YHB Investment Advisors Inc. Purchases Shares of 1,125 Fiserv, Inc. (NYSE:FI)

YHB Investment Advisors Inc. acquired a new stake in Fiserv, Inc. (NYSE:FI) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,125 shares of the business services provider’s stock, valued at approximately $202,000.

Several other large investors also recently modified their holdings of the stock. Wellington Shields & Co. LLC bought a new position in Fiserv in the 1st quarter valued at about $25,000. Clean Yield Group grew its position in shares of Fiserv by 431.3% in the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. Cedar Mountain Advisors LLC increased its stake in shares of Fiserv by 42.5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after purchasing an additional 57 shares during the period. ZRC Wealth Management LLC acquired a new stake in Fiserv during the 1st quarter worth approximately $32,000. Finally, Family Firm Inc. bought a new stake in Fiserv in the 2nd quarter valued at $31,000. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Up 0.4 %

Shares of NYSE:FI opened at $203.26 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a 52-week low of $111.53 and a 52-week high of $204.50. The company has a market capitalization of $118.93 billion, a PE ratio of 37.99, a price-to-earnings-growth ratio of 1.44 and a beta of 0.93. The company has a fifty day moving average of $179.29 and a 200-day moving average of $162.09.

Fiserv (NYSE:FI) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 EPS 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 firm had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period last year, the company earned $1.96 earnings per share. The business’s quarterly revenue was up 7.0% on a year-over-year basis. On average, equities analysts predict that Fiserv, Inc. will post 8.74 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Doyle Simons sold 40,000 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the completion of the transaction, the director now owns 76,180 shares of the company’s stock, valued at approximately $15,386,074.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP John Gibbons sold 18,890 shares of Fiserv stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at $4,764,211.83. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Doyle Simons sold 40,000 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the sale, the director now directly owns 76,180 shares of the company’s stock, valued at $15,386,074.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 227,890 shares of company stock valued at $40,934,217 in the last ninety days. 0.75% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FI shares. BTIG Research initiated coverage on Fiserv in a report on Wednesday, August 28th. They set a “buy” rating and a $200.00 target price for the company. TD Cowen lifted their price objective on shares of Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday. KeyCorp raised their target price on shares of Fiserv from $180.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday. Citigroup boosted their price target on Fiserv from $187.00 to $226.00 in a research note on Tuesday. Finally, Barclays raised their price objective on Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Four investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Fiserv currently has an average rating of “Moderate Buy” and a consensus price target 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.