Compound Global Advisors LLC Makes New $442,000 Investment in Fiserv, Inc. (NYSE:FI)

Compound Global Advisors LLC purchased a new position in shares of Fiserv, Inc. (NYSE:FI) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,150 shares of the business services provider’s stock, valued at approximately $442,000. Fiserv comprises approximately 1.8% of Compound Global Advisors LLC’s portfolio, making the stock its 22nd biggest position.

A number of other hedge funds have also recently made changes to their positions in FI. Valley National Advisers Inc. purchased a new position in Fiserv in the 4th quarter worth $29,000. Compass Financial Services Inc bought a new position in shares of Fiserv during the fourth quarter valued at about $31,000. Cedar Mountain Advisors LLC increased its holdings in shares of Fiserv by 42.5% in the third quarter. Cedar Mountain Advisors LLC now owns 191 shares of the business services provider’s stock worth $34,000 after buying an additional 57 shares during the period. Kennebec Savings Bank bought a new stake in shares of Fiserv in the 3rd quarter valued at about $40,000. Finally, Northwest Investment Counselors LLC purchased a new stake in Fiserv during the 3rd quarter valued at about $44,000. 90.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Jefferies Financial Group lifted their price target on Fiserv from $195.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Tigress Financial upped their price target on shares of Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Compass Point began coverage on shares of Fiserv in a report on Wednesday, November 20th. They issued a “buy” rating and a $278.00 price target on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Fiserv from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Finally, Oppenheimer increased their target price on shares of Fiserv from $214.00 to $239.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $239.83.

Fiserv Price Performance

FI stock opened at $230.55 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.07 and a current ratio of 1.06. The firm has a 50 day moving average price of $209.01 and a 200-day moving average price of $193.75. Fiserv, Inc. has a 52-week low of $142.47 and a 52-week high of $233.26. The firm has a market capitalization of $131.16 billion, a price-to-earnings ratio of 42.77, a PEG ratio of 1.52 and a beta of 0.94.

Fiserv (NYSE:FI) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. Equities research analysts forecast that Fiserv, Inc. will post 10.22 EPS for the current fiscal year.

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.