1,789 Shares in Fiserv, Inc. (NYSE:FI) Purchased by Certuity LLC

Certuity LLC purchased a new stake in Fiserv, Inc. (NYSE:FI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,789 shares of the business services provider’s stock, valued at approximately $367,000.

Several other large investors also recently made changes to their positions in FI. Valley National Advisers Inc. bought a new stake in shares of Fiserv during the 4th quarter worth $29,000. Compass Financial Services Inc purchased a new stake in shares of Fiserv during the fourth quarter valued at $31,000. Kennebec Savings Bank acquired a new position in shares of Fiserv in the 3rd quarter valued at $40,000. Northwest Investment Counselors LLC purchased a new position in Fiserv in the 3rd quarter worth about $44,000. Finally, Wolff Wiese Magana LLC raised its holdings in Fiserv by 904.0% during 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. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

FI has been the topic of several analyst reports. Royal Bank of Canada lifted their target price on shares of Fiserv from $255.00 to $270.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Stephens boosted their target price on shares of Fiserv from $255.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Compass Point began coverage on Fiserv in a report on Wednesday, November 20th. They issued a “buy” rating and a $278.00 target price for the company. JPMorgan Chase & Co. lifted their price target on Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Finally, Oppenheimer increased their price objective on Fiserv from $214.00 to $239.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Fiserv has an average rating of “Buy” and an average target price of $239.83.

Fiserv Stock Performance

FI opened at $227.83 on Thursday. The stock has a 50-day moving average of $209.54 and a 200-day moving average of $194.77. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. Fiserv, Inc. has a 52-week low of $142.47 and a 52-week high of $233.26. The company has a market cap of $129.62 billion, a PE ratio of 42.27, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94.

Fiserv (NYSE:FI) last announced its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, beating the consensus estimate of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. As a group, equities research analysts forecast that Fiserv, Inc. will post 10.22 earnings per share for the current fiscal 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.