BSW Wealth Partners Raises Holdings in Fiserv, Inc. (NYSE:FI)

BSW Wealth Partners increased its position in Fiserv, Inc. (NYSE:FI) by 10.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,737 shares of the business services provider’s stock after acquiring an additional 354 shares during the quarter. BSW Wealth Partners’ holdings in Fiserv were worth $768,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FI. Sanders Capital LLC bought a new position in shares of Fiserv in the third quarter worth $764,543,000. FMR LLC boosted its position in shares of Fiserv by 17.8% during the 3rd quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after acquiring an additional 1,427,664 shares during the last quarter. Maj Invest Holding A S purchased a new position in shares of Fiserv during the third quarter worth about $172,993,000. Kovitz Investment Group Partners LLC increased its position in shares of Fiserv by 788.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock worth $109,700,000 after purchasing an additional 561,377 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its stake in Fiserv by 1,238.6% in the third quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock valued at $108,488,000 after purchasing an additional 558,774 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FI has been the topic of a number of research analyst reports. Compass Point began coverage on shares of Fiserv in a report on Wednesday, November 20th. They issued a “buy” rating and a $278.00 price target on the stock. Keefe, Bruyette & Woods boosted their target price on Fiserv from $225.00 to $238.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Barclays boosted their price objective on shares of Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Mizuho boosted their price target on shares of Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, TD Cowen lifted their price objective on Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $224.00.

Insider Transactions at Fiserv

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the transaction, the chief accounting officer now owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.75% of the stock is owned by insiders.

Fiserv Stock Down 0.6 %

FI stock opened at $211.90 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.85. The business has a 50 day moving average of $209.03 and a 200 day moving average of $189.79. Fiserv, Inc. has a twelve month low of $137.13 and a twelve month high of $223.23. The firm has a market cap of $120.55 billion, a PE ratio of 40.75, a price-to-earnings-growth ratio of 1.37 and a beta of 0.94.

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.