2 weeks Ago By ABMN Staff
Legal & General Group Plc raised its stake in Fiserv, Inc. ( NYSE:FI – Free Report ) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 4,612,789 shares of the business services provider’s stock after buying an additional 85,598 shares during the period. Legal & General Group Plc’s holdings in Fiserv were worth $687,489,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company.
Norden Group LLC purchased a new stake in shares of Fiserv during the first quarter valued at approximately $2,359,000. BlueSpruce Investments LP bought a new stake in shares of Fiserv in the 4th quarter worth about $646,368,000. ORG Partners LLC increased its holdings in shares of Fiserv by 3,016.
0% in the 2nd quarter. ORG Partners LLC now owns 3,303 shares of the business services provider’s stock worth $486,000 after buying an additional 3,197 shares during the last quarter. TD Asset Management Inc purchased a new position in shares of Fiserv during the 4th quarter worth about $39,137,000.
Finally, ZRC Wealth Management LLC purchased a new position in shares of Fiserv during the 1st quarter worth about $32,000. Institutional investors own 90.98% of the company’s stock.
Fiserv Stock Up 0.6 % FI stock opened at $178.41 on Friday.
The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.
85. Fiserv, Inc. has a 1 year low of $109.
11 and a 1 year high of $179.53. The company has a fifty day simple moving average of $167.
88 and a 200 day simple moving average of $157.49. The firm has a market cap of $104.
39 billion, a PE ratio of 33.35, a PEG ratio of 1.45 and a beta of 0.
93. Analyst Upgrades and Downgrades A number of equities analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of Fiserv from $180.
00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 25th. BMO Capital Markets raised their price target on shares of Fiserv from $168.
00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. Royal Bank of Canada increased their price objective on shares of Fiserv from $180.
00 to $183.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. William Blair upgraded shares of Fiserv to a “strong-buy” rating in a research note on Wednesday, July 24th.
Finally, KeyCorp raised their price target on shares of Fiserv from $170.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, July 25th.
Five equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $174.
88. View Our Latest Report on FI Insiders Place Their Bets In other Fiserv news, EVP John Gibbons sold 18,890 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $168.
21, for a total transaction of $3,177,486.90. Following the sale, the executive vice president now directly owns 28,323 shares of the company’s stock, valued at $4,764,211.
83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . In other Fiserv news, EVP John Gibbons sold 18,890 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st.
The shares were 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink .
Also, CEO Frank Bisignano sold 145,000 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $177.37, for a total transaction of $25,718,650.
00. Following the completion of the transaction, the chief executive officer now directly owns 2,965,084 shares in the company, valued at $525,916,949.08.
The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 211,890 shares of company stock valued at $36,572,057. 0.
75% of the stock is currently owned by insiders. Fiserv Profile ( Free Report ) 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.
Recommended Stories Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. ( NYSE:FI – Free Report ).
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter ..
