Betting On First Data Corporation (NYSE:FDC) ?

Sergio Conner
January 13, 2018

The fund owned 65,422 shares of the business services provider's stock after purchasing an additional 25,666 shares during the quarter. Janus Henderson Group PLC's holdings in First Data were worth $5,401,000 as of its most recent SEC filing.

A number of institutional investors have recently modified their holdings of the business. Canada Pension Plan Investment Board lifted its position in First Data by 117.1% in the third quarter. The same goes for P/S and P/B, you want these value to be lower, to represent a potential undervalued company, and they have a P/S and P/B of 1.31 and 7.69 respectively. PNC Financial Services Group Inc. raised its position in First Data Corporation by 5.9% in the third quarter.

The Current Ratio of Apache Corporation (NYSE:APA) is 1.53. Sterling Capital Management LLC now owns 148,173 shares of the business services provider's stock valued at $2,697,000 after buying an additional 1,523 shares in the last quarter. American Century Companies Inc. lifted its position in shares of First Data by 4,509.6% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 11,619 shares of the business services provider's stock valued at $211,000 after purchasing an additional 1,697 shares in the last quarter.

It will be interesting to see how First Data Corporation does in the future, and for investors alike. First Data Corp had 73 analyst reports since October 20, 2015 according to SRatingsIntel. The stock was bought at an average cost of $16.82 per share, for a total transaction of $420,500.00.

Vantiv, Inc. insiders have sold a net of -6,607 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

In other news, CEO Frank Bisignano purchased 25,000 shares of the company's stock in a transaction dated Thursday, November 9th. 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 sale can be found here. The stock traded within a range of $17.61 and $17.89. Company insiders own 6.30% of the company's stock.

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A number of equities research analysts recently issued reports on FDC shares. Cowen reiterated a "buy" rating and set a $20.00 price target on shares of First Data in a research report on Thursday, October 12th. Finally, Keefe, Bruyette & Woods reissued a "buy" rating and set a $21.00 price objective on shares of First Data in a research note on Friday, October 6th. Buckingham Research started coverage on First Data in a research report on Monday, October 2nd.

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 Corporation (FDC) pulled off a 1.36 percent gain and now trades for $17.86. A total of 1.52 million shares exchanged at hands and its average trading volume is standing at 1.3 million shares. Looking at the stock's movement on the chart, First Data Corporation recorded a 52-week high of $19.23. The company has a debt-to-equity ratio of 3.58, a current ratio of 1.02 and a quick ratio of 1.02. A high current ratio indicates that the company does not have trouble managing their working capital.

First Data Corporation (FDC) failed to surprise the stock market in its last reported earnings when it earned $0.4 a piece versus the consensus-estimated $0.4. During the same quarter in the previous year, the firm posted $0.34 EPS. research analysts predict that First Data Corp will post 1.28 EPS for the current year. The firm had revenue of $3.08 billion during the quarter, compared to analysts' expectations of $3.08 billion. The Free Cash Flow Yield 5 Year Average of JPMorgan Chase & Co. Under Armour, Inc. earnings have declined with an annualized rate of 0% over the last 5 years.

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First Data Corporation is a commerce-enabling technology and solutions company.

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