LaFleur & Godfrey LLC Has $3.72 Million Holdings in Fiserv, Inc. (NYSE:FI)

LaFleur & Godfrey LLC grew its position in shares of Fiserv, Inc. (NYSE:FI) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,116 shares of the business services provider’s stock after buying an additional 75 shares during the quarter. LaFleur & Godfrey LLC’s holdings in Fiserv were worth $3,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Kimelman & Baird LLC bought a new stake in Fiserv during the 2nd quarter worth about $60,000. Brighton Jones LLC lifted its position in shares of Fiserv by 25.1% during the second quarter. Brighton Jones LLC now owns 3,201 shares of the business services provider’s stock worth $477,000 after purchasing an additional 643 shares in the last quarter. AE Wealth Management LLC grew its stake in shares of Fiserv by 176.4% during the second quarter. AE Wealth Management LLC now owns 16,136 shares of the business services provider’s stock valued at $2,405,000 after purchasing an additional 10,298 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Fiserv by 38.8% in the second quarter. Pacer Advisors Inc. now owns 62,455 shares of the business services provider’s stock valued at $9,308,000 after purchasing an additional 17,462 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Fiserv by 2.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 191,892 shares of the business services provider’s stock worth $28,600,000 after purchasing an additional 4,208 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling at Fiserv

In other news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the completion of the sale, the chief accounting officer now 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Heidi Miller sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $201.13, for a total transaction of $6,033,900.00. Following the transaction, the director now owns 33,235 shares of the company’s stock, valued at approximately $6,684,555.55. This represents a 47.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 90,821 shares of company stock valued at $18,581,095 in the last three months. Corporate insiders own 0.75% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. TD Cowen upped their target price on shares of Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Oppenheimer raised their price target on Fiserv from $214.00 to $239.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. StockNews.com raised Fiserv from a “hold” rating to a “buy” rating in a research note on Thursday, September 26th. Finally, KeyCorp increased their target price on Fiserv from $180.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Three investment 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’s stock. According to MarketBeat.com, Fiserv has a consensus rating of “Moderate Buy” and an average target price of $224.00.

Fiserv Stock Performance

NYSE FI opened at $208.67 on Monday. Fiserv, Inc. has a 52-week low of $136.93 and a 52-week high of $223.23. The stock has a market cap of $118.71 billion, a PE ratio of 40.13, a P/E/G ratio of 1.32 and a beta of 0.94. The firm has a 50-day moving average of $209.45 and a 200-day moving average of $187.03. 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 (NYSE:FI) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.04. The company had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $4.90 billion. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The company’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.96 earnings per share. On average, sell-side analysts anticipate that Fiserv, Inc. will post 8.77 EPS for the current year.

Fiserv 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.