Fiserv, Inc. (NYSE:FI) Shares Sold by Buckhead Capital Management LLC

Buckhead Capital Management LLC decreased its position in shares of Fiserv, Inc. (NYSE:FI) by 0.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 35,746 shares of the business services provider’s stock after selling 272 shares during the period. Fiserv accounts for about 2.3% of Buckhead Capital Management LLC’s holdings, making the stock its 6th largest position. Buckhead Capital Management LLC’s holdings in Fiserv were worth $7,343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning lifted its holdings in Fiserv by 4.7% during the 3rd quarter. Creative Planning now owns 148,405 shares of the business services provider’s stock worth $26,661,000 after buying an additional 6,649 shares in the last quarter. SeaCrest Wealth Management LLC boosted its holdings in Fiserv by 13.8% in the third quarter. SeaCrest Wealth Management LLC now owns 1,715 shares of the business services provider’s stock valued at $308,000 after purchasing an additional 208 shares during the period. Vontobel Holding Ltd. grew its stake in Fiserv by 0.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 40,676 shares of the business services provider’s stock worth $7,307,000 after purchasing an additional 170 shares in the last quarter. Wolff Wiese Magana LLC grew its stake in Fiserv by 904.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 251 shares of the business services provider’s stock worth $45,000 after purchasing an additional 226 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC increased its holdings in Fiserv by 5.1% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 8,024 shares of the business services provider’s stock worth $1,442,000 after purchasing an additional 389 shares during the period. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Trading Up 1.0 %

NYSE FI opened at $229.93 on Friday. The firm’s fifty day moving average is $209.78 and its two-hundred day moving average is $195.00. Fiserv, Inc. has a one year low of $142.98 and a one year high of $233.26. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. The firm has a market cap of $130.81 billion, a PE ratio of 42.66, a P/E/G ratio of 1.52 and a beta of 0.94.

Fiserv (NYSE:FI) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, topping 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%. Analysts expect that Fiserv, Inc. will post 10.22 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Barclays boosted their price objective on Fiserv from $235.00 to $265.00 and gave the stock an “overweight” rating in a research report on Monday. Compass Point assumed coverage on shares of Fiserv in a report on Wednesday, November 20th. They set a “buy” rating and a $278.00 price target for the company. The Goldman Sachs Group raised their price objective on shares of Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a report on Tuesday, December 3rd. Citigroup lifted their price objective on shares of Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Finally, Tigress Financial raised their price target on Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Two research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently 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.