USAdvisors Wealth Management LLC Makes New Investment in Fiserv, Inc. (NYSE:FI)

USAdvisors Wealth Management LLC bought a new stake in shares of Fiserv, Inc. (NYSE:FI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,572 shares of the business services provider's stock, valued at approximately $322,000.

A number of other institutional investors have also recently bought and sold shares of FI. Clean Yield Group lifted its position in shares of Fiserv by 431.3% in the third quarter. Clean Yield Group now owns 170 shares of the business services provider's stock worth $31,000 after buying an additional 138 shares during the last quarter. Cedar Mountain Advisors LLC raised its position in shares of Fiserv by 42.5% in the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider's stock valued at $34,000 after purchasing an additional 57 shares during the period. Newbridge Financial Services Group Inc. lifted its stake in shares of Fiserv by 95.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 260 shares of the business services provider's stock worth $39,000 after buying an additional 127 shares during the last quarter. Kennebec Savings Bank bought a new stake in shares of Fiserv during the 3rd quarter worth $40,000. Finally, Northwest Investment Counselors LLC acquired a new position in Fiserv in the 3rd quarter valued at $44,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Trading Up 2.2 %

Shares of NYSE FI traded up $4.77 during midday trading on Thursday, reaching $217.28. 1,042,438 shares of the stock were exchanged, compared to its average volume of 2,432,219. Fiserv, Inc. has a 12 month low of $137.13 and a 12 month high of $223.23. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $123.61 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 1.37 and a beta of 0.94. The business has a 50-day simple moving average of $208.86 and a two-hundred day simple moving average of $190.36.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FI shares. BMO Capital Markets raised their price objective on shares of Fiserv from $222.00 to $232.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. Compass Point assumed coverage on Fiserv in a research note on Wednesday, November 20th. They issued a "buy" rating and a $278.00 price target on the stock. Seaport Res Ptn upgraded Fiserv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th. JPMorgan Chase & Co. boosted their target price 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, Tigress Financial lifted their target price on shares of Fiserv from $190.00 to $244.00 and gave the company a "buy" rating in a research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Fiserv presently has an average rating of "Moderate Buy" and an average target price of $224.00.

Insider Transactions at Fiserv

In related news, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction dated 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 completion of the sale, the chief accounting officer now owns 38,771 shares of the company's stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.75% of the company's stock.

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.