Rothschild Capital Partners LLC Buys New Shares in Fiserv, Inc. (NYSE:FI)

Rothschild Capital Partners LLC acquired a new position in Fiserv, Inc. (NYSE:FI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,540 shares of the business services provider's stock, valued at approximately $316,000.

Other hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. acquired a new position in shares of Fiserv during the 4th quarter worth about $29,000. Marshall Investment Management LLC bought a new position in Fiserv in the 4th quarter worth approximately $29,000. Compass Financial Services Inc acquired a new position in shares of Fiserv during the fourth quarter worth approximately $31,000. Campbell Capital Management Inc. bought a new stake in shares of Fiserv in the fourth quarter valued at approximately $37,000. Finally, Knuff & Co LLC acquired a new stake in shares of Fiserv in the fourth quarter worth $45,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Trading Up 0.2 %

Shares of NYSE:FI traded up $0.36 during mid-day trading on Monday, reaching $177.89. The stock had a trading volume of 4,924,611 shares, compared to its average volume of 2,796,209. The firm has a 50 day simple moving average of $216.08 and a two-hundred day simple moving average of $212.12. Fiserv, Inc. has a twelve month low of $146.25 and a twelve month high of $238.59. The firm has a market cap of $99.36 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86.

Fiserv (NYSE:FI - Get Free Report) last posted its earnings results on Thursday, April 24th. The business services provider reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.06. The company had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.86 billion. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $1.88 earnings per share. On average, research analysts predict that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Fiserv declared that its board has authorized a share repurchase program on Thursday, February 20th that permits the company to buyback 60,000,000 shares. This buyback authorization permits the business services provider to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Insider Activity at Fiserv

In other news, COO Guy Chiarello sold 45,000 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $235.55, for a total transaction of $10,599,750.00. Following the completion of the transaction, the chief operating officer now directly owns 227,711 shares of the company's stock, valued at $53,637,326.05. This represents a 16.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.75% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com started coverage on shares of Fiserv in a research note on Sunday, March 23rd. They set a "buy" rating for the company. Seaport Res Ptn raised Fiserv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th. Barclays cut their target price on shares of Fiserv from $265.00 to $230.00 and set an "overweight" rating for the company in a research note on Monday. Stephens increased their price target on Fiserv from $255.00 to $270.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Finally, UBS Group cut their price objective on Fiserv from $265.00 to $255.00 and set a "buy" rating for the company in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $231.88.

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.