Windward Capital Management Co. CA Reduces Stake in Fiserv, Inc. (NYSE:FI)

Windward Capital Management Co. CA decreased its stake in shares of Fiserv, Inc. (NYSE:FI) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 209,487 shares of the business services provider’s stock after selling 2,335 shares during the period. Fiserv accounts for about 3.3% of Windward Capital Management Co. CA’s portfolio, making the stock its 8th largest holding. Windward Capital Management Co. CA’s holdings in Fiserv were worth $43,033,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valley National Advisers Inc. bought a new position in Fiserv during the fourth quarter worth about $29,000. Clean Yield Group grew its position in shares of Fiserv by 431.3% during the 3rd quarter. Clean Yield Group now owns 170 shares of the business services provider’s stock worth $31,000 after purchasing an additional 138 shares in the last quarter. Cedar Mountain Advisors LLC increased its holdings in shares of Fiserv by 42.5% during the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after purchasing an additional 57 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Fiserv in the third quarter valued at approximately $40,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Fiserv in the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FI shares. Wells Fargo & Company raised their price objective on Fiserv from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Stephens reaffirmed an “overweight” rating and issued a $255.00 price target on shares of Fiserv in a research note on Thursday, January 2nd. Barclays raised their target price on shares of Fiserv from $185.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods upped their price target on shares of Fiserv from $225.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Susquehanna lifted their price objective on shares of Fiserv from $190.00 to $230.00 and gave the company a “positive” rating in a research note on Friday, October 18th. 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $224.00.

Fiserv Trading Down 1.1 %

Shares of NYSE FI opened at $214.21 on Wednesday. The stock has a market cap of $121.87 billion, a P/E ratio of 41.19, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94. The firm has a 50 day moving average price of $208.61 and a two-hundred day moving average price of $191.84. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07. Fiserv, Inc. has a 52-week low of $137.13 and a 52-week high of $223.23.

Insider Activity at Fiserv

In other news, CAO Kenneth Best sold 20,821 shares of the company’s 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 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.75% of the stock is currently owned by company insiders.

About Fiserv

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.