Davidson Capital Management Inc. Has $4.13 Million Holdings in Fiserv, Inc. (NYSE:FI)

Davidson Capital Management Inc. boosted its position in shares of Fiserv, Inc. (NYSE:FI) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,103 shares of the business services provider’s stock after purchasing an additional 106 shares during the period. Fiserv comprises 1.1% of Davidson Capital Management Inc.’s holdings, making the stock its 13th largest position. Davidson Capital Management Inc.’s holdings in Fiserv were worth $4,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanders Capital LLC bought a new position in Fiserv in the third quarter valued at $764,543,000. FMR LLC boosted its stake in shares of Fiserv by 17.8% during the 3rd quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock worth $1,696,341,000 after buying an additional 1,427,664 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Fiserv by 788.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock valued at $109,700,000 after acquiring an additional 561,377 shares in the last quarter. Mizuho Securities USA LLC increased its position in shares of Fiserv by 1,238.6% in 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 acquiring an additional 558,774 shares during the last quarter. Finally, Cardano Risk Management B.V. acquired a new stake in shares of Fiserv in the fourth quarter valued at about $97,254,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Down 0.3 %

Shares of FI stock opened at $229.97 on Wednesday. The stock has a market cap of $130.84 billion, a P/E ratio of 42.67, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. Fiserv, Inc. has a 1 year low of $142.47 and a 1 year high of $233.26. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. The stock has a 50 day simple moving average of $209.25 and a 200 day simple moving average of $194.28.

Fiserv (NYSE:FI) last released its earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, research analysts predict that Fiserv, Inc. will post 10.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Citigroup upped their price target on shares of Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Susquehanna raised their target price on shares of Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a research note on Monday. Stephens lifted their price target on Fiserv from $255.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. TD Cowen upped their price objective on Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Mizuho lifted their target price on Fiserv from $183.00 to $222.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Two 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 company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $239.83.

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.