Dohj LLC Has $847,000 Stock Position in Fiserv, Inc. (NYSE:FI)

Dohj LLC cut its position in Fiserv, Inc. (NYSE:FI) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,123 shares of the business services provider’s stock after selling 246 shares during the period. Dohj LLC’s holdings in Fiserv were worth $847,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings 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 valued at $1,696,341,000 after buying an additional 1,427,664 shares during the last quarter. Sanders Capital LLC bought a new position in shares of Fiserv in the third quarter worth about $764,543,000. Barclays PLC raised its stake in shares of Fiserv by 3.0% in the third quarter. Barclays PLC now owns 1,685,157 shares of the business services provider’s stock worth $302,737,000 after acquiring an additional 48,413 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Fiserv by 0.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,778 shares of the business services provider’s stock worth $236,739,000 after purchasing an additional 4,218 shares in the last quarter. Finally, National Pension Service grew its stake in shares of Fiserv by 9.2% during the third quarter. National Pension Service now owns 1,112,168 shares of the business services provider’s stock valued at $199,801,000 after purchasing an additional 93,508 shares during the last quarter. 90.98% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Kenneth Best sold 20,821 shares of the 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.75% of the company’s stock.

Fiserv Trading Up 0.1 %

NYSE:FI opened at $216.07 on Friday. 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 business’s 50-day simple moving average is $208.72 and its 200-day simple moving average is $190.96. Fiserv, Inc. has a fifty-two week low of $137.13 and a fifty-two week high of $223.23. The stock has a market capitalization of $122.93 billion, a PE ratio of 41.55, a price-to-earnings-growth ratio of 1.39 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FI. The Goldman Sachs Group upped their price objective on Fiserv from $208.00 to $231.00 and gave the stock a “neutral” rating in a report on Tuesday, December 3rd. Wells Fargo & Company upped their price target on Fiserv from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Citigroup lifted their price objective on Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Barclays upped their target price on shares of Fiserv from $185.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Finally, Compass Point began coverage on shares of Fiserv in a research report on Wednesday, November 20th. They set a “buy” rating and a $278.00 price target for the company. Three research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Fiserv has an average 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.