Yousif Capital Management LLC Reduces Stake in Fiserv, Inc. (NYSE:FI)

Yousif Capital Management LLC has reduced its stake in Fiserv, Inc. (NYSE:FI) by 2.3% during the fourth quarter, based on its latest disclosure to the SEC. After selling 1,887 shares during the period, Yousif Capital Management LLC now holds 79,256 shares of the company, with a current value of approximately $16,281,000.

Other institutional investors and hedge funds have also made changes to their positions in Fiserv. For instance, Valley National Advisers Inc. established a new position in Fiserv during the fourth quarter, which was valued at about $29,000. Additionally, during the third quarter, Clean Yield Group significantly raised its stake in Fiserv by 431.3%, now owning 170 shares worth $31,000 after acquiring an extra 138 shares. Cedar Mountain Advisors LLC also increased its stake by 42.5%, owning 191 shares now valued at $34,000 after purchasing 57 more shares. Other new investors, such as Kennebec Savings Bank and Northwest Investment Counselors LLC, bought stakes worth approximately $40,000 and $44,000, respectively. In total, institutional investors own about 90.98% of Fiserv's stock.

Fiserv's Stock Overview

As of Wednesday, shares of Fiserv opened at $214.21. The company has a debt-to-equity ratio of 0.85, and both its quick ratio and current ratio stand at 1.07. Fiserv's market capitalization is $121.87 billion, with a price-to-earnings (P/E) ratio of 41.19 and a P/E to growth (P/E/G) ratio of 1.42. The stock has a 50-day simple moving average of $208.61 and a 200-day simple moving average of $191.84. Over the past year, Fiserv's shares reached a low of $137.13 and a high of $223.23.

Analyst Ratings

Recent analyst evaluations have been favorable for Fiserv. Barclays raised their price target from $185.00 to $215.00, rating the stock as "overweight." UBS Group also increased their price target to $240.00, while maintaining a "buy" rating. Compass Point began coverage with a "buy" rating and set a price objective of $278.00. BMO Capital Markets upped their target from $222.00 to $232.00 and categorized it as "outperform." Additionally, Seaport Res Ptn upgraded Fiserv from a "hold" to a "strong-buy" rating. Among the market's analysts, three have rated the stock as a hold, and a large majority of twenty-two analysts rated it a buy, leading to a consensus rating of "Moderate Buy" with an average target price of $224.00.

Insider Transactions

In related news, Kenneth Best, the Chief Accounting Officer of Fiserv, sold 20,821 shares on November 12th at an average price of $214.61, totaling approximately $4,468,394.81. Following this sale, he owns 38,771 shares, valued at around $8,320,644.31, indicating a 34.94% reduction in his holdings. Currently, corporate insiders hold about 0.75% of the company’s stock.

Company Information

Fiserv, Inc. is a provider of payments and financial services technologies, operating through various segments including Merchant Acceptance, Financial Technology, and Payments and Network. The company's services span across the United States and internationally, covering markets in Europe, the Middle East, Africa, Latin America, and the Asia-Pacific region.

Further Insights

For additional insights into stock performance, consider exploring various stocks that may present opportunities, aside from Fiserv. Analyst reports indicate several potential buys that may not include Fiserv.

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