Vontobel Holding Ltd. Cuts Stake in Fiserv, Inc. (NYSE:FI)

Vontobel Holding Ltd. lowered its stake in Fiserv, Inc. (NYSE:FI - Free Report) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,127 shares of the business services provider's stock after selling 1,549 shares during the quarter. Vontobel Holding Ltd.'s holdings in Fiserv were worth $8,037,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FI. Catalina Capital Group LLC boosted its stake in shares of Fiserv by 2.3% in the fourth quarter. Catalina Capital Group LLC now owns 2,160 shares of the business services provider's stock worth $444,000 after acquiring an additional 48 shares during the period. Mount Yale Investment Advisors LLC grew its holdings in Fiserv by 1.2% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,126 shares of the business services provider's stock valued at $848,000 after buying an additional 50 shares in the last quarter. Hemington Wealth Management raised its position in shares of Fiserv by 6.1% during the fourth quarter. Hemington Wealth Management now owns 864 shares of the business services provider's stock valued at $177,000 after buying an additional 50 shares during the last quarter. Waypoint Capital Advisors LLC lifted its holdings in shares of Fiserv by 1.7% in the third quarter. Waypoint Capital Advisors LLC now owns 3,118 shares of the business services provider's stock worth $560,000 after buying an additional 51 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Fiserv by 3.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,752 shares of the business services provider's stock worth $360,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target 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. Barclays increased their price target on Fiserv from $235.00 to $265.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Susquehanna lifted their price objective on Fiserv from $230.00 to $270.00 and gave the stock a "positive" rating in a research note on Monday, February 10th. Citigroup increased their target price on Fiserv from $230.00 to $233.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Finally, Stephens boosted their price target on shares of Fiserv from $255.00 to $270.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Fiserv currently has a consensus rating of "Buy" and a consensus target price of $239.83.

Fiserv Stock Down 0.1 %

FI stock traded down $0.16 during trading on Wednesday, hitting $236.13. 2,784,841 shares of the company's stock traded hands, compared to its average volume of 2,704,548. The firm has a market capitalization of $134.34 billion, a P/E ratio of 43.81, a PEG ratio of 1.49 and a beta of 0.94. Fiserv, Inc. has a 1 year low of $145.98 and a 1 year high of $237.13. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $212.02 and a two-hundred day simple moving average of $197.21.

Fiserv (NYSE:FI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. Sell-side analysts anticipate that Fiserv, Inc. will post 10.23 EPS for the current year.

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.