AustralianSuper Pty Ltd Boosts Stock Position in Fiserv, Inc. (NYSE:FI)

AustralianSuper Pty Ltd boosted its holdings in shares of Fiserv, Inc. (NYSE:FI) by 26.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,840 shares of the business services provider’s stock after purchasing an additional 2,236 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Fiserv were worth $2,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Valley National Advisers Inc. purchased a new stake in Fiserv during the 4th quarter worth approximately $29,000. Compass Financial Services Inc purchased a new stake in Fiserv during the 4th quarter worth approximately $31,000. Kennebec Savings Bank purchased a new stake in Fiserv during the 3rd quarter worth approximately $40,000. Friedenthal Financial bought a new stake in shares of Fiserv in the 4th quarter valued at approximately $49,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Fiserv in the 3rd quarter valued at approximately $44,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FI shares. Mizuho boosted their price target on Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Compass Point started coverage on Fiserv in a report on Wednesday, November 20th. They issued a “buy” rating and a $278.00 price target for the company. Susquehanna boosted their price target on Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a report on Monday, February 10th. UBS Group boosted their price target on Fiserv from $185.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Citigroup boosted their price objective on Fiserv from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Two 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 stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $239.83.

Fiserv Stock Up 0.4 %

FI opened at $230.85 on Friday. Fiserv, Inc. has a one year low of $145.44 and a one year high of $233.26. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. The stock’s fifty day moving average is $210.77 and its 200-day moving average is $195.72. The company has a market capitalization of $131.34 billion, a PE ratio of 42.83, a P/E/G ratio of 1.52 and a beta of 0.94.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping 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, equities analysts predict that Fiserv, Inc. will post 10.22 EPS for the current fiscal 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.