710 Shares in Fiserv, Inc. (NYSE:FI) Acquired by Bank of New Hampshire

Bank of New Hampshire purchased a new position in shares of Fiserv, Inc. (NYSE:FI) during the fourth quarter, Holdings Channel reports. The firm purchased 710 shares of the business services provider’s stock, valued at approximately $94,000.

A number of other large investors have also added to or reduced their stakes in FI. Apeiron RIA LLC lifted its position in Fiserv by 2.9% in the 3rd quarter. Apeiron RIA LLC now owns 3,217 shares of the business services provider’s stock valued at $363,000 after acquiring an additional 90 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of Fiserv by 4.0% in the 3rd quarter. Brighton Jones LLC now owns 2,385 shares of the business services provider’s stock worth $269,000 after purchasing an additional 92 shares during the period. Jacobi Capital Management LLC raised its holdings in shares of Fiserv by 0.9% in the 3rd quarter. Jacobi Capital Management LLC now owns 10,099 shares of the business services provider’s stock worth $1,141,000 after purchasing an additional 94 shares during the period. UniSuper Management Pty Ltd raised its holdings in shares of Fiserv by 2.3% in the 3rd quarter. UniSuper Management Pty Ltd now owns 4,500 shares of the business services provider’s stock worth $508,000 after purchasing an additional 100 shares during the period. Finally, Hollencrest Capital Management raised its holdings in shares of Fiserv by 75.8% in the 3rd quarter. Hollencrest Capital Management now owns 232 shares of the business services provider’s stock worth $26,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of Fiserv from $167.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday. Oppenheimer upgraded shares of Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 price objective for the company in a research note on Thursday, January 11th. Susquehanna boosted their price target on shares of Fiserv from $175.00 to $180.00 and gave the company a “positive” rating in a research report on Monday, March 25th. UBS Group boosted their price target on shares of Fiserv from $170.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Barclays boosted their price target on shares of Fiserv from $165.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat, Fiserv presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.33.

Fiserv Trading Up 0.7 %

Shares of NYSE:FI traded up $1.04 during midday trading on Thursday, hitting $153.29. 3,049,942 shares of the stock traded hands, compared to its average volume of 2,557,856. The stock has a market capitalization of $90.25 billion, a PE ratio of 28.46, a P/E/G ratio of 1.27 and a beta of 0.91. The business’s 50 day moving average is $152.28 and its two-hundred day moving average is $137.34. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.81. Fiserv, Inc. has a one year low of $109.11 and a one year high of $159.99.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $1.88 EPS for the quarter, beating the consensus estimate of $1.77 by $0.11. Fiserv had a net margin of 16.68% and a return on equity of 15.73%. The firm had revenue of $4.88 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same period in the prior year, the firm posted $1.58 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, research analysts forecast that Fiserv, Inc. will post 8.63 earnings per share for the current year.

Insider Activity at Fiserv

In related news, COO Guy Chiarello sold 24,000 shares of the business’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $149.53, for a total transaction of $3,588,720.00. Following the transaction, the chief operating officer now owns 163,699 shares in the company, valued at $24,477,911.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 111,575 shares of company stock worth $17,022,387 over the last 90 days. 0.75% of the stock is owned by company insiders.

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.