Muirfield Wealth Advisors LLC Takes Position in Fiserv, Inc. (NYSE:FI)

Muirfield Wealth Advisors LLC bought a new position in Fiserv, Inc. (NYSE:FI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,025 shares of the business services provider’s stock, valued at approximately $211,000.

A number of other large investors have also recently added to or reduced their stakes in FI. Valley National Advisers Inc. acquired a new stake in Fiserv in the 4th quarter valued at approximately $29,000. Clean Yield Group boosted its position in shares of Fiserv by 431.3% in the third quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the period. Cedar Mountain Advisors LLC grew its stake in shares of Fiserv by 42.5% in the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after acquiring an additional 57 shares during the last quarter. Kennebec Savings Bank bought a new position in Fiserv during the third quarter worth $40,000. Finally, Friedenthal Financial acquired a new position in Fiserv during the 4th quarter valued at $49,000. Institutional investors own 90.98% of the company’s stock.

Insider Activity at Fiserv

In other news, CAO Kenneth Best sold 20,821 shares of the business’s 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 sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at $8,320,644.31. The trade was a 34.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.75% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Morgan Stanley lifted their price objective on Fiserv from $220.00 to $258.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Stephens reiterated an “overweight” rating and set a $255.00 price target on shares of Fiserv in a research note on Thursday, January 2nd. JPMorgan Chase & Co. increased their price objective on shares of Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Oppenheimer lifted their target price on shares of Fiserv from $214.00 to $239.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Finally, TD Cowen increased their price target on shares of Fiserv from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Three research 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 company. According to data from MarketBeat.com, Fiserv currently has a consensus rating of “Moderate Buy” and a consensus target price of $224.00.

Fiserv Stock Up 0.1 %

Fiserv stock opened at $216.07 on Monday. Fiserv, Inc. has a fifty-two week low of $137.13 and a fifty-two week high of $223.23. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $122.93 billion, a price-to-earnings ratio of 41.55, a PEG ratio of 1.42 and a beta of 0.94. The company’s 50 day simple moving average is $208.72 and its 200 day simple moving average is $191.43.

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.