Top Institutional Investors That Own First Data Corporation (FDC)

First Data Corporation (NYSE:FDC) is at least 29.51% than its current record low price of $14.73. There was a 3.98% gain on 05/04/2018 that led the price to move at $19.08. At recent session, the prices were hovering between $18.28 and $19.45. This company shares are 10.32% off its target price of $21.05 and the current market capitalization stands at $16.82B. The recent change has given its price a 20.21% lead over SMA 50 and -0.78% deficit over its 52-week high. The stock witnessed 20.61% gains, 11.25% gains and 10.03% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FDC’s volatility during a week at 4.33% and during a month it has been found around 2.97%.

First Data Corporation (FDC) Top Holders

Institutional investors currently hold around $9.02 billion or 98.2% in FDC stock. Look at its top three institutional owners. Vanguard Group Inc owns $773.67 million in First Data Corporation, which represents roughly 4.6% of the company’s market cap and approximately 8.58% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 33,149,770 shares of the stock are valued at $632.5 million. The third largest holder is Glenview Capital Management, Llc, which currently holds $524.18 million worth of this stock and that ownership represents nearly 3.12% of its market capitalization.

First Data Corporation 13F Filings

At the end of 12/31/2017 reporting period, 231 institutional holders increased their position in First Data Corporation (NYSE:FDC) by some 74,159,916 shares, 170 decreased positions by 67,858,372 and 38 held positions by 330,522,769. That puts total institutional holdings at 472,541,057 shares, according to SEC filings. The stock grabbed 74 new institutional investments totaling 18,798,278 shares while 65 institutional investors sold out their entire positions totaling 16,153,646 shares.

First Data Corporation (NYSE:FDC) Insider Trades

Multiple company employees have indulged in significant insider trading. First Data Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Marino Anthony S has sold 7,000 shares of First Data Corporation (FDC) in trading session dated May. 02, 2018. These shares are worth $126,700 and were traded at $18.1 each. The SEC filing shows that Nevels James E performed a purchase of 100 shares. The Director added these shares by way of transaction on Apr. 16, 2018. The company’s shares were assimilated at $15.2 per share worth to an investment of some $1,520 on account of Nevels James E.

Director, Nevels James E, purchased 100 common shares of First Data Corporation (FDC) in the open market. In a transaction dated Mar. 16, 2018, the shares were bought at an average price of $16.53, giving away a sum of $1,653. After this purchase, 20,807 common shares of FDC are directly owned by the insider, with total stake valued at $396,998.

In the transaction dated Feb. 16, 2018, the great number of shares acquired came courtesy the Director; Nevels James E added a total of 100 shares at an average price of $15.72, amounting to approximately $1,572. The insider now directly owns 20,707 shares worth $395,090.

First Data Corporation (FDC) Analyst Guide

Several analysts have released their opinion on First Data Corporation (NYSE:FDC), with 19 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.27 average brokerage recommendation.