B. Metzler seel. Sohn & Co. Holding AG Makes New $5.40 Million Investment in Fiserv, Inc. (NYSE:FI)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Fiserv, Inc. (NYSE:FI - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 30,045 shares of the business services provider's stock, valued at approximately $5,398,000.

Other large investors have also recently made changes to their positions in the company. Wellington Shields & Co. LLC acquired a new stake in Fiserv during the first quarter worth approximately $25,000. Clean Yield Group increased its stake in shares of Fiserv by 431.3% during the 3rd quarter. Clean Yield Group now owns 170 shares of the business services provider's stock valued at $31,000 after acquiring an additional 138 shares during the last quarter. Cedar Mountain Advisors LLC grew its holdings in shares of Fiserv by 42.5% during the 3rd 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. Family Firm Inc. purchased a new position in Fiserv in the 2nd quarter worth approximately $31,000. Finally, Kennebec Savings Bank acquired a new position in shares of Fiserv in the 3rd quarter valued at approximately $40,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on FI shares. BMO Capital Markets lifted their target price on Fiserv from $222.00 to $232.00 and gave the stock an "outperform" rating in a report on Monday. StockNews.com upgraded Fiserv from a "hold" rating to a "buy" rating in a research report on Thursday, September 26th. Susquehanna upped their price objective on Fiserv from $190.00 to $230.00 and gave the company a "positive" rating in a report on Friday, October 18th. Jefferies Financial Group increased their price target on Fiserv from $195.00 to $200.00 and gave the company a "hold" rating in a research report on Tuesday, October 22nd. Finally, Mizuho lifted their price target on Fiserv from $183.00 to $222.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $214.29.

Fiserv Price Performance

FI stock traded up $2.82 during mid-day trading on Wednesday, hitting $217.94. 2,785,603 shares of the stock were exchanged, compared to its average volume of 2,477,269. The stock has a market capitalization of $123.99 billion, a price-to-earnings ratio of 41.91, a PEG ratio of 1.61 and a beta of 0.92. Fiserv, Inc. has a 12 month low of $124.11 and a 12 month high of $218.18. The business has a fifty day moving average price of $193.96 and a 200 day moving average price of $169.92. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07.

Fiserv (NYSE:FI - Get Free Report) last released its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.04. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The company had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the previous year, the business earned $1.96 earnings per share. Fiserv's quarterly revenue was up 7.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Fiserv, Inc. will post 8.77 EPS for the current year.

Insiders Place Their Bets

In related news, Director Doyle Simons sold 40,000 shares of the business's stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $201.97, for a total value of $8,078,800.00. Following the completion of the sale, the director now directly owns 76,180 shares of the company's stock, valued at $15,386,074.60. The trade was a 34.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Kenneth Best sold 20,821 shares of the business's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at approximately $8,320,644.31. This represents a 34.94 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 235,821 shares of company stock valued at $44,299,745. Company insiders own 0.75% of the company's stock.

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.