78 Institutional Investors Started Taking Positions In First Data Corporation (FDC)

First Data Corporation (NYSE:FDC) is at least 67.66% than its current record low price of $14.73. There was a 1.11% gain on 08/09/2018 that led the price to move at $24.7. At recent session, the prices were hovering between $24.48 and $24.82. This company shares are 8.18% off its target price of $26.72 and the current market capitalization stands at $22.43B. The recent change has given its price a 13.06% lead over SMA 50 and 0.82% lead over its 52-week high. The stock witnessed 10.71% gains, 25.38% gains and 55.05% 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 1.27% and during a month it has been found around 2.01%.

First Data Corporation (FDC) Top Holders

Institutional investors currently hold around $11.77 billion or 0% in FDC stock. Look at its top three institutional owners. Vanguard Group Inc owns $948.27 million in First Data Corporation, which represents roughly 4.23% of the company’s market cap and approximately 8.06% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 27,998,267 shares of the stock are valued at $684 million. The third largest holder is Fmr Llc, which currently holds $646.26 million worth of this stock and that ownership represents nearly 2.88% of its market capitalization.

First Data Corporation 13F Filings

At the end of March reporting period, 212 institutional holders increased their position in First Data Corporation (NYSE:FDC) by some 98,332,915 shares, 180 decreased positions by 67,251,346 and 52 held positions by 316,053,994. That puts total institutional holdings at 481,638,255 shares, according to SEC filings. The stock grabbed 78 new institutional investments totaling 45,171,232 shares while 59 institutional investors sold out their entire positions totaling 9,172,035 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 Director Nevels James E has acquired 100 shares of First Data Corporation (FDC) in trading session dated Jul. 16, 2018. These shares are worth $2,224 and were traded at $22.24 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 Jun. 18, 2018. The company’s shares were assimilated at $21.41 per share worth to an investment of some $2,141 on account of Nevels James E.

, Foskett Christopher M, sold 17,500 common shares of First Data Corporation (FDC) in the open market. In a transaction dated Jun. 13, 2018, the shares were put up for sale at an average price of $21.77, raking in a sum of $380,975. After this sale, 475,658 common shares of FDC are directly owned by the insider, with total stake valued at $11,748,753.

In the transaction dated Jun. 05, 2018, the great number of shares disposed came courtesy the; Higgins Thomas Joseph disposed a total of 20,785 shares at an average price of $19.66, amounting to approximately $408,633. The insider now directly owns 311,600 shares worth $7,696,520.

First Data Corporation (FDC) Analyst Guide

Several analysts have released their opinion on First Data Corporation (NYSE:FDC), with 16 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.35 average brokerage recommendation.