First Data Corp. (NYSE:FDC)’s share price fell 1.4% during mid-day trading on Wednesday . The company traded as low as $12.71 and last traded at $12.90, with a volume of 2,178,700 shares trading hands. The stock had previously closed at $13.08.

A number of research firms have issued reports on FDC. BTIG Research restated a “hold” rating on shares of First Data Corp. in a research report on Monday, July 18th. Zacks Investment Research upgraded shares of First Data Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 6th. Stephens began 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 on the stock. Wedbush restated a “buy” rating on shares of First Data Corp. in a research report on Tuesday. Finally, Credit Suisse Group AG restated a “buy” rating and issued a $15.00 price objective on shares of First Data Corp. in a research report on Tuesday, April 26th. Nine equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $16.72.

The company’s market capitalization is $11.87 billion. The firm’s 50-day moving average is $11.74 and its 200-day moving average is $12.18.

First Data Corp. (NYSE:FDC) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.81 billion. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. Equities analysts anticipate that First Data Corp. will post $1.32 EPS for the current fiscal year.

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

Several institutional investors have recently bought and sold shares of the stock. Robeco Institutional Asset Management B.V. purchased a new position in First Data Corp. during the fourth quarter valued at $1,202,000. State of Wisconsin Investment Board purchased a new position in First Data Corp. during the fourth quarter valued at $2,095,000. Egerton Capital UK LLP purchased a new position in First Data Corp. during the fourth quarter valued at $135,018,000. Marshall Wace LLP purchased a new position in First Data Corp. during the fourth quarter valued at $16,179,000. Finally, BlackRock Advisors LLC purchased a new position in First Data Corp. during the fourth quarter valued at $17,457,000.

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