3,060 Shares in Fiserv, Inc. (NYSE:FI) Bought by AtonRa Partners

AtonRa Partners bought a new position in Fiserv, Inc. (NYSE:FI) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 3,060 shares of the business services provider’s stock, valued at approximately $406,000.

A number of other institutional investors also recently bought and sold shares of FI. Meritage Portfolio Management bought a new stake in Fiserv during the fourth quarter valued at about $995,000. Piscataqua Savings Bank bought a new stake in Fiserv during the fourth quarter valued at about $67,000. GHP Investment Advisors Inc. bought a new stake in Fiserv during the fourth quarter valued at about $78,000. Liberty Capital Management Inc. bought a new stake in Fiserv during the fourth quarter valued at about $7,071,000. Finally, Birch Hill Investment Advisors LLC bought a new stake in Fiserv during the fourth quarter valued at about $84,583,000. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Down 1.0 %

NYSE:FI traded down $1.58 during trading hours on Monday, reaching $154.31. The company’s stock had a trading volume of 1,940,748 shares, compared to its average volume of 2,558,118. The company has a market capitalization of $90.29 billion, a P/E ratio of 29.14, a price-to-earnings-growth ratio of 1.26 and a beta of 0.91. Fiserv, Inc. has a 12 month low of $109.11 and a 12 month high of $159.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $152.54 and a two-hundred day moving average price of $138.07.

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

Insider Buying and Selling

In other Fiserv news, COO Guy Chiarello sold 63,646 shares of Fiserv stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $154.00, for a total value of $9,801,484.00. Following the transaction, the chief operating officer now directly owns 163,699 shares of the company’s stock, valued at $25,209,646. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 111,575 shares of company stock valued at $17,022,387 over the last 90 days. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. KeyCorp raised their price target on Fiserv from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Evercore ISI restated an “outperform” rating and set a $185.00 price objective on shares of Fiserv in a research report on Tuesday, March 26th. Truist Financial raised their price objective on Fiserv from $140.00 to $145.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. Oppenheimer upgraded Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 price objective for the company in a research report on Thursday, January 11th. Finally, Mizuho restated a “buy” rating and set a $156.00 price objective on shares of Fiserv in a research report on Wednesday, March 27th. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.33.

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.