Brown Advisory Inc. decreased its holdings in Fiserv, Inc. (NYSE:FI - Free Report) by 11.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 920,073 shares of the business services provider's stock after selling 113,538 shares during the quarter. Brown Advisory Inc. owned about 0.16% of Fiserv worth $189,001,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Marshall Investment Management LLC bought a new stake in shares of Fiserv during the 4th quarter valued at about $29,000. Valley National Advisers Inc. bought a new stake in Fiserv during the 4th quarter valued at approximately $29,000. Compass Financial Services Inc purchased a new position in shares of Fiserv during the 4th quarter worth approximately $31,000. Campbell Capital Management Inc. bought a new position in shares of Fiserv in the 4th quarter worth approximately $37,000. Finally, Quarry LP lifted its stake in shares of Fiserv by 51.9% in the 4th quarter. Quarry LP now owns 205 shares of the business services provider's stock valued at $42,000 after purchasing an additional 70 shares during the period. Institutional investors own 90.98% of the company's stock.

In other Fiserv news, COO Guy Chiarello sold 45,000 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $235.55, for a total value of $10,599,750.00. Following the completion of the transaction, the chief operating officer now directly owns 227,711 shares in the company, valued at $53,637,326.05. This represents a 16.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.75% of the stock is owned by company insiders.

FI stock opened at $184.38 on Friday. The company has a market cap of $102.99 billion, a price-to-earnings ratio of 34.21, a P/E/G ratio of 1.52 and a beta of 0.91. 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 business's 50-day moving average is $211.04 and its two-hundred day moving average is $211.62. Fiserv, Inc. has a fifty-two week low of $146.25 and a fifty-two week high of $238.59.

Fiserv (NYSE:FI - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.06. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. The firm had revenue of $4.79 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same quarter in the prior year, the business earned $1.88 EPS. The business's quarterly revenue was up 5.1% on a year-over-year basis. As a group, analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Fiserv declared that its Board of Directors has authorized a stock repurchase program on Thursday, February 20th that permits the company to repurchase 60,000,000 shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its stock is undervalued.

A number of equities analysts have issued reports on the company. UBS Group decreased their price objective on Fiserv from $265.00 to $255.00 and set a "buy" rating for the company in a report on Friday, April 25th. BMO Capital Markets lowered their price target on shares of Fiserv from $254.00 to $232.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Keefe, Bruyette & Woods cut their price objective on shares of Fiserv from $260.00 to $240.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. The Goldman Sachs Group upgraded shares of Fiserv from a "neutral" rating to a "buy" rating and lifted their target price for the company from $246.00 to $260.00 in a report on Wednesday, April 2nd. Finally, KeyCorp upped their price target on Fiserv from $250.00 to $270.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Two analysts have rated the stock with a sell rating, one has given a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $230.00.

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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.

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