DTF Tax-Free Income Inc. (DTF) At $13.40 Forms Bottom; FleetCor Technologies, Inc. (FLT) Had 15 Analysts Last Week

June 24, 2018 - By Jerrie Dane

FleetCor Technologies, Inc. (NYSE:FLT) Logo

DTF Tax-Free Income Inc. (DTF) formed multiple bottom with $12.46 target or 7.00% below today’s $13.40 share price. DTF Tax-Free Income Inc. (DTF) has $114.18 million valuation. The stock increased 0.60% or $0.08 during the last trading session, reaching $13.4. About 26,800 shares traded or 88.23% up from the average. DTF Tax-Free Income Inc. (NYSE:DTF) has declined 11.80% since June 24, 2017 and is downtrending. It has underperformed by 24.37% the S&P500.

Among 17 analysts covering Fleetcor Technologies (NYSE:FLT), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Fleetcor Technologies had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Wednesday, October 18 with “Overweight”. The firm has “Buy” rating given on Wednesday, January 27 by Monness Crespi & Hardt. Keefe Bruyette & Woods maintained it with “Outperform” rating and $147 target in Wednesday, February 3 report. On Friday, December 11 the stock rating was initiated by Credit Suisse with “Neutral”. The stock has “Outperform” rating by Wells Fargo on Friday, November 18. The firm earned “Buy” rating on Thursday, February 8 by Keefe Bruyette & Woods. On Tuesday, October 24 the stock rating was maintained by SunTrust with “Buy”. The firm earned “Hold” rating on Wednesday, September 30 by Evercore. Oppenheimer maintained FleetCor Technologies, Inc. (NYSE:FLT) rating on Thursday, August 3. Oppenheimer has “Buy” rating and $18500 target. As per Thursday, November 2, the company rating was maintained by Citigroup. See FleetCor Technologies, Inc. (NYSE:FLT) latest ratings:

04/05/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $235 New Target: $238 Maintain
14/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $232 New Target: $235 Maintain
09/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $209 New Target: $211 Maintain
08/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $236.0 Maintain
05/02/2018 Broker: Oppenheimer Rating: Buy New Target: $247.0 Maintain
25/01/2018 Broker: Morgan Stanley Rating: Buy New Target: $232.0
17/01/2018 Broker: Credit Suisse Rating: Hold New Target: $209.0 Maintain
10/01/2018 Broker: Wells Fargo Rating: Buy New Target: $225.0 Maintain
03/01/2018 Broker: Barclays Capital Rating: Buy New Target: $236.0

Investors sentiment decreased to 0.8 in Q1 2018. Its down 0.40, from 1.2 in 2017Q4. It fall, as 39 investors sold FleetCor Technologies, Inc. shares while 148 reduced holdings. 53 funds opened positions while 97 raised stakes. 80.19 million shares or 2.14% less from 81.94 million shares in 2017Q4 were reported. Westfield Cap Com Lp owns 338,238 shares. Bokf Na reported 2,462 shares. Meridian Company reported 0.72% stake. 28,622 are owned by Brinker. 99,358 are held by Morgan Stanley. Sei Investments Company reported 65,473 shares stake. Palestra Capital Mgmt Ltd Liability Co, a New York-based fund reported 420,200 shares. Green Square Limited Liability Company reported 4,563 shares. Sumitomo Mitsui Trust Inc has invested 0.07% in FleetCor Technologies, Inc. (NYSE:FLT). Brandywine Managers Ltd Limited Liability Company has 4,095 shares. Invesco holds 24,608 shares or 0% of its portfolio. Citadel Advsr Limited Co holds 0.07% in FleetCor Technologies, Inc. (NYSE:FLT) or 645,911 shares. Switzerland-based Credit Suisse Ag has invested 0.02% in FleetCor Technologies, Inc. (NYSE:FLT). 40,000 were reported by Princeton Portfolio Strategies Gru Limited Liability. 10,546 were accumulated by Dnb Asset Mgmt As.

More news for FleetCor Technologies, Inc. (NYSE:FLT) were recently published by: Seekingalpha.com, which released: “PVAC +3.7%, FLT +4.5% on index changes; NVDA to S&P 100” on June 15, 2018. Streetinsider.com‘s article titled: “NVIDIA (NVDA) Set to Join S&P 100; FleetCor Technologies (FLT) to Join S&P 500; Penn Virginia (PVAC) to Join S&P …” and published on June 17, 2018 is yet another important article.

The stock decreased 1.15% or $2.51 during the last trading session, reaching $216.31. About 1.60 million shares traded or 53.52% up from the average. FleetCor Technologies, Inc. (NYSE:FLT) has risen 43.29% since June 24, 2017 and is uptrending. It has outperformed by 30.72% the S&P500. Some Historical FLT News: 03/05/2018 – FLEETCOR and P97 Form Strategic Partnership to Accelerate Mobile Payments at Gas Stations; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 ADJ NET INCOME PER DILUTED SHARE BETWEEN $10.20 AND $10.50; 03/05/2018 – FLEETCOR TECHNOLOGIES – INVESTIGATION IS IN EARLY STAGES BUT INDICATES SIGNIFICANT NUMBER OF 6 MONTHS/OLDER GIFT CARD AND PIN NUMBERS WERE ACCESSED; 16/03/2018 – Morgan Stanley Likes FleetCor’s Future — Barrons.com; 27/04/2018 – FLEETCOR TECHNOLOGIES INC SAYS CEO RONALD F. CLARKE’S 2017 TOTAL COMPENSATION WAS $52.6 MLN — SEC FILING; 19/03/2018 – FLEETCOR Recognized for Innovation, Growth, & Success; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 REVENUES INCLUDING ADOPTION OF ASC 606, BETWEEN $2,390 MLN AND $2,450 MLN; 14/03/2018 – FLEETCOR TECHNOLOGIES INC FLT.N : MORGAN STANLEY RAISES TARGET PRICE TO $235 FROM $232; 03/05/2018 – PETROBRAS DISTRIBUIDORA, FLEETCOR IN CARDLESS FUEL PAYMENT PACT; 03/05/2018 – Shell Completes Fuel Card System Conversion Onto FLEETCOR Platform Across Europe and Asia

FleetCor Technologies, Inc. provides fuel cards, commercial payment and data solutions, gift card and stored value solutions, and workforce payment services and products primarily in the United States, Brazil, and the United Kingdom. The company has market cap of $19.39 billion. It sells a range of customized fleet and lodging payment programs; and offers card products to purchase fuel, lodging, food, toll, transportation, and related services and products at participating locations. It has a 25.48 P/E ratio. The firm also offers telematics solution that allows fleet operators to monitor the capacity utilization and movement of vehicles and drivers; vehicle maintenance services; prepaid fuel and food vouchers, and cards; and workforce payment products related to public transportation and toll vouchers.

FleetCor Technologies, Inc. (NYSE:FLT) Institutional Positions Chart