Robinson Value Management Ltd. Has $3.69 Million Stock Position in Fiserv, Inc. (NYSE:FI)

Robinson Value Management Ltd. lessened its holdings in Fiserv, Inc. (NYSE:FI) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,945 shares of the business services provider’s stock after selling 533 shares during the period. Fiserv comprises 2.4% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 14th biggest holding. Robinson Value Management Ltd.’s holdings in Fiserv were worth $3,686,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Valley National Advisers Inc. purchased a new stake in Fiserv in the 4th quarter valued at about $29,000. Cedar Mountain Advisors LLC grew its position in shares of Fiserv by 42.5% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 57 shares during the period. Kennebec Savings Bank bought a new position in shares of Fiserv during the 3rd quarter valued at approximately $40,000. Northwest Investment Counselors LLC bought a new position in shares of Fiserv during the 3rd quarter valued at approximately $44,000. Finally, Wolff Wiese Magana LLC grew its position in shares of Fiserv by 904.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 251 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 226 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Down 0.5 %

FI opened at $230.18 on Friday. The firm has a market capitalization of $130.95 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 1.52 and a beta of 0.94. Fiserv, Inc. has a one year low of $142.14 and a one year high of $233.26. The business has a 50 day simple moving average of $209.01 and a two-hundred day simple moving average of $193.27. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.06 and a quick ratio of 1.07.

Fiserv (NYSE:FI) last issued its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping the consensus estimate of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Analysts predict that Fiserv, Inc. will post 10.22 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on FI. Tigress Financial raised their price objective on shares of Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. UBS Group raised their price target on shares of Fiserv from $185.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Citigroup raised their price target on shares of Fiserv from $230.00 to $233.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. raised their price target on shares of Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Finally, Oppenheimer raised their price target on shares of Fiserv from $214.00 to $239.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Two investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $235.91.

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 shares were sold at an average price of $214.61, for a total value 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 $8,320,644.31. This trade represents a 34.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.75% of the company’s stock.

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.