Baldwin Wealth Partners LLC MA Sells 1,872 Shares of Fiserv, Inc. (NYSE:FI)

Baldwin Wealth Partners LLC MA lowered its stake in shares of Fiserv, Inc. (NYSE:FI) by 2.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 83,309 shares of the business services provider’s stock after selling 1,872 shares during the period. Fiserv comprises approximately 1.2% of Baldwin Wealth Partners LLC MA’s investment portfolio, making the stock its 26th biggest holding. Baldwin Wealth Partners LLC MA’s holdings in Fiserv were worth $17,113,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Kimelman & Baird LLC bought a new position in Fiserv during the second quarter worth about $60,000. APG Asset Management N.V. lifted its holdings in shares of Fiserv by 42.1% in the second quarter. APG Asset Management N.V. now owns 163,793 shares of the business services provider’s stock worth $22,777,000 after buying an additional 48,500 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Fiserv in the second quarter worth about $2,206,000. Driehaus Capital Management LLC purchased a new stake in Fiserv in the second quarter valued at approximately $237,000. Finally, SkyView Investment Advisors LLC raised its stake in Fiserv by 12.5% in the second quarter. SkyView Investment Advisors LLC now owns 5,052 shares of the business services provider’s stock valued at $753,000 after purchasing an additional 561 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on FI. Tigress Financial lifted their price target on shares of Fiserv from $190.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. Susquehanna lifted their price target on shares of Fiserv from $190.00 to $230.00 and gave the stock a “positive” rating in a research note on Friday, October 18th. Wells Fargo & Company lifted their price target on shares of Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. KeyCorp lifted their price target on shares of Fiserv from $180.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley lifted their price target on shares of Fiserv from $220.00 to $258.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $224.00.

Insider Buying and Selling at Fiserv

In other news, Director Heidi Miller sold 30,000 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total value of $6,033,900.00. Following the completion of the transaction, the director now directly owns 33,235 shares of the company’s stock, valued at $6,684,555.55. The trade was a 47.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction on 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 of the company’s stock, valued at approximately $8,320,644.31. This represents a 34.94 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.75% of the company’s stock.

Fiserv Trading Down 0.1 %

Shares of FI stock opened at $208.58 on Monday. The business’s 50 day moving average is $209.02 and its two-hundred day moving average is $189.35. Fiserv, Inc. has a twelve month low of $137.13 and a twelve month high of $223.23. The company has a market capitalization of $118.66 billion, a P/E ratio of 40.09, a price-to-earnings-growth ratio of 1.37 and a beta of 0.94. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85.

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.