Barry Investment Advisors LLC Has $2.78 Million Holdings in Fiserv, Inc. (NYSE:FI)

Barry Investment Advisors LLC cut its holdings in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,513 shares of the business services provider's stock after selling 2,493 shares during the quarter. Barry Investment Advisors LLC's holdings in Fiserv were worth $2,776,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FI. Clean Yield Group grew its holdings 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 worth $31,000 after purchasing an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC increased its holdings in Fiserv by 42.5% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider's stock valued at $34,000 after buying an additional 57 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in shares of Fiserv by 95.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 260 shares of the business services provider's stock worth $39,000 after acquiring an additional 127 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Fiserv during the 3rd quarter valued at about $40,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fiserv in the third quarter valued at about $44,000. Institutional investors and hedge funds own 90.98% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FI. The Goldman Sachs Group lifted their price objective on Fiserv from $208.00 to $231.00 and gave the company a "neutral" rating in a report on Tuesday, December 3rd. Tigress Financial lifted their price objective on Fiserv from $190.00 to $244.00 and gave the company a "buy" rating in a report on Tuesday, October 29th. BMO Capital Markets boosted their target price on shares of Fiserv from $222.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Jefferies Financial Group boosted their price target on shares of Fiserv from $195.00 to $200.00 and gave the company a "hold" rating in a research report on Tuesday, October 22nd. Finally, Citigroup raised their price objective on shares of Fiserv from $230.00 to $233.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $224.00.

Insider Buying and Selling

In related news, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the transaction, 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 Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is owned by insiders.

Fiserv Trading Up 1.0 %

FI traded up $2.07 during trading on Wednesday, reaching $213.79. 590,830 shares of the company's stock were exchanged, compared to its average volume of 2,315,602. The company's fifty day moving average price is $208.96 and its 200-day moving average price is $190.20. The firm has a market capitalization of $121.63 billion, a PE ratio of 41.10, a P/E/G ratio of 1.37 and a beta of 0.94. Fiserv, Inc. has a fifty-two week low of $137.13 and a fifty-two week high of $223.23. 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 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.