Cardano Risk Management B.V. Takes Position in Fiserv, Inc. (NYSE:FI)

Cardano Risk Management B.V. purchased a new stake in Fiserv, Inc. (NYSE:FI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 473,442 shares of the business services provider's stock, valued at approximately $97,254,000. Fiserv comprises about 1.5% of Cardano Risk Management B.V.'s holdings, making the stock its 21st biggest holding. Cardano Risk Management B.V. owned approximately 0.08% of Fiserv as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Capital Investment Advisors LLC lifted its position in shares of Fiserv by 4.9% during the 4th quarter. Capital Investment Advisors LLC now owns 4,906 shares of the business services provider's stock worth $1,008,000 after buying an additional 229 shares in the last quarter. Trust Co. of Toledo NA OH boosted its position in Fiserv by 8.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 1,902 shares of the business services provider's stock worth $391,000 after purchasing an additional 156 shares during the last quarter. Czech National Bank grew its stake in Fiserv by 5.2% in the 4th quarter. Czech National Bank now owns 123,353 shares of the business services provider's stock valued at $25,339,000 after purchasing an additional 6,072 shares during the period. Heartwood Wealth Advisors LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $205,000. Finally, Worth Asset Management LLC bought a new stake in shares of Fiserv during the 4th quarter worth $2,226,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

NYSE FI traded up $1.12 on Monday, reaching $201.63. 1,918,064 shares of the company's stock traded hands, compared to its average volume of 2,234,365. The stock has a market cap of $114.71 billion, a PE ratio of 38.78, a P/E/G ratio of 1.56 and a beta of 0.94. 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, Inc. has a 12 month low of $135.97 and a 12 month high of $223.23. The stock has a 50-day simple moving average of $209.64 and a 200 day simple moving average of $185.31.

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

Wall Street Analyst Weigh In

FI has been the subject of a number of research analyst reports. Mizuho raised their price objective on shares of Fiserv from $183.00 to $222.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. The Goldman Sachs Group upped their price target on Fiserv from $208.00 to $231.00 and gave the company a "neutral" rating in a research report on Tuesday, December 3rd. Morgan Stanley lifted their price objective on Fiserv from $220.00 to $258.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. upped their price target on shares of Fiserv from $199.00 to $227.00 and gave the company an "overweight" rating in a research note on Wednesday, October 23rd. Finally, StockNews.com upgraded shares of Fiserv from a "hold" rating to a "buy" rating in a research note on Thursday, September 26th. Three investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Fiserv presently has a consensus rating of "Moderate Buy" and a consensus target price of $222.88.

Insider Transactions at Fiserv

In related news, Director Doyle Simons sold 40,000 shares of the firm's stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total value of $8,078,800.00. Following the sale, the director now directly owns 76,180 shares of the company's stock, valued at $15,386,074.60. This trade represents a 34.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Heidi Miller sold 30,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total value of $6,033,900.00. Following the completion of the sale, the director now owns 33,235 shares of the company's stock, valued at approximately $6,684,555.55. This trade represents a 47.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 90,821 shares of company stock worth $18,581,095. Company insiders own 0.75% of the company's stock.

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.