Fiserv, Inc. (NYSE:FI) Shares Sold by Graphene Investments SAS

Graphene Investments SAS reduced its stake in Fiserv, Inc. (NYSE:FI) by 26.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,700 shares of the business services provider’s stock after selling 5,200 shares during the period. Fiserv accounts for about 2.1% of Graphene Investments SAS’s investment portfolio, making the stock its 19th biggest holding. Graphene Investments SAS’s holdings in Fiserv were worth $3,020,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in FI. Catalina Capital Group LLC boosted its position in Fiserv by 2.3% during the 4th quarter. Catalina Capital Group LLC now owns 2,160 shares of the business services provider’s stock valued at $444,000 after purchasing an additional 48 shares during the period. Mount Yale Investment Advisors LLC boosted its holdings in shares of Fiserv by 1.2% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 4,126 shares of the business services provider’s stock valued at $848,000 after acquiring an additional 50 shares during the period. Waypoint Capital Advisors LLC grew its position in shares of Fiserv by 1.7% during the third quarter. Waypoint Capital Advisors LLC now owns 3,118 shares of the business services provider’s stock worth $560,000 after acquiring an additional 51 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Fiserv by 3.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,752 shares of the business services provider’s stock worth $360,000 after acquiring an additional 51 shares during the period. Finally, Optas LLC lifted its position in Fiserv by 1.7% in the 3rd quarter. Optas LLC now owns 3,216 shares of the business services provider’s stock valued at $578,000 after purchasing an additional 54 shares during the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Price Performance

NYSE FI opened at $231.05 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv, Inc. has a 1 year low of $140.26 and a 1 year high of $232.25. The company has a market cap of $131.45 billion, a PE ratio of 44.43, a PEG ratio of 1.42 and a beta of 0.94. The stock’s 50-day moving average price is $208.61 and its two-hundred day moving average price is $192.51.

Fiserv (NYSE:FI) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. On average, analysts predict that Fiserv, Inc. will post 8.77 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FI shares. Tigress Financial raised their price target on shares of Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Royal Bank of Canada raised their target price on Fiserv from $255.00 to $270.00 and gave the company an “outperform” rating in a research report on Thursday. Morgan Stanley boosted their price target on Fiserv from $258.00 to $267.00 and gave the stock an “overweight” rating in a research report on Thursday. Mizuho raised their price target on Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday. Three research 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 presently has a consensus rating of “Moderate Buy” and an average target price of $232.13.

Insider Activity

In related news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the transaction, the chief accounting officer now directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.75% of the company’s stock.

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.