CVA Family Office LLC Buys Shares of 2,540 Fiserv, Inc. (NYSE:FI)

CVA Family Office LLC bought a new stake in shares of Fiserv, Inc. (NYSE:FIFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,540 shares of the business services provider’s stock, valued at approximately $337,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moody National Bank Trust Division grew its stake in Fiserv by 25.2% during the 3rd quarter. Moody National Bank Trust Division now owns 17,431 shares of the business services provider’s stock valued at $1,969,000 after acquiring an additional 3,507 shares in the last quarter. Wesbanco Bank Inc. bought a new stake in shares of Fiserv in the 3rd quarter valued at approximately $767,000. Legal Advantage Investments Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at approximately $8,837,000. Citigroup Inc. grew its stake in shares of Fiserv by 59.5% in the 3rd quarter. Citigroup Inc. now owns 1,188,274 shares of the business services provider’s stock valued at $134,227,000 after buying an additional 443,117 shares in the last quarter. Finally, Graham Capital Management L.P. grew its stake in shares of Fiserv by 881.0% in the 2nd quarter. Graham Capital Management L.P. now owns 72,973 shares of the business services provider’s stock valued at $9,206,000 after buying an additional 65,534 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Transactions at Fiserv

In other news, EVP Suzan Kereere sold 1,633 shares of the firm’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $132.88, for a total transaction of $216,993.04. Following the sale, the executive vice president now owns 47,792 shares of the company’s stock, valued at $6,350,600.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Fiserv news, COO Guy Chiarello sold 63,646 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $154.00, for a total value of $9,801,484.00. Following the completion of the transaction, the chief operating officer now directly owns 163,699 shares in the company, valued at $25,209,646. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Suzan Kereere sold 1,633 shares of the firm’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $132.88, for a total value of $216,993.04. Following the completion of the transaction, the executive vice president now owns 47,792 shares of the company’s stock, valued at $6,350,600.96. The disclosure for this sale can be found here. Insiders have sold a total of 277,367 shares of company stock valued at $38,579,641 over the last 90 days. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently commented on FI. BMO Capital Markets boosted their price target on Fiserv from $152.00 to $157.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. Truist Financial boosted their target price on Fiserv from $140.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. BNP Paribas upgraded Fiserv from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 10th. Barclays boosted their target price on Fiserv from $150.00 to $165.00 and gave the stock an “overweight” rating in a report on Monday, February 12th. 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 analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $153.04.

Check Out Our Latest Analysis on FI

Fiserv Trading Down 0.0 %

Shares of FI opened at $156.29 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.73. Fiserv, Inc. has a 12-month low of $109.11 and a 12-month high of $157.33. The firm has a market capitalization of $92.27 billion, a PE ratio of 31.26, a price-to-earnings-growth ratio of 1.27 and a beta of 0.91. The stock’s fifty day simple moving average is $146.50 and its 200-day simple moving average is $131.51.

Fiserv (NYSE:FIGet Free Report) last released its earnings results on Tuesday, February 6th. The business services provider reported $2.19 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.04. The firm had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.68 billion. Fiserv had a return on equity of 15.16% and a net margin of 16.07%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.91 earnings per share. As a group, research analysts predict that Fiserv, Inc. will post 8.63 earnings per share for the current year.

Fiserv Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NYSE:FIFree Report).

Institutional Ownership by Quarter for Fiserv (NYSE:FI)

Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.