1,492 Shares in Fiserv, Inc. (NYSE:FI) Acquired by Aspiriant LLC

Aspiriant LLC bought a new position in shares of Fiserv, Inc. (NYSE:FI) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,492 shares of the business services provider’s stock, valued at approximately $238,000.

A number of other large investors have also recently modified their holdings of FI. Brookstone Capital Management increased its holdings in Fiserv by 313.1% in the 1st quarter. Brookstone Capital Management now owns 26,760 shares of the business services provider’s stock worth $4,277,000 after purchasing an additional 20,282 shares in the last quarter. RMR Wealth Builders acquired a new position in shares of Fiserv in the first quarter valued at approximately $363,000. Dynamic Advisor Solutions LLC raised its holdings in Fiserv by 5.1% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 8,518 shares of the business services provider’s stock valued at $1,361,000 after buying an additional 413 shares during the last quarter. Gilman Hill Asset Management LLC boosted its position in Fiserv by 0.5% during the 1st quarter. Gilman Hill Asset Management LLC now owns 35,268 shares of the business services provider’s stock worth $5,637,000 after buying an additional 170 shares during the period. Finally, Riverview Trust Co bought a new stake in Fiserv during the 1st quarter worth approximately $157,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Activity at Fiserv

In other Fiserv news, COO Guy Chiarello sold 23,929 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $151.79, for a total value of $3,632,182.91. Following the completion of the transaction, the chief operating officer now owns 163,699 shares in the company, valued at approximately $24,847,871.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP John Gibbons sold 2,800 shares of the business’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $148.76, for a total value of $416,528.00. Following the sale, the executive vice president now directly owns 28,323 shares in the company, valued at approximately $4,213,329.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Guy Chiarello sold 23,929 shares of Fiserv stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $151.79, for a total transaction of $3,632,182.91. Following the completion of the transaction, the chief operating officer now owns 163,699 shares of the company’s stock, valued at approximately $24,847,871.21. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,729 shares of company stock valued at $7,611,991. 0.75% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FI shares. Jefferies Financial Group boosted their price objective on shares of Fiserv from $150.00 to $160.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. StockNews.com raised Fiserv from a “hold” rating to a “buy” rating in a research note on Wednesday. B. Riley increased their target price on shares of Fiserv from $176.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, April 24th. Mizuho boosted their price target on shares of Fiserv from $156.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Finally, Robert W. Baird boosted their target price on shares of Fiserv from $185.00 to $186.00 and gave the company an “outperform” rating in a report on Wednesday, April 24th. Six equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Fiserv presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.44.

Fiserv Trading Up 0.6 %

NYSE FI opened at $149.72 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $87.60 billion, a P/E ratio of 27.99, a PEG ratio of 1.20 and a beta of 0.93. The business has a fifty day simple moving average of $150.71 and a 200 day simple moving average of $146.87. Fiserv, Inc. has a 12 month low of $109.11 and a 12 month high of $159.99.

Fiserv (NYSE:FI) last released its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Fiserv had a net margin of 16.68% and a return on equity of 15.73%. The company had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.57 billion. During the same period last year, the firm earned $1.58 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. On average, analysts predict that Fiserv, Inc. will post 8.69 EPS for the current fiscal year.

About Fiserv

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.