Waldron Private Wealth LLC Invests $448,000 in Fiserv, Inc. (NYSE:FI)

Waldron Private Wealth LLC acquired a new stake in shares of Fiserv, Inc. (NYSE:FI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,379 shares of the business services provider’s stock, valued at approximately $448,000.

A number of other large investors have also made changes to their positions in the stock. Piscataqua Savings Bank purchased a new stake in Fiserv in the fourth quarter valued at $67,000. GHP Investment Advisors Inc. acquired a new position in Fiserv in the fourth quarter valued at about $78,000. Liberty Capital Management Inc. acquired a new position in Fiserv in the fourth quarter valued at about $7,071,000. Birch Hill Investment Advisors LLC purchased a new position in Fiserv during the fourth quarter worth about $84,583,000. Finally, Graypoint LLC acquired a new stake in shares of Fiserv during the fourth quarter valued at about $3,732,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Fiserv

In other news, COO Guy Chiarello sold 63,646 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $154.00, for a total transaction 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 approximately $25,209,646. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.75% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group upped their price objective on shares of Fiserv from $150.00 to $160.00 and gave the stock a “hold” rating in a report on Monday, March 25th. Mizuho reissued a “buy” rating and set a $156.00 price target on shares of Fiserv in a research report on Wednesday, March 27th. BMO Capital Markets lifted their price objective on shares of Fiserv from $152.00 to $157.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. StockNews.com initiated coverage on shares of Fiserv in a research note on Saturday, February 3rd. They issued a “buy” rating for the company. Finally, Oppenheimer upgraded Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 target price for the company in a report on Thursday, January 11th. Six research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Fiserv has an average rating of “Moderate Buy” and a consensus price target of $158.21.

Fiserv Stock Performance

Shares of FI opened at $148.19 on Tuesday. The stock has a market capitalization of $87.25 billion, a P/E ratio of 29.64, a P/E/G ratio of 1.24 and a beta of 0.91. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.04 and a current ratio of 1.04. Fiserv, Inc. has a 1 year low of $109.11 and a 1 year high of $159.99. The company’s fifty day moving average is $151.46 and its two-hundred day moving average is $135.71.

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

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.