DSM Capital Partners LLC Purchases 10,431 Shares of Fiserv, Inc. (NYSE:FI)

DSM Capital Partners LLC raised its position in Fiserv, Inc. (NYSE:FI) by 1.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,025,130 shares of the business services provider’s stock after acquiring an additional 10,431 shares during the period. Fiserv makes up 3.3% of DSM Capital Partners LLC’s investment portfolio, making the stock its 10th largest holding. DSM Capital Partners LLC owned 0.18% of Fiserv worth $210,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $29,000. Compass Financial Services Inc acquired a new stake in Fiserv in the fourth quarter valued at $31,000. Kennebec Savings Bank purchased a new stake in shares of Fiserv during the 3rd quarter worth $40,000. Roxbury Financial LLC acquired a new position in shares of Fiserv during the 4th quarter worth $50,000. Finally, Friedenthal Financial purchased a new position in shares of Fiserv in the 4th quarter valued at about $49,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FI shares. Barclays upped their target price on shares of Fiserv from $235.00 to $265.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. raised their price objective on Fiserv from $199.00 to $227.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Susquehanna boosted their target price on Fiserv from $230.00 to $270.00 and gave the stock a “positive” rating in a research report on Monday, February 10th. BMO Capital Markets raised their price target on Fiserv from $233.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Fiserv currently has a consensus rating of “Buy” and a consensus price target of $239.83.

Fiserv Stock Performance

Fiserv stock opened at $236.03 on Wednesday. The stock has a fifty day moving average price of $212.02 and a 200 day moving average price of $197.21. Fiserv, Inc. has a 52 week low of $145.98 and a 52 week high of $236.93. The firm has a market capitalization of $134.28 billion, a P/E ratio of 43.79, a PEG ratio of 1.49 and a beta of 0.94. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86.

Fiserv (NYSE:FI) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Equities research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current year.

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.