Teachers Advisors LLC decreased its stake in First Data Corporation (NYSE:FDC) by 13.7% during the third quarter, Holdings Channel reports. The fund owned 607,705 shares of the company’s stock after selling 96,409 shares during the period. Teachers Advisors LLC owned about 0.07% of First Data Corporation worth $7,997,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FDC. Capital Research Global Investors boosted its stake in shares of First Data Corporation by 189.6% in the second quarter. Capital Research Global Investors now owns 17,736,768 shares of the company’s stock valued at $196,346,000 after buying an additional 11,613,227 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of First Data Corporation by 56.3% in the second quarter. Vanguard Group Inc. now owns 26,294,487 shares of the company’s stock valued at $291,080,000 after buying an additional 9,472,512 shares during the last quarter. FMR LLC boosted its stake in shares of First Data Corporation by 45.5% in the second quarter. FMR LLC now owns 26,185,618 shares of the company’s stock valued at $289,875,000 after buying an additional 8,188,739 shares during the last quarter. Brahman Capital Corp. boosted its stake in shares of First Data Corporation by 118.2% in the second quarter. Brahman Capital Corp. now owns 11,408,009 shares of the company’s stock valued at $126,287,000 after buying an additional 6,179,158 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new stake in shares of First Data Corporation during the second quarter valued at $52,998,000. 37.21% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for First Data Corporation (NYSE:FDC)

Shares of First Data Corporation (NYSE:FDC) traded up 0.423% during trading on Friday, hitting $15.425. The stock had a trading volume of 177,866 shares. The stock’s market cap is $14.05 billion. The stock’s 50 day moving average price is $14.73 and its 200-day moving average price is $13.56. First Data Corporation has a one year low of $8.37 and a one year high of $15.92.

First Data Corporation (NYSE:FDC) last announced its quarterly earnings results on Monday, November 7th. The company reported $0.34 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.34. The business earned $2 billion during the quarter, compared to the consensus estimate of $1.83 billion. First Data Corporation had a negative net margin of 8.52% and a positive return on equity of 17.41%. The business’s quarterly revenue was up .5% compared to the same quarter last year. Analysts expect that First Data Corporation will post $1.29 earnings per share for the current fiscal year.

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Several equities research analysts have weighed in on FDC shares. Zacks Investment Research raised First Data Corporation from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Monday, December 26th. Jefferies Group restated a “buy” rating on shares of First Data Corporation in a research report on Thursday, November 17th. Stephens upgraded First Data Corporation from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 3rd. BTIG Research restated a “buy” rating and set a $15.00 target price on shares of First Data Corporation in a research report on Monday, November 7th. Finally, Pacific Crest began coverage on First Data Corporation in a research report on Thursday, December 15th. They set an “overweight” rating and a $17.00 target price for the company. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $15.75.

First Data Corporation Company Profile

5 Day Chart for NYSE:FDC

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