Fiserv Inc (NASDAQ:FISV) has earned a “BBB+” credit rating from Morningstar. The firm’s “BBB+” rating suggests that the company is a moderate default risk. They also gave their stock a two star rating.

Fiserv (NASDAQ:FISV) opened at 91.40 on Wednesday. Fiserv has a 12-month low of $71.78 and a 12-month high of $97.76. The company has a market cap of $20.89 billion and a PE ratio of 31.30. The company’s 50-day moving average price is $91.14 and its 200-day moving average price is $90.37.

Other analysts also recently issued research reports about the company. Oppenheimer lifted their price target on Fiserv from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 28th. Jefferies Group lifted their price target on Fiserv to $112.00 and gave the company a “buy” rating in a research note on Tuesday, November 3rd. Barclays lifted their price target on Fiserv from $82.00 to $93.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 28th. SunTrust lifted their price target on Fiserv to $106.00 and gave the company a “neutral” rating in a research note on Wednesday, October 28th. Finally, Sterne Agee CRT began coverage on Fiserv in a report on Thursday, December 17th. They issued a “buy” rating and a $115.00 price objective for the company. Fourteen analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $91.00.

In other news, CEO Jeffery W. Yabuki sold 14,000 shares of the company’s stock in a transaction dated Wednesday, November 18th. The shares were sold at an average price of $95.64, for a total transaction of $1,338,960.00. Following the transaction, the chief executive officer now owns 354,063 shares in the company, valued at $33,862,585.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas J. Hirsch sold 18,554 shares of the company’s stock in a transaction dated Monday, November 23rd. The shares were sold at an average price of $96.42, for a total transaction of $1,788,976.68. Following the transaction, the chief financial officer now owns 62,090 shares in the company, valued at approximately $5,986,717.80. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Fiserv stock. Janus Capital Management increased its stake in shares of Fiserv Inc (NASDAQ:FISV) by 5.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,888,601 shares of the company’s stock after buying an additional 146,781 shares during the period. Janus Capital Management owned approximately 1.26% of Fiserv worth $250,181,000 at the end of the most recent reporting period.

Fiserv, Inc. (NASDAQ:FISV) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. The Company’s Payments and Industry Products segment primarily provides debit, credit and prepaid card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Company’s Financial Institution Services business segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services.

12 Month Chart for NASDAQ:FISV

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