Fiserv, Inc. (NYSE:FI) Shares Bought by Principal Securities Inc.

Principal Securities Inc. lifted its stake in Fiserv, Inc. (NYSE:FI - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,317 shares of the business services provider's stock after purchasing an additional 1,565 shares during the quarter. Principal Securities Inc.'s holdings in Fiserv were worth $5,611,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Valley National Advisers Inc. bought a new stake in Fiserv in the fourth quarter worth about $29,000. Compass Financial Services Inc purchased a new stake in shares of Fiserv in the fourth quarter worth approximately $31,000. Kennebec Savings Bank bought a new stake in shares of Fiserv during the 3rd quarter worth approximately $40,000. Northwest Investment Counselors LLC purchased a new position in Fiserv during the 3rd quarter valued at $44,000. Finally, Friedenthal Financial bought a new position in Fiserv in the 4th quarter valued at $49,000. Institutional investors own 90.98% of the company's stock.

Fiserv Stock Performance

FI stock traded down $1.71 during trading on Thursday, reaching $234.63. The company had a trading volume of 3,688,312 shares, compared to its average volume of 2,738,570. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. Fiserv, Inc. has a twelve month low of $145.98 and a twelve month high of $238.00. The company has a market cap of $133.48 billion, a price-to-earnings ratio of 43.53, a price-to-earnings-growth ratio of 1.53 and a beta of 0.94. The firm has a 50-day simple moving average of $212.66 and a 200-day simple moving average of $197.48.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. As a group, sell-side analysts expect that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FI. Seaport Res Ptn upgraded Fiserv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th. Barclays lifted their price objective on shares of Fiserv from $235.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, February 10th. Oppenheimer upped their target price on shares of Fiserv from $214.00 to $239.00 and gave the stock an "outperform" rating in a research note on Thursday, December 19th. Compass Point initiated coverage on shares of Fiserv in a research note on Wednesday, November 20th. They set a "buy" rating and a $278.00 price target for the company. Finally, Morgan Stanley boosted their price target on Fiserv from $258.00 to $267.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Fiserv currently has an average rating of "Buy" and an average price target of $239.83.

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.