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

Dohj LLC trimmed its holdings in shares of Fiserv, Inc. (NYSE:FI) by 5.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FI. Sanders Capital LLC acquired a new stake in Fiserv in the third quarter valued at $764,543,000. FMR LLC raised its holdings in shares of Fiserv by 17.8% in the 3rd quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after purchasing an additional 1,427,664 shares during the period. Maj Invest Holding A S acquired a new stake in Fiserv in the 3rd quarter valued at about $172,993,000. Kovitz Investment Group Partners LLC grew its holdings in Fiserv by 788.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock worth $109,700,000 after purchasing an additional 561,377 shares during the period. Finally, Mizuho Securities USA LLC grew its holdings in Fiserv by 1,238.6% during the third quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock worth $108,488,000 after purchasing an additional 558,774 shares during the period. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on FI shares. Keefe, Bruyette & Woods raised their price objective on Fiserv from $225.00 to $238.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. The Goldman Sachs Group raised their price target on Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a report on Tuesday, December 3rd. Seaport Res Ptn raised shares of Fiserv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Citigroup increased their price objective on shares of Fiserv from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Finally, Compass Point initiated coverage on shares of Fiserv in a report on Wednesday, November 20th. They set a “buy” rating and a $278.00 target price for the company. Three analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Fiserv presently has an average rating of “Moderate Buy” and an average price target of $224.00.

Fiserv Trading Up 0.1 %

Shares of Fiserv stock opened at $216.07 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv, Inc. has a 12-month low of $137.13 and a 12-month high of $223.23. The company has a market capitalization of $122.93 billion, a price-to-earnings ratio of 41.55, a PEG ratio of 1.39 and a beta of 0.94. The firm’s 50-day moving average price is $208.72 and its two-hundred day moving average price is $190.96.

Insider Transactions at Fiserv

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the business’s 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 owns 38,771 shares of the company’s stock, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by insiders.

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.