Roxbury Financial LLC Buys Shares of 228 Fiserv, Inc. (NYSE:FI)

Roxbury Financial LLC acquired a new position in Fiserv, Inc. (NYSE:FI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 228 shares of the business services provider’s stock, valued at approximately $50,000.

Other institutional investors have also recently made changes to their positions in the company. Soros Capital Management LLC boosted its position in shares of Fiserv by 71.7% in the 3rd quarter. Soros Capital Management LLC now owns 54,797 shares of the business services provider’s stock worth $9,844,000 after purchasing an additional 22,884 shares in the last quarter. Czech National Bank boosted its position in shares of Fiserv by 5.2% in the 4th quarter. Czech National Bank now owns 123,353 shares of the business services provider’s stock worth $25,339,000 after purchasing an additional 6,072 shares in the last quarter. Chiron Investment Management LLC acquired a new stake in Fiserv during the 3rd quarter worth about $4,709,000. Trust Co. of Vermont lifted its position in Fiserv by 170.4% during the 4th quarter. Trust Co. of Vermont now owns 6,839 shares of the business services provider’s stock worth $1,405,000 after acquiring an additional 4,310 shares during the period. Finally, Cardano Risk Management B.V. acquired a new stake in Fiserv during the 4th quarter worth about $97,254,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Up 0.4 %

FI stock opened at $230.85 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. Fiserv, Inc. has a 12-month low of $145.44 and a 12-month high of $233.26. The stock has a market cap of $131.34 billion, a price-to-earnings ratio of 42.83, a PEG ratio of 1.52 and a beta of 0.94. The business’s 50-day moving average is $210.77 and its 200 day moving average is $195.72.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, sell-side analysts anticipate that Fiserv, Inc. will post 10.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FI. TD Cowen lifted their price target on Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company lifted their price target on Fiserv from $240.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Stephens lifted their price target on Fiserv from $255.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. The Goldman Sachs Group lifted their price target on Fiserv from $208.00 to $231.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. Finally, Keefe, Bruyette & Woods lifted their price target on Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $239.83.

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.