Moody Lynn & Lieberson LLC Acquires 905 Shares of Fiserv, Inc. (NYSE:FI)

Moody Lynn & Lieberson LLC increased its holdings in Fiserv, Inc. (NYSE:FI) by 26.0% in the 3rd quarter, Holdings Channel reports. The fund owned 4,385 shares of the business services provider’s stock after buying an additional 905 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Fiserv were worth $788,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Wellington Management Group LLP purchased a new position in shares of Fiserv during the fourth quarter valued at approximately $3,292,000. Dynamic Advisor Solutions LLC increased its position in Fiserv by 5.1% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 8,518 shares of the business services provider’s stock valued at $1,361,000 after buying an additional 413 shares in the last quarter. Brookstone Capital Management increased its position in Fiserv by 313.1% during the 1st quarter. Brookstone Capital Management now owns 26,760 shares of the business services provider’s stock valued at $4,277,000 after buying an additional 20,282 shares in the last quarter. Aspiriant LLC purchased a new position in Fiserv during the first quarter valued at $238,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in Fiserv in the first quarter worth $254,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv Trading Up 0.4 %

Shares of Fiserv stock opened at $203.26 on Friday. Fiserv, Inc. has a 1-year low of $111.53 and a 1-year high of $204.50. The company’s fifty day simple moving average is $179.29 and its 200-day simple moving average is $162.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $118.93 billion, a PE ratio of 37.99, a P/E/G ratio of 1.44 and a beta of 0.93.

Fiserv (NYSE:FI) last released its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.04. Fiserv had a return on equity of 16.41% and a net margin of 17.45%. The company had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the previous year, the business earned $1.96 earnings per share. Fiserv’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts anticipate that Fiserv, Inc. will post 8.74 earnings per share for the current year.

Insider Activity

In related news, EVP John Gibbons sold 18,890 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $168.21, for a total value of $3,177,486.90. Following the completion of the sale, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at approximately $4,764,211.83. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Frank Bisignano sold 145,000 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $177.37, for a total value of $25,718,650.00. Following the transaction, the chief executive officer now directly owns 2,965,084 shares in the company, valued at $525,916,949.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John Gibbons sold 18,890 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $168.21, for a total value of $3,177,486.90. Following the completion of the transaction, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at approximately $4,764,211.83. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 227,890 shares of company stock valued at $40,934,217 in the last ninety days. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FI shares. Morgan Stanley raised their price target on Fiserv from $177.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. BTIG Research initiated coverage on shares of Fiserv in a report on Wednesday, August 28th. They issued a “buy” rating and a $200.00 target price for the company. Barclays increased their price target on shares of Fiserv from $185.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. KeyCorp boosted their price objective on shares of Fiserv from $180.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, StockNews.com upgraded Fiserv from a “hold” rating to a “buy” rating in a research note on Thursday, September 26th. Four research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $202.08.

Fiserv Company 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.