First Data Corp. (NYSE:FDC)’s share price rose 2.3% during trading on Thursday . The company traded as high as $11.63 and last traded at $11.58, with a volume of 3,310,763 shares. The stock had previously closed at $11.32.

FDC has been the subject of a number of recent analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating and set a $15.00 price target on shares of First Data Corp. in a research note on Tuesday, April 26th. Mizuho boosted their price objective on shares of First Data Corp. from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, April 26th. Bank of America Corp. reissued a “buy” rating on shares of First Data Corp. in a research report on Wednesday, May 4th. Stephens initiated coverage on shares of First Data Corp. in a research report on Wednesday, April 6th. They issued an “equal weight” rating and a $14.00 price objective for the company. Finally, Zacks Investment Research raised shares of First Data Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, April 12th. Ten analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $16.54.

The stock’s 50-day moving average price is $11.77 and its 200 day moving average price is $12.45. The company’s market cap is $10.51 billion.

First Data Corp. (NYSE:FDC) last announced its quarterly earnings data on Monday, April 25th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The firm earned $2.80 billion during the quarter, compared to analyst estimates of $1.71 billion. First Data Corp.’s quarterly revenue was up 3.0% on a year-over-year basis. Equities research analysts expect that First Data Corp. will post $1.31 earnings per share for the current fiscal year.

In related news, Director Scott C. Nuttall bought 100,000 shares of the firm’s stock in a transaction on Wednesday, May 18th. The shares were bought at an average cost of $10.62 per share, for a total transaction of $1,062,000.00. Following the transaction, the director now owns 75,000 shares of the company’s stock, valued at $796,500. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph J. Plumeri bought 250,000 shares of the firm’s stock in a transaction on Wednesday, May 25th. The shares were bought at an average price of $12.30 per share, for a total transaction of $3,075,000.00. Following the completion of the transaction, the director now directly owns 478,664 shares in the company, valued at approximately $5,887,567.20. The disclosure for this purchase can be found here.

Other large investors recently modified their holdings of the company. Egerton Capital UK LLP bought a new stake in shares of First Data Corp. during the fourth quarter valued at approximately $135,018,000. Marshall Wace LLP bought a new stake in shares of First Data Corp. during the fourth quarter valued at approximately $16,179,000. Victory Capital Management Inc. bought a new stake in shares of First Data Corp. during the fourth quarter valued at approximately $1,958,000. Monashee Investment Management LLC bought a new stake in shares of First Data Corp. during the fourth quarter valued at approximately $1,602,000. Finally, Morgan Stanley bought a new stake in shares of First Data Corp. during the fourth quarter valued at approximately $22,552,000.

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