U.S. Capital Wealth Advisors LLC Buys Shares of 16,046 Fiserv, Inc. (NYSE:FI)

U.S. Capital Wealth Advisors LLC bought a new stake in shares of Fiserv, Inc. (NYSE:FI) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,046 shares of the business services provider’s stock, valued at approximately $2,132,000.

Other large investors have also recently bought and sold shares of the company. Meritage Portfolio Management bought a new position in shares of Fiserv during the 4th quarter valued at about $995,000. Piscataqua Savings Bank bought a new position in shares of Fiserv during the 4th quarter valued at about $67,000. GHP Investment Advisors Inc. acquired a new position in shares of Fiserv in the fourth quarter worth about $78,000. Liberty Capital Management Inc. acquired a new position in shares of Fiserv in the fourth quarter worth about $7,071,000. Finally, Birch Hill Investment Advisors LLC acquired a new position in shares of Fiserv in the fourth quarter worth about $84,583,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Susquehanna raised their target price on shares of Fiserv from $175.00 to $180.00 and gave the stock a “positive” rating in a report on Monday, March 25th. Jefferies Financial Group raised their price target on shares of Fiserv from $150.00 to $160.00 and gave the stock a “hold” rating in a report on Monday, March 25th. Evercore ISI restated an “outperform” rating and set a $185.00 price target on shares of Fiserv in a report on Tuesday, March 26th. TD Cowen raised their price target on shares of Fiserv from $167.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Finally, B. Riley raised their price target on shares of Fiserv from $176.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Six investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Moderate Buy” and an average target price of $164.33.

Insider Transactions at Fiserv

In other news, COO Guy Chiarello sold 63,646 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $154.00, for a total transaction of $9,801,484.00. Following the completion of the sale, the chief operating officer now owns 163,699 shares of the company’s stock, valued at $25,209,646. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 111,575 shares of company stock valued at $17,022,387. Corporate insiders own 0.75% of the company’s stock.

Fiserv Stock Performance

Fiserv stock traded up $0.05 on Friday, hitting $149.22. The company’s stock had a trading volume of 2,942,846 shares, compared to its average volume of 2,577,646. The company has a fifty day moving average price of $152.74 and a 200-day moving average price of $139.04. The firm has a market cap of $87.31 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.20 and a beta of 0.92. Fiserv, Inc. has a one year low of $109.11 and a one year high of $159.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.81.

Fiserv (NYSE:FI) last released its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.11. Fiserv had a return on equity of 15.73% and a net margin of 16.68%. The company had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.57 billion. During the same period in the prior year, the company posted $1.58 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. On average, equities analysts anticipate that Fiserv, Inc. will post 8.69 earnings per share 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.