Fiserv, Inc. (NYSE:FI) Shares Purchased by Wisconsin Capital Management LLC

Wisconsin Capital Management LLC increased its stake in Fiserv, Inc. (NYSE:FI) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,175 shares of the business services provider’s stock after acquiring an additional 70 shares during the quarter. Fiserv makes up about 2.0% of Wisconsin Capital Management LLC’s portfolio, making the stock its 22nd biggest holding. Wisconsin Capital Management LLC’s holdings in Fiserv were worth $3,804,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in FI. Wellington Shields & Co. LLC purchased a new stake in shares of Fiserv in the 1st quarter valued at approximately $25,000. Clean Yield Group lifted its holdings in shares of Fiserv by 431.3% during the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock worth $31,000 after purchasing an additional 138 shares during the period. Cedar Mountain Advisors LLC grew its position in Fiserv by 42.5% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock valued at $34,000 after buying an additional 57 shares during the last quarter. Family Firm Inc. purchased a new position in Fiserv during the 2nd quarter worth $31,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Fiserv in the 3rd quarter worth $44,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FI. BMO Capital Markets boosted their price objective on shares of Fiserv from $175.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. Susquehanna increased their target price on Fiserv from $190.00 to $230.00 and gave the stock a “positive” rating in a research report on Friday, October 18th. KeyCorp lifted their price target on Fiserv from $180.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Royal Bank of Canada increased their price objective on shares of Fiserv from $183.00 to $224.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Finally, Mizuho boosted their target price on shares of Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $207.25.

Fiserv Trading Up 1.1 %

Shares of FI stock opened at $203.00 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50-day moving average of $185.14 and a 200 day moving average of $165.34. The stock has a market capitalization of $115.49 billion, a PE ratio of 39.04, a P/E/G ratio of 1.54 and a beta of 0.92. Fiserv, Inc. has a 1-year low of $118.42 and a 1-year high of $204.50.

Fiserv (NYSE:FI) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.04. The firm had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.96 EPS. As a group, sell-side analysts anticipate that Fiserv, Inc. will post 8.77 earnings per share for the current year.

Insider Transactions at Fiserv

In other news, Director Doyle Simons sold 40,000 shares of the stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total value of $8,078,800.00. Following the sale, the director now directly owns 76,180 shares of the company’s stock, valued at approximately $15,386,074.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Heidi Miller sold 30,000 shares of the company’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total transaction of $6,033,900.00. Following the transaction, the director now directly owns 33,235 shares of the company’s stock, valued at $6,684,555.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Doyle Simons sold 40,000 shares of Fiserv stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total value of $8,078,800.00. Following the completion of the sale, the director now owns 76,180 shares of the company’s stock, valued at $15,386,074.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 257,890 shares of company stock valued at $46,968,117 in the last ninety days. 0.75% of the stock is currently owned by corporate insiders.

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.