Builder Investment Group Inc. ADV Has $10.93 Million Position in Fiserv, Inc. (NYSE:FI)

Builder Investment Group Inc. ADV decreased its holdings in shares of Fiserv, Inc. (NYSE:FI) by 0.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,186 shares of the business services provider’s stock after selling 51 shares during the period. Fiserv makes up 3.0% of Builder Investment Group Inc. ADV’s portfolio, making the stock its 6th biggest holding. Builder Investment Group Inc. ADV’s holdings in Fiserv were worth $10,925,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Sanders Capital LLC purchased a new stake in Fiserv during the third quarter valued at about $764,543,000. FMR LLC lifted its stake in Fiserv by 17.8% during the third quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after buying an additional 1,427,664 shares in the last quarter. Maj Invest Holding A S purchased a new stake in Fiserv during the third quarter valued at about $172,993,000. Kovitz Investment Group Partners LLC lifted its stake in Fiserv by 788.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock valued at $109,700,000 after buying an additional 561,377 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in Fiserv by 1,238.6% during the third quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock valued at $108,488,000 after buying an additional 558,774 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FI. Oppenheimer increased their price target on shares of Fiserv from $214.00 to $239.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. BMO Capital Markets increased their price target on shares of Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. TD Cowen increased their price target on shares of Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Tigress Financial increased their price target on shares of Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Finally, Barclays increased their price target on shares of Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Three investment 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $223.17.

Insider Transactions at Fiserv

In related news, Director Doyle Simons sold 40,000 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total value of $8,078,800.00. Following the completion of the transaction, the director now directly owns 76,180 shares of the company’s stock, valued at $15,386,074.60. This trade represents a 34.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kenneth Best sold 20,821 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the transaction, the chief accounting officer now directly owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. This trade represents a 34.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 90,821 shares of company stock worth $18,581,095. Insiders own 0.75% of the company’s stock.

Fiserv Trading Down 0.2 %

Shares of FI stock opened at $204.12 on Thursday. Fiserv, Inc. has a 12 month low of $135.97 and a 12 month high of $223.23. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average is $209.69 and its two-hundred day moving average is $186.07. The company has a market cap of $116.13 billion, a PE ratio of 39.25, a price-to-earnings-growth ratio of 1.32 and a beta of 0.94.

Fiserv (NYSE:FI) last announced its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.04. The business had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. Fiserv’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.96 earnings per share. Equities analysts predict that Fiserv, Inc. will post 8.77 EPS for the current year.

About Fiserv

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.