2,130 Shares in Fiserv, Inc. (NYSE:FI) Purchased by Calamos Wealth Management LLC

Calamos Wealth Management LLC purchased a new stake in Fiserv, Inc. (NYSE:FI) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,130 shares of the business services provider’s stock, valued at approximately $438,000.

Other institutional investors also recently bought and sold shares of the company. FMR LLC boosted its stake in shares of Fiserv by 17.8% in 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 during the last quarter. Sanders Capital LLC acquired a new stake in Fiserv during the 3rd quarter worth $764,543,000. Barclays PLC grew its holdings in shares of Fiserv by 3.0% during the third quarter. Barclays PLC now owns 1,685,157 shares of the business services provider’s stock worth $302,737,000 after buying an additional 48,413 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Fiserv by 0.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,778 shares of the business services provider’s stock valued at $236,739,000 after buying an additional 4,218 shares during the last quarter. Finally, National Pension Service lifted its stake in shares of Fiserv by 9.2% in the third quarter. National Pension Service now owns 1,112,168 shares of the business services provider’s stock worth $199,801,000 after buying an additional 93,508 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Trading Down 1.1 %

NYSE FI opened at $214.21 on Wednesday. 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 firm has a market cap of $121.87 billion, a price-to-earnings ratio of 41.19, a PEG ratio of 1.42 and a beta of 0.94. The firm has a 50 day simple moving average of $208.61 and a 200-day simple moving average of $191.84. Fiserv, Inc. has a one year low of $137.13 and a one year high of $223.23.

Insiders Place Their Bets

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the sale, the chief accounting officer now owns 38,771 shares in the company, valued at $8,320,644.31. This represents a 34.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.75% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on FI shares. Susquehanna increased their price objective on shares of Fiserv from $190.00 to $230.00 and gave the company a “positive” rating in a report on Friday, October 18th. Mizuho increased their price target on Fiserv from $183.00 to $222.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada boosted their price objective on Fiserv from $183.00 to $224.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Wells Fargo & Company raised their target price on Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group boosted their price target on shares of Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a research report on Tuesday, December 3rd. Three 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $224.00.

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.