First Data Corp. (NYSE:FDC)’s share price was down 1.6% during mid-day trading on Friday . The company traded as low as $11.33 and last traded at $11.39, with a volume of 1,020,707 shares traded. The stock had previously closed at $11.58.

Several equities research analysts have commented on the stock. Barclays PLC dropped their price target on shares of First Data Corp. from $16.00 to $15.00 and set an “overweight” rating on the stock in a research note on Thursday, July 7th. Compass Point assumed coverage on shares of First Data Corp. in a research note on Friday, April 15th. They issued a “neutral” rating and a $12.00 price target on the stock. Zacks Investment Research upgraded shares of First Data Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, April 12th. Nomura Holdings Inc. assumed coverage on shares of First Data Corp. in a research note on Tuesday, April 19th. They issued a “neutral” rating and a $14.00 price target on the stock. Finally, Stifel Nicolaus lowered shares of First Data Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 26th. Ten equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $16.54.

The company has a 50-day moving average price of $11.74 and a 200-day moving average price of $12.41. The stock’s market capitalization is $10.32 billion.

First Data Corp. (NYSE:FDC) last announced its earnings results on Monday, April 25th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.02. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $1.71 billion. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, equities research analysts forecast that First Data Corp. will post $1.31 earnings per share for the current fiscal year.

In related news, Director Joseph J. Plumeri bought 250,000 shares of First Data Corp. stock in a transaction dated Thursday, May 26th. The shares were bought at an average cost of $12.44 per share, for a total transaction of $3,110,000.00. Following the completion of the transaction, the director now owns 728,664 shares of the company’s stock, valued at $9,064,580.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Scott C. Nuttall bought 100,000 shares of First Data Corp. stock in a transaction dated Wednesday, May 18th. The shares were bought at an average price of $10.62 per share, for a total transaction of $1,062,000.00. Following the completion of the transaction, the director now directly owns 75,000 shares of the company’s stock, valued at approximately $796,500. The disclosure for this purchase can be found here.

Several institutional investors recently made changes to their positions in FDC. Robeco Institutional Asset Management B.V. bought a new position in shares of First Data Corp. during the fourth quarter worth about $1,202,000. Rhumbline Advisers bought a new position in shares of First Data Corp. during the fourth quarter worth about $1,404,000. Monashee Investment Management LLC bought a new position in shares of First Data Corp. during the fourth quarter worth about $1,602,000. Victory Capital Management Inc. bought a new position in shares of First Data Corp. during the fourth quarter worth about $1,958,000. Finally, State of Wisconsin Investment Board bought a new position in shares of First Data Corp. during the fourth quarter worth about $2,095,000.

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