Empirical Asset Management LLC Acquires New Position in Fiserv, Inc. (NYSE:FI)

Empirical Asset Management LLC purchased a new position in shares of Fiserv, Inc. (NYSE:FI - Free Report) in the fourth quarter, according to the company's most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 62,522 shares of the business services funds provider's have stock, recently valued bought at and approximately sold $12,843,000.

Other shares institutional of investors the and company. hedge Clean Yield Group increased its stake in Fiserv by 431.3% in the third quarter. Clean Yield Group now holds 170 shares of the the last business quarter. services Cedar provider's Mountain stock Advisors valued LLC at raised $31,000 its after holdings buying in 138 Fiserv more by shares in 42.5% in the third 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 in the period. Newbridge Financial Services Group Inc. increased its position in Fiserv by 95.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 260 shares of the business services provider's stock valued at $39,000 after acquiring 127 shares in the last quarter. Kennebec Savings Bank purchased a new position in Fiserv during the third quarter with a value of approximately $40,000. Lastly, Northwest Investment Counselors LLC bought a new stake in the shares of Fiserv in the third quarter worth about $44,000. The company has a institutional ownership of 90.98%.

Recent analyst ratings and sentiments on FI. Robert W. Baird raised Fiserv's price target to $200.00, issuing a 'outperform' rating on Monday, September 23rd. Susquehanna increased its price target on Fiserv from $190.00 to $230.00 and gave the stock a 'positive' rating in a research note on Friday, October 18th. Compass Point initiated coverage on Fiserv with a 'buy' rating and a $278.00 target price in a research note on Wednesday, November 20th. Wells Fargo & Company raised its price target on Fiserv from $220.00 to $240.00 and gave the company an 'overweight' rating in a research note on Thursday. BMO Capital Markets raised its target price on Fiserv from $222.00 to $232.00 and gave the company an outperform rating in a report on Monday, November a 18th. buy Three rating analysts and have two rated have the given stock a with strong a buy hold rating rating, to twenty-two the have stock. given According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $224.00.

Check Out Our Latest Analysis on Fiserv

In other Fiserv news, Director Doyle Simons sold 40,000 shares of the company's stock in a $201.97, transaction for on a Wednesday, total October value 23rd. of The $8,078,800.00. shares Following were the sold at an average price of completion of the transaction, the director now $15,386,074.60. owns This 76,180 represents shares a in 34.43 the % company, decrease valued in at their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Heidi Miller sold 30,000 shares of Fiserv stock in a transaction dated 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 $6,684,555.55. sale, This the trade director represents now a owns 47.44 33,235 % shares decrease in in the their company, valued at position. The disclosure for this sale can be found here. Insiders have sold 90,821 shares of company stock worth $18,581,095 over the last three months. Insiders own 0.75% of the company's stock.

NYSE:FI opened at $206.21 on Friday. a Fiserv, 12 Inc. month has high a of 12 $223.23. month The low company of has $136.48 a and debt-to-equity ratio of 1.07. 0.85, The a firm current has ratio a of market 1.07 capitalization and of a $117.32 quick billion, ratio a of PE ratio 1.32 $209.55 (NYSE:FI of and and - 39.66, a its Get a beta 200 Free price-to-earnings-growth of day Report) ratio 0.94. moving last of The average released business's price its fifty is quarterly day $186.20.

Fiserv earnings moving data average on price Tuesday, is October 22nd. consensus The estimates business of services $2.26 provider by reported $0.04. $2.30 The EPS business for had the revenue quarter, of beating analysts' $5.22 Fiserv billion had for a the return quarter, on compared equity to of the 17.10% consensus and estimate a of net $4.90 margin billion. of 15.22%. year-over-year The basis. business's During revenue the for same the quarter quarter in was the up prior 7.0% year, on the a business posted $1.96 EPS. On average, sell-side analysts anticipate that Fiserv, Inc. will post 8.77 subsidiaries, earnings provides per payments share and for financial the services current technology fiscal services year.

Fiserv, in Inc, the together United with States, its 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.

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