Dimensional Fund Advisors LP now owns 544,609 shares of the business services provider's stock worth $8,441,000 after buying an additional 401,192 shares during the last quarter. Can's holdings in First Data were worth $1,984,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of FDC. PNC Financial Services Group Inc. raised its position in shares of First Data by 2.0% in the 2nd quarter. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.
The stock of First Data Corporation and DexCom, Inc. were two of the most active stocks on Wedday.
First Data Corporation (NYSE:FDC) now has a Weekly Volatility of 2.67% percent while its Monthly Volatility is at 2.31% percent. Point72 Asset Management L.P. now owns 5,574,786 shares of the business services provider's stock valued at $100,569,000 after purchasing an additional 5,155,686 shares during the period. First Data's revenue for the quarter was up 4.8% compared to the same quarter past year. Pacer Advisors Inc. now owns 5,558 shares of the business services provider's stock valued at $101,000 after buying an additional 452 shares in the last quarter.
ILLEGAL ACTIVITY WARNING: "Investors Sell Shares of First Data (FDC) on Strength (FDC)" was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer demand. Following the purchase, the chief executive officer now directly owns 7,107,398 shares in the company, valued at $119,546,434.36. Also, CEO Frank Bisignano acquired 25,000 shares of the firm's stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $17.12, for a total transaction of $127,937.76. M&T Bank Corp now owns 16,680 shares of the business services provider's stock valued at $303,000 after buying an additional 895 shares in the last quarter. The disclosure for this purchase can be found here. Following the completion of the sale, the insider now owns 417,652 shares in the company, valued at approximately $7,150,202.24.
FDC has been the subject of a number of recent research reports. Jefferies Group reissued a "buy" rating and set a $21.00 price objective on shares of First Data in a research note on Thursday, October 12th. (The) lowered shares of First Data Corporation from a "buy" rating to a "neutral" rating and cut their target price for the company from $18.00 to $16.00 in a report on Friday, December 16th. Finally, Pictet Asset Management Ltd. boosted its holdings in First Data by 1.1% in the 2nd quarter. Zacks Investment Research upgraded shares of First Data from a "sell" rating to a "hold" rating in a research report on Friday, October 27th. They issued an "overweight" rating and a $17.00 target price for the company.
First Data Corporation (FDC) stock price distance from twenty day simple moving average surged at 4.08% while its distance from fifty day simple moving average raised 2.43% along with -0.37% below distance from two hundred simple moving averages.
First Data Corp (NYSE:FDC) traded up $0.03 during midday trading on Wednesday, reaching $17.27. Trading volume for First Data Corporation was 10.46 Million in its previous trading session.
Over the past 50 days, First Data Corporation stock's -0.67% off of the high and 12.46% removed from the low. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 3.58.
First Data Corporation (NYSE:FDC) has the Market Capitalization of 15.57 Billion. While, the analyst predicted that the company could provide an EPS of $0.4/share. The business had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.08 billion. First Data Corporation had a positive return on equity of 17.41% and a negative net margin of 8.52%. Over the trailing year, the stock is underperforming the S&P 500 by 21.1, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. The shares now trade at $58.60 and have been able to report a change of 0.90% over the past one week. If you are accessing this piece on another site, it was stolen and republished in violation of global copyright & trademark laws.
Therefore, First Data Corporation is a large market cap stock. It operates through three divisions: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions.