Wilkinson Global Asset Management LLC Takes Position in Fiserv, Inc. (NYSE:FI)

Wilkinson Global Asset Management LLC bought a new position in shares of Fiserv, Inc. (NYSE:FI) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,065 shares of the business services provider’s stock, valued at approximately $219,000.

Other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. purchased a new position in Fiserv in the 4th quarter valued at about $29,000. Compass Financial Services Inc acquired a new position in shares of Fiserv in the fourth quarter worth about $31,000. Kennebec Savings Bank acquired a new stake in Fiserv during the third quarter valued at approximately $40,000. Northwest Investment Counselors LLC bought a new position in Fiserv during the 3rd quarter worth approximately $44,000. Finally, Friedenthal Financial acquired a new position in shares of Fiserv in the 4th quarter worth approximately $49,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

FI opened at $236.03 on Wednesday. The business has a fifty day simple moving average of $212.02 and a 200-day simple moving average of $197.21. The firm has a market cap of $134.28 billion, a PE ratio of 43.79, a P/E/G ratio of 1.49 and a beta of 0.94. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86. Fiserv, Inc. has a fifty-two week low of $145.98 and a fifty-two week high of $236.93.

Fiserv (NYSE:FI) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. As a group, equities analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on FI shares. Tigress Financial raised their price objective on Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. UBS Group raised their price target on shares of Fiserv from $185.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Stephens boosted their price objective on Fiserv from $255.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. TD Cowen increased their price objective on Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Barclays lifted their target price on Fiserv from $235.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $239.83.

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.