Fiserv, Inc. (NYSE:FI) Shares Sold by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lowered its stake in Fiserv, Inc. (NYSE:FI) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,403 shares of the business services provider’s stock after selling 1,186 shares during the quarter. Fiserv comprises about 2.0% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 19th biggest holding. Guyasuta Investment Advisors Inc.’s holdings in Fiserv were worth $31,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Sanders Capital LLC purchased a new stake in shares of Fiserv during the third quarter worth approximately $764,543,000. FMR LLC increased its stake in Fiserv by 17.8% in the third quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after purchasing an additional 1,427,664 shares during the last quarter. Kovitz Investment Group Partners LLC increased its stake in Fiserv by 788.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock valued at $109,700,000 after purchasing an additional 561,377 shares during the last quarter. Mizuho Securities USA LLC increased its stake in Fiserv by 1,238.6% in the third quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock valued at $108,488,000 after purchasing an additional 558,774 shares during the last quarter. Finally, Cardano Risk Management B.V. purchased a new position in Fiserv in the fourth quarter valued at approximately $97,254,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Susquehanna increased their price objective on Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a report on Monday, February 10th. Stephens increased their price objective on Fiserv from $255.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Royal Bank of Canada increased their price target on Fiserv from $255.00 to $270.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Mizuho increased their price target on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, BMO Capital Markets increased their price target on Fiserv from $233.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $239.83.

Fiserv Stock Performance

NYSE FI opened at $230.85 on Friday. The firm 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. Fiserv, Inc. has a 1-year low of $145.44 and a 1-year high of $233.26. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.06 and a quick ratio of 1.07. The business’s 50-day simple moving average is $210.30 and its 200-day simple moving average is $195.24.

Fiserv (NYSE:FI) last released its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. Equities analysts predict that Fiserv, Inc. will post 10.22 EPS 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.