Banque Cantonale Vaudoise Has $174,000 Stock Holdings in Fiserv, Inc. (NYSE:FI)

Banque Cantonale Vaudoise cut its position in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 73.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 967 shares of the business services provider's stock after selling 2,611 shares during the period. Banque Cantonale Vaudoise's holdings in Fiserv were worth $174,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wellington Shields & Co. LLC bought a new stake in shares of Fiserv during the first quarter valued at approximately $25,000. Family Firm Inc. acquired a new position in Fiserv in the second quarter worth $31,000. Clean Yield Group boosted its stake in Fiserv by 431.3% in the third quarter. Clean Yield Group now owns 170 shares of the business services provider's stock worth $31,000 after purchasing an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC boosted its stake in Fiserv by 42.5% in 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 in the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its stake in Fiserv by 95.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 260 shares of the business services provider's stock worth $39,000 after purchasing an additional 127 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

Analysts Set New Price Targets

FI has been the topic of several research reports. StockNews.com raised Fiserv from a "hold" rating to a "buy" rating in a research note on Thursday, September 26th. Royal Bank of Canada upped their price objective on Fiserv from $183.00 to $224.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Robert W. Baird upped their price objective on Fiserv from $186.00 to $200.00 and gave the company an "outperform" rating in a report on Monday, September 23rd. JPMorgan Chase & Co. increased their price target on Fiserv from $199.00 to $227.00 and gave the stock an "overweight" rating in a report on Wednesday, October 23rd. Finally, TD Cowen increased their price target on Fiserv from $200.00 to $230.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Four analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Fiserv presently has a consensus rating of "Moderate Buy" and a consensus target price of $214.29.

Insider Activity at Fiserv

In related news, CAO Kenneth Best sold 20,821 shares of the firm's stock in a transaction on 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 owns 38,771 shares of the company's stock, valued at $8,320,644.31. This trade represents a 34.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Frank Bisignano sold 145,000 shares of Fiserv stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $177.37, for a total value of $25,718,650.00. Following the transaction, the chief executive officer now directly owns 2,965,084 shares in the company, valued at $525,916,949.08. The trade was a 4.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 235,821 shares of company stock valued at $44,299,745 in the last 90 days. 0.75% of the stock is owned by corporate insiders.

Fiserv Stock Performance

Shares of NYSE FI traded up $4.15 during trading hours on Friday, reaching $221.56. 2,876,564 shares of the stock were exchanged, compared to its average volume of 2,440,265. The firm has a market capitalization of $126.05 billion, a price-to-earnings ratio of 42.61, a P/E/G ratio of 1.66 and a beta of 0.92. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07. Fiserv, Inc. has a 52 week low of $125.42 and a 52 week high of $222.05. The stock's fifty day simple moving average is $195.77 and its 200 day simple moving average is $170.75.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $2.30 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.04. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The firm had revenue of $5.22 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter last year, the company earned $1.96 EPS. The company's revenue was up 7.0% on a year-over-year basis. Sell-side analysts predict that Fiserv, Inc. will post 8.77 EPS for the current year.

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.