Catalina Capital Group LLC Has $444,000 Position in Fiserv, Inc. (NYSE:FI)

Catalina Capital Group LLC increased its stake in shares of Fiserv, Inc. (NYSE:FI) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,160 shares of the business services provider’s stock after purchasing an additional 48 shares during the quarter. Catalina Capital Group LLC’s holdings in Fiserv were worth $444,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FI. Soros Capital Management LLC boosted its position in Fiserv by 71.7% during the 3rd quarter. Soros Capital Management LLC now owns 54,797 shares of the business services provider’s stock worth $9,844,000 after buying an additional 22,884 shares during the period. Czech National Bank lifted its holdings in Fiserv by 5.2% during the 4th quarter. Czech National Bank now owns 123,353 shares of the business services provider’s stock worth $25,339,000 after buying an additional 6,072 shares during the period. Chiron Investment Management LLC bought a new stake in shares of Fiserv in the 3rd quarter valued at about $4,709,000. Trust Co. of Vermont increased its stake in shares of Fiserv by 170.4% in the fourth quarter. Trust Co. of Vermont now owns 6,839 shares of the business services provider’s stock valued at $1,405,000 after buying an additional 4,310 shares during the period. Finally, Cardano Risk Management B.V. bought a new position in shares of Fiserv during the fourth quarter worth about $97,254,000. Institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FI. Royal Bank of Canada increased their target price on shares of Fiserv from $183.00 to $224.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. BMO Capital Markets lifted their target price on shares of Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Barclays increased their price target on Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. UBS Group upped their target price on Fiserv from $185.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Tigress Financial boosted their price target on Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Three equities 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. Based on data from MarketBeat, Fiserv has a consensus rating of “Moderate Buy” and a consensus target price of $224.00.

Insiders Place Their Bets

In other Fiserv 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 transaction of $4,468,394.81. Following the completion of the sale, the chief accounting officer now owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.75% of the company’s stock.

Fiserv Trading Up 0.3 %

Shares of NYSE FI opened at $216.59 on Tuesday. Fiserv, Inc. has a 52-week low of $137.13 and a 52-week high of $223.23. The company has a market cap of $123.22 billion, a PE ratio of 41.65, a P/E/G ratio of 1.42 and a beta of 0.94. The firm’s 50 day moving average price is $208.72 and its 200-day moving average price is $191.43. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07.

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.