1,748 Shares in Fiserv, Inc. (NYSE:FI) Purchased by Mather Group LLC.

Mather Group LLC. acquired a new position in shares of Fiserv, Inc. (NYSE:FI) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,748 shares of the business services provider’s stock, valued at approximately $232,000.

Other hedge funds have also added to or reduced their stakes in the company. Meritage Portfolio Management purchased a new stake in Fiserv in the 4th quarter worth about $995,000. Piscataqua Savings Bank purchased a new position in shares of Fiserv in the fourth quarter worth about $67,000. GHP Investment Advisors Inc. bought a new stake in shares of Fiserv in the fourth quarter valued at approximately $78,000. Liberty Capital Management Inc. purchased a new stake in shares of Fiserv during the 4th quarter valued at approximately $7,071,000. Finally, Birch Hill Investment Advisors LLC bought a new position in Fiserv in the 4th quarter worth approximately $84,583,000. Institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FI shares. Barclays boosted their target price on shares of Fiserv from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, April 1st. Morgan Stanley increased their price objective on Fiserv from $133.00 to $142.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 7th. BNP Paribas raised Fiserv from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 10th. TD Cowen increased their price target on shares of Fiserv from $167.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Finally, Robert W. Baird boosted their price objective on shares of Fiserv from $185.00 to $186.00 and gave the company an “outperform” rating in a research note on Wednesday, April 24th. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.33.

Insider Activity

In other Fiserv news, COO Guy Chiarello sold 63,646 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $154.00, for a total value of $9,801,484.00. Following the sale, the chief operating officer now owns 163,699 shares of the company’s stock, valued at approximately $25,209,646. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 111,575 shares of company stock valued at $17,022,387. 0.75% of the stock is currently owned by company insiders.

Fiserv Price Performance

Shares of NYSE:FI opened at $149.22 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.81. The stock has a market cap of $87.31 billion, a PE ratio of 27.89, a PEG ratio of 1.20 and a beta of 0.92. The company’s fifty day moving average is $152.77 and its 200 day moving average is $138.79. Fiserv, Inc. has a 52 week low of $109.11 and a 52 week high of $159.99.

Fiserv (NYSE:FI) last released its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $1.88 EPS for the quarter, topping the consensus estimate of $1.77 by $0.11. The firm had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.57 billion. Fiserv had a return on equity of 15.73% and a net margin of 16.68%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.58 earnings per share. Research analysts anticipate that Fiserv, Inc. will post 8.69 earnings per share for the current year.

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.