Csenge Advisory Group Sells 494 Shares of Fiserv, Inc. (NYSE:FI)

Csenge Advisory Group lessened its holdings in shares of Fiserv, Inc. (NYSE:FI) by 18.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,134 shares of the business services provider’s stock after selling 494 shares during the quarter. Csenge Advisory Group’s holdings in Fiserv were worth $438,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Valley National Advisers Inc. acquired a new position in shares of Fiserv during the 4th quarter worth approximately $29,000. Compass Financial Services Inc bought a new position in Fiserv during the fourth quarter worth $31,000. Kennebec Savings Bank acquired a new position in shares of Fiserv in the third quarter valued at $40,000. Roxbury Financial LLC bought a new position in shares of Fiserv in the fourth quarter valued at about $50,000. Finally, Friedenthal Financial acquired a new stake in shares of Fiserv during the 4th quarter worth about $49,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Trading Up 2.4 %

Shares of FI opened at $236.03 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. Fiserv, Inc. has a 52-week low of $145.98 and a 52-week high of $236.93. The firm has a market cap of $134.28 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 1.52 and a beta of 0.94. The business’s fifty day moving average is $211.33 and its 200-day moving average is $196.66.

Fiserv (NYSE:FI) last issued its earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping 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 anticipate that Fiserv, Inc. will post 10.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on FI. Jefferies Financial Group upped their price target on shares of Fiserv from $195.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Tigress Financial increased their target price on Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. Compass Point started coverage on Fiserv in a research note on Wednesday, November 20th. They issued a “buy” rating and a $278.00 price target for the company. Mizuho increased their price objective on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Susquehanna boosted their target price on shares of Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Fiserv presently has a consensus rating of “Buy” and a consensus target price of $239.83.

About Fiserv

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.