4,843 Shares in Fiserv, Inc. (NYSE:FI) Acquired by Crumly & Associates Inc.

Crumly & Associates Inc. acquired a new stake in shares of Fiserv, Inc. (NYSE:FI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,843 shares of the business services provider’s stock, valued at approximately $643,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. First Manhattan Co. raised its holdings in Fiserv by 4.6% during the fourth quarter. First Manhattan Co. now owns 1,966 shares of the business services provider’s stock valued at $199,000 after acquiring an additional 86 shares during the period. Holderness Investments Co. raised its stake in Fiserv by 4.1% during the 2nd quarter. Holderness Investments Co. now owns 2,295 shares of the business services provider’s stock valued at $290,000 after purchasing an additional 90 shares during the period. Apeiron RIA LLC lifted its holdings in Fiserv by 2.9% in the 3rd quarter. Apeiron RIA LLC now owns 3,217 shares of the business services provider’s stock worth $363,000 after purchasing an additional 90 shares in the last quarter. Brighton Jones LLC boosted its stake in Fiserv by 4.0% in the 3rd quarter. Brighton Jones LLC now owns 2,385 shares of the business services provider’s stock worth $269,000 after purchasing an additional 92 shares during the period. Finally, Proficio Capital Partners LLC grew its holdings in Fiserv by 5.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 1,950 shares of the business services provider’s stock valued at $246,000 after buying an additional 94 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Insider Transactions at Fiserv

In related news, COO Guy Chiarello sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $149.53, for a total value of $3,588,720.00. Following the completion of the sale, the chief operating officer now owns 163,699 shares in the company, valued at $24,477,911.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 18.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on FI shares. Mizuho restated a “buy” rating and set a $156.00 target price on shares of Fiserv in a research report on Wednesday, March 27th. StockNews.com assumed coverage on Fiserv in a research report on Saturday, February 3rd. They set a “buy” rating for the company. B. Riley boosted their target price on Fiserv from $152.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. KeyCorp upgraded Fiserv from a “sector weight” rating to an “overweight” rating and set a $180.00 price target for the company in a report on Monday, January 8th. Finally, Truist Financial upped their price objective on Fiserv from $140.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Seven equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat, Fiserv presently has a consensus rating of “Moderate Buy” and an average price target of $158.21.

Fiserv Trading Down 1.6 %

Fiserv stock traded down $2.39 during mid-day trading on Friday, hitting $151.20. The company’s stock had a trading volume of 2,118,392 shares, compared to its average volume of 2,247,025. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.04 and a current ratio of 1.04. The company has a 50 day moving average of $151.38 and a 200-day moving average of $135.17. Fiserv, Inc. has a one year low of $109.11 and a one year high of $159.99. The stock has a market cap of $89.02 billion, a PE ratio of 30.24, a P/E/G ratio of 1.26 and a beta of 0.91.

Fiserv (NYSE:FI) last posted its quarterly earnings results on Tuesday, February 6th. The business services provider reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.04. Fiserv had a net margin of 16.07% and a return on equity of 15.16%. The firm had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.68 billion. During the same period in the prior year, the business posted $1.91 earnings per share. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, research analysts anticipate that Fiserv, Inc. will post 8.62 EPS for the current year.

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.