Traders bought shares of First Data Corp (NYSE:FDC) on weakness during trading on Friday. $157.14 million flowed into the stock on the tick-up and $96.11 million flowed out of the stock on the tick-down, for a money net flow of $61.03 million into the stock. Of all companies tracked, First Data had the 29th highest net in-flow for the day. First Data traded down ($0.54) for the day and closed at $21.60

A number of analysts have recently issued reports on FDC shares. Goldman Sachs Group increased their target price on First Data to $30.00 and gave the company a “buy” rating in a report on Thursday, August 30th. They noted that the move was a valuation call. Zacks Investment Research upgraded First Data from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Tuesday, August 7th. Atlantic Securities upgraded First Data from a “neutral” rating to an “overweight” rating in a report on Friday, August 17th. Wedbush increased their target price on First Data from $25.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, September 6th. Finally, Morgan Stanley increased their target price on First Data from $20.00 to $22.00 and gave the company a “$22.60” rating in a report on Thursday, July 19th. Five analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $27.56.

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.77. The firm has a market cap of $20.17 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 1.63 and a beta of 1.56.

First Data (NYSE:FDC) last posted its earnings results on Monday, July 30th. The business services provider reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. First Data had a return on equity of 21.88% and a net margin of 15.39%. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.20 billion. During the same period last year, the company earned $0.40 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts forecast that First Data Corp will post 1.24 EPS for the current fiscal year.

In other news, insider Barry C. Mccarthy sold 151,203 shares of the firm’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $25.78, for a total value of $3,898,013.34. Following the sale, the insider now directly owns 484,774 shares of the company’s stock, valued at $12,497,473.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeff Shanahan sold 115,229 shares of the firm’s stock in a transaction dated Thursday, August 16th. The shares were sold at an average price of $23.94, for a total value of $2,758,582.26. Following the completion of the sale, the insider now directly owns 256,100 shares in the company, valued at $6,131,034. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 416,432 shares of company stock worth $10,415,596. Corporate insiders own 5.60% of the company’s stock.

Several large investors have recently modified their holdings of the company. Acadian Asset Management LLC acquired a new stake in First Data during the second quarter worth about $171,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in First Data during the second quarter worth about $188,000. Nicolet Bankshares Inc. acquired a new stake in First Data during the second quarter worth about $206,000. Marshall Wace LLP acquired a new stake in First Data during the second quarter worth about $242,000. Finally, YHB Investment Advisors Inc. acquired a new stake in First Data during the second quarter worth about $246,000. 51.41% of the stock is currently owned by institutional investors.

First Data Company Profile (NYSE:FDC)

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions (GBS), Global Financial Solutions (GFS), and Network & Security Solutions (NSS). The GBS segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications.

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