Fiserv, Inc. (NYSE:FI) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its holdings in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 6.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,416 shares of the business services provider's stock after selling 3,353 shares during the period. Hantz Financial Services Inc.'s holdings in Fiserv were worth $9,535,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Clean Yield Group boosted its stake in Fiserv by 431.3% in 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 during the period. Cedar Mountain Advisors LLC boosted its position 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 valued at $34,000 after acquiring an additional 57 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position 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 valued at $39,000 after acquiring an additional 127 shares during the last quarter. Kennebec Savings Bank bought a new position in shares of Fiserv during the 3rd quarter valued at approximately $40,000. Finally, Northwest Investment Counselors LLC purchased a new position in Fiserv during the third quarter worth $44,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Trading Up 2.0 %

Fiserv stock traded up $4.30 during midday trading on Thursday, hitting $216.81. 501,722 shares of the stock were exchanged, compared to its average volume of 2,402,121. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. The stock's 50-day simple moving average is $208.86 and its 200 day simple moving average is $190.36. Fiserv, Inc. has a fifty-two week low of $137.13 and a fifty-two week high of $223.23. The stock has a market capitalization of $123.35 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 1.37 and a beta of 0.94.

Insider Activity

In other news, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the transaction, the chief accounting officer now owns 38,771 shares in the company, valued at approximately $8,320,644.31. This trade represents a 34.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.75% of the company's stock.

Analyst Upgrades and Downgrades

FI has been the subject of several recent analyst reports. Royal Bank of Canada lifted their price objective on shares of Fiserv from $183.00 to $224.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Fiserv from $199.00 to $227.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 23rd. Seaport Res Ptn raised shares of Fiserv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th. Jefferies Financial Group lifted their target price on Fiserv from $195.00 to $200.00 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. Finally, TD Cowen lifted their price objective on Fiserv from $200.00 to $230.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Three equities 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 company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $224.00.

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.