Robinson Value Management Ltd. Has $3.69 Million Stock Position in Fiserv, Inc. (NYSE:FI)

Robinson Value Management Ltd. trimmed its stake in shares of Fiserv, Inc. (NYSE:FI) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,945 shares of the business services provider’s stock after selling 533 shares during the quarter. Fiserv accounts for 2.4% of Robinson Value Management Ltd.’s portfolio, making the stock its 14th largest holding. Robinson Value Management Ltd.’s holdings in Fiserv were worth $3,686,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Soros Capital Management LLC boosted its holdings in Fiserv by 71.7% during the third quarter. Soros Capital Management LLC now owns 54,797 shares of the business services provider’s stock valued at $9,844,000 after purchasing an additional 22,884 shares in the last quarter. Czech National Bank boosted its holdings in shares of Fiserv by 5.2% in the 4th quarter. Czech National Bank now owns 123,353 shares of the business services provider’s stock worth $25,339,000 after acquiring an additional 6,072 shares in the last quarter. Chiron Investment Management LLC acquired a new position in shares of Fiserv in the 3rd quarter worth approximately $4,709,000. Trust Co. of Vermont boosted its holdings in shares of Fiserv by 170.4% in the 4th quarter. Trust Co. of Vermont now owns 6,839 shares of the business services provider’s stock worth $1,405,000 after acquiring an additional 4,310 shares in the last quarter. Finally, Cardano Risk Management B.V. acquired a new position in shares of Fiserv in the 4th quarter worth approximately $97,254,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fiserv

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on FI shares. Seaport Res Ptn raised Fiserv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. BMO Capital Markets boosted their target price on Fiserv from $233.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday. Mizuho upped their price objective on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada upped their price objective on Fiserv from $255.00 to $270.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Susquehanna upped their price objective on Fiserv from $190.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, October 18th. 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. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $235.91.

Fiserv Stock Performance

Shares of Fiserv stock opened at $230.18 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86. Fiserv, Inc. has a twelve month low of $142.14 and a twelve month high of $233.26. The stock has a market cap of $130.95 billion, a price-to-earnings ratio of 42.71, a P/E/G ratio of 1.52 and a beta of 0.94. The company’s fifty day moving average is $209.01 and its 200 day moving average is $193.27.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Sell-side analysts forecast that Fiserv, Inc. will post 10.22 EPS for the current year.

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.