Everhart Financial Group Inc. lifted its holdings in Fiserv, Inc. (NYSE:FI – Free Report) by 2.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,686 shares of the business services provider’s stock after buying an additional 131 shares during the quarter. Everhart Financial Group Inc.’s holdings in Fiserv were worth $963,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Catalina Capital Group LLC lifted its position in shares of Fiserv by 2.3% in the 4th quarter. Catalina Capital Group LLC now owns 2,160 shares of the business services provider’s stock worth $444,000 after buying an additional 48 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of Fiserv by 1.2% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,126 shares of the business services provider’s stock worth $848,000 after buying an additional 50 shares during the last quarter. Hemington Wealth Management lifted its position in Fiserv by 6.1% in the 4th quarter. Hemington Wealth Management now owns 864 shares of the business services provider’s stock valued at $177,000 after purchasing an additional 50 shares during the last quarter. Waypoint Capital Advisors LLC lifted its position in Fiserv by 1.7% in the 3rd quarter. Waypoint Capital Advisors LLC now owns 3,118 shares of the business services provider’s stock valued at $560,000 after purchasing an additional 51 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in Fiserv by 3.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,752 shares of the business services provider’s stock valued at $360,000 after purchasing an additional 51 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group lifted their price objective on shares of Fiserv from $195.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Seaport Res Ptn upgraded shares of Fiserv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Royal Bank of Canada lifted their price objective on shares of Fiserv from $255.00 to $270.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Finally, Mizuho lifted their price objective on shares of Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Two analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $239.83.
Fiserv Stock Performance
Shares of FI opened at $230.85 on Friday. The firm’s 50 day moving average is $210.77 and its 200-day moving average is $195.72. The stock has a market capitalization of $131.34 billion, a P/E ratio of 42.83, a P/E/G ratio of 1.52 and a beta of 0.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.06 and a quick ratio of 1.07. Fiserv, Inc. has a 12-month low of $145.44 and a 12-month high of $233.26.
Fiserv (NYSE:FI – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Equities research analysts anticipate that Fiserv, Inc. will post 10.22 EPS for the current fiscal year.
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.
Featured Stories
- Five stocks we like better than Fiserv
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- Growth Stocks: What They Are, Examples and How to Invest
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- Conference Calls and Individual Investors
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NYSE:FI – Free Report).
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.