (NYSE:FI – Free Report) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,431 shares of the business services provider’s stock after selling 305 shares during the quarter. One Wealth Advisors LLC’s holdings in Fiserv were worth $499,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in FI. Centaurus Financial Inc. lifted its holdings in shares of Fiserv by 19.4% during the 2nd quarter. Centaurus Financial Inc. now owns 1,931 shares of the business services provider’s stock worth $288,000 after acquiring an additional 314 shares during the period. Czech National Bank raised its position in Fiserv by 5.2% during the third quarter. Czech National Bank now owns 117,281 shares of the business services provider’s stock valued at $21,070,000 after purchasing an additional 5,784 shares in the last quarter. Quent Capital LLC lifted its stake in Fiserv by 55.6% during the third quarter. Quent Capital LLC now owns 1,958 shares of the business services provider’s stock worth $351,000 after purchasing an additional 700 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Fiserv by 1.8% in the 3rd quarter. Handelsbanken Fonder AB now owns 212,233 shares of the business services provider’s stock valued at $38,128,000 after purchasing an additional 3,673 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Fiserv by 19.4% in the 3rd quarter. GAMMA Investing LLC now owns 14,547 shares of the business services provider’s stock valued at $2,613,000 after purchasing an additional 2,360 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.
Insider Buying and Selling at Fiserv
In other news, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction on Tuesday, November 12th. The shares were 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 in the company, valued at $8,320,644.31. The trade was a 34.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.75% of the company’s stock.
Fiserv Trading Up 0.1 %
Analyst Ratings Changes
FI has been the subject of several recent analyst reports. Mizuho upped their price objective on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. TD Cowen increased their target price on shares of Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Royal Bank of Canada lifted their price target on shares of Fiserv from $183.00 to $224.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Stephens reissued an “overweight” rating and issued a $255.00 price objective on shares of Fiserv in a research note on Thursday, January 2nd. Finally, Seaport Res Ptn upgraded shares of Fiserv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Three research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $224.00.
View Our Latest Analysis on FI
Fiserv 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.
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