Guyasuta Investment Advisors Inc. Reduces Stock Position in Fiserv, Inc. (NYSE:FI)

Guyasuta Investment Advisors Inc. cut its holdings in shares of Fiserv, Inc. (NYSE:FI) by 0.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 151,403 shares of the business services provider’s stock after selling 1,186 shares during the quarter. Fiserv makes up approximately 2.0% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 19th biggest holding. Guyasuta Investment Advisors Inc.’s holdings in Fiserv were worth $31,101,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sanders Capital LLC bought a new stake in shares of Fiserv in the 3rd quarter valued at approximately $764,543,000. FMR LLC increased its holdings in shares of Fiserv by 17.8% in 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. Kovitz Investment Group Partners LLC increased its holdings in shares of Fiserv by 788.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock valued at $109,700,000 after acquiring an additional 561,377 shares during the last quarter. Mizuho Securities USA LLC increased its holdings in shares of Fiserv by 1,238.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock valued at $108,488,000 after acquiring an additional 558,774 shares during the last quarter. Finally, Cardano Risk Management B.V. bought a new stake in shares of Fiserv in the 4th quarter valued at approximately $97,254,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Stock Up 0.4 %

NYSE:FI opened at $230.85 on Friday. The firm has a market capitalization of $131.34 billion, a price-to-earnings ratio of 42.83, a PEG ratio of 1.52 and a beta of 0.94. Fiserv, Inc. has a 1-year low of $145.44 and a 1-year high of $233.26. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. The business’s fifty day moving average price is $210.30 and its 200 day moving average price is $195.24.

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, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, sell-side analysts forecast that Fiserv, Inc. will post 10.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on FI. Stephens boosted their price objective on Fiserv from $255.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Mizuho boosted their price objective on Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. TD Cowen boosted their price objective on Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Susquehanna boosted their price target on Fiserv from $230.00 to $270.00 and gave the stock a “positive” rating in a research report on Monday, February 10th. Finally, UBS Group boosted their price target on Fiserv from $185.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $239.83.

About Fiserv

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.