Value Holdings Management CO. LLC Has $7.19 Million Stake in Fiserv, Inc. (NYSE:FI)

Value Holdings Management CO. LLC grew its position in Fiserv, Inc. (NYSE:FI - Free Report) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,000 shares of the business services provider's stock after acquiring an additional 2,000 shares during the quarter. Fiserv accounts for about 1.3% of Value Holdings Management CO. LLC's holdings, making the stock its 21st largest position. Value Holdings Management CO. LLC's holdings in Fiserv were worth $7,190,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sanders Capital LLC bought a new position in shares of Fiserv during the 3rd quarter worth approximately $764,543,000. FMR LLC raised its stake in Fiserv by 17.8% during the third quarter. FMR LLC now owns 9,442,476 shares of the business services provider's stock worth $1,696,341,000 after acquiring an additional 1,427,664 shares in the last quarter. Maj Invest Holding A S acquired a new stake in shares of Fiserv in the 3rd quarter valued at $172,993,000. Kovitz Investment Group Partners LLC grew its holdings in shares of Fiserv by 788.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider's stock worth $109,700,000 after purchasing an additional 561,377 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its holdings in Fiserv by 1,238.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider's stock valued at $108,488,000 after purchasing an additional 558,774 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

Insiders Place Their Bets

In other Fiserv news, Director Heidi Miller sold 30,000 shares of the stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $201.13, for a total value of $6,033,900.00. Following the completion of the sale, the director now owns 33,235 shares in the company, valued at $6,684,555.55. This trade represents a 47.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the chief accounting officer now owns 38,771 shares of the company's stock, valued at $8,320,644.31. The trade was a 34.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 90,821 shares of company stock worth $18,581,095. Corporate insiders own 0.75% of the company's stock.

Fiserv Trading Up 1.2 %

NYSE:FI traded up $2.41 on Friday, reaching $208.67. The company's stock had a trading volume of 2,579,770 shares, compared to its average volume of 2,085,694. The firm has a market cap of $118.71 billion, a PE ratio of 40.13, a PEG ratio of 1.32 and a beta of 0.94. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07. The business's 50-day moving average price is $209.45 and its two-hundred day moving average price is $187.03. Fiserv, Inc. has a 1-year low of $136.93 and a 1-year high of $223.23.

Fiserv (NYSE:FI - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 EPS for the quarter, topping the consensus estimate of $2.26 by $0.04. The firm had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. The business's quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company posted $1.96 EPS. Equities research analysts anticipate that Fiserv, Inc. will post 8.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. UBS Group raised their price objective on shares of Fiserv from $185.00 to $240.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Tigress Financial lifted their price objective on Fiserv from $190.00 to $244.00 and gave the company a "buy" rating in a research report on Tuesday, October 29th. JPMorgan Chase & Co. increased their target price on Fiserv from $199.00 to $227.00 and gave the stock an "overweight" rating in a report on Wednesday, October 23rd. TD Cowen lifted their price target on Fiserv from $200.00 to $230.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Finally, StockNews.com upgraded shares of Fiserv from a "hold" rating to a "buy" rating in a research report on Thursday, September 26th. Three investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Fiserv presently has a consensus rating of "Moderate Buy" and a consensus target price of $224.00.

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.