Windward Capital Management Co. CA Lowers Position in Fiserv, Inc. (NYSE:FI)

Windward Capital Management Co. CA reduced its position in Fiserv, Inc. (NYSE:FI) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 209,487 shares of the business services provider’s stock after selling 2,335 shares during the quarter. Fiserv makes up 3.3% of Windward Capital Management Co. CA’s portfolio, making the stock its 8th largest holding. Windward Capital Management Co. CA’s holdings in Fiserv were worth $43,033,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Soros Capital Management LLC boosted its stake in Fiserv by 71.7% in the 3rd quarter. Soros Capital Management LLC now owns 54,797 shares of the business services provider’s stock valued at $9,844,000 after buying an additional 22,884 shares in the last quarter. Czech National Bank boosted its stake 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 valued at $25,339,000 after purchasing an additional 6,072 shares in the last quarter. Chiron Investment Management LLC bought a new stake in shares of Fiserv in the 3rd quarter worth about $4,709,000. Trust Co. of Vermont increased its position in shares of 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 purchasing an additional 4,310 shares in the last quarter. Finally, Cardano Risk Management B.V. bought a new position in Fiserv during the 4th quarter valued at about $97,254,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of 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 stock has a 50 day moving average price of $208.61 and a 200 day moving average price of $191.84. The stock has a market capitalization of $121.87 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. Fiserv, Inc. has a 52 week low of $137.13 and a 52 week high of $223.23.

Insider Transactions at Fiserv

In related news, CAO Kenneth Best sold 20,821 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at approximately $8,320,644.31. This trade represents a 34.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FI shares. TD Cowen raised their price target on Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. UBS Group upped their price objective on Fiserv from $185.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Citigroup upped their price target on Fiserv from $230.00 to $233.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. 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 report on Monday, November 18th. Finally, The Goldman Sachs Group increased 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 equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $224.00.

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.