Integral Investment Advisors Inc. Purchases Shares of 5,789 Fiserv, Inc. (NYSE:FI)

Integral Investment Advisors Inc. acquired a new position in shares of Fiserv, Inc. (NYSE:FI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,789 shares of the business services provider’s stock, valued at approximately $769,000.

Several other institutional investors and hedge funds have also modified their holdings of FI. Hollencrest Capital Management grew its holdings in Fiserv by 75.8% in the 3rd quarter. Hollencrest Capital Management now owns 232 shares of the business services provider’s stock valued at $26,000 after buying an additional 100 shares during the period. West Oak Capital LLC acquired a new stake in shares of Fiserv during the 4th quarter worth $27,000. Halpern Financial Inc. purchased a new position in shares of Fiserv in the 4th quarter worth about $27,000. Atlas Capital Advisors LLC lifted its stake in shares of Fiserv by 71.9% in the 2nd quarter. Atlas Capital Advisors LLC now owns 306 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 128 shares in the last quarter. Finally, PCA Investment Advisory Services Inc. purchased a new stake in Fiserv during the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Insider Buying and Selling at Fiserv

In other news, COO Guy Chiarello sold 23,929 shares of Fiserv stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $151.79, for a total value of $3,632,182.91. Following the completion of the transaction, the chief operating officer now owns 163,699 shares in the company, valued at $24,847,871.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 111,575 shares of company stock worth $17,022,387 over the last ninety days. Corporate insiders own 0.75% of the company’s stock.

Fiserv Stock Performance

Shares of NYSE FI traded down $0.36 during trading hours on Thursday, hitting $146.74. 1,109,621 shares of the company’s stock were exchanged, compared to its average volume of 2,499,855. Fiserv, Inc. has a 1-year low of $109.11 and a 1-year high of $159.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.04 and a quick ratio of 1.04. The company’s 50-day moving average price is $151.65 and its 200-day moving average price is $136.03. The stock has a market capitalization of $86.39 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.20 and a beta of 0.91.

Fiserv (NYSE:FI) last announced its quarterly earnings results on Tuesday, February 6th. The business services provider reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.04. Fiserv had a return on equity of 15.16% and a net margin of 16.07%. The firm had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.68 billion. During the same period in the prior year, the business posted $1.91 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. On average, sell-side analysts expect that Fiserv, Inc. will post 8.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on FI shares. Oppenheimer raised shares of Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 price objective for the company in a research report on Thursday, January 11th. Barclays increased their price target on Fiserv from $165.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Robert W. Baird boosted their price objective on Fiserv from $168.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, April 1st. Morgan Stanley boosted their price target on shares of Fiserv from $133.00 to $142.00 and gave the company an “equal weight” rating in a report on Wednesday, February 7th. Finally, BMO Capital Markets lifted their price target on Fiserv from $152.00 to $157.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Six investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat.com, Fiserv presently has an average rating of “Moderate Buy” and a consensus target price of $158.21.

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.