Fulton Bank raised its stake in shares of FleetCor Technologies, Inc. (NYSE:FLT) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,889 shares of the company’s stock after buying an additional 20 shares during the period. Fulton Bank’s holdings in FleetCor Technologies were worth $270,000 as of its most recent SEC filing.

FleetCor Technologies, Inc. (NYSE:FLT) traded up 4.54% during mid-day trading on Friday, hitting $122.84. 845,597 shares of the stock were exchanged. FleetCor Technologies, Inc. has a one year low of $107.56 and a one year high of $165.67. The company has a 50-day moving average price of $132.20 and a 200-day moving average price of $146.44. The company has a market cap of $11.32 billion and a P/E ratio of 27.31.

FleetCor Technologies (NYSE:FLT) last released its earnings results on Wednesday, November 4th. The company reported $1.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.06. During the same period last year, the firm earned $1.37 EPS. The business had revenue of $451.50 million for the quarter, compared to analysts’ expectations of $432.20 million. The company’s revenue was up 52.9% compared to the same quarter last year. On average, analysts predict that FleetCor Technologies, Inc. will post $6.21 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on FLT shares. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $185.00 price objective on shares of FleetCor Technologies in a research note on Thursday, October 15th. Deutsche Bank reiterated a “buy” rating on shares of FleetCor Technologies in a research note on Thursday, October 22nd. Zacks Investment Research upgraded shares of FleetCor Technologies from a “sell” rating to a “hold” rating in a research note on Friday, October 30th. Susquehanna dropped their price objective on shares of FleetCor Technologies from $183.00 to $167.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Finally, Piper Jaffray reiterated a “hold” rating and set a $152.00 price objective (down previously from $153.00) on shares of FleetCor Technologies in a research note on Monday, November 9th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. FleetCor Technologies presently has an average rating of “Buy” and an average price target of $165.54.

FleetCor Technologies, Inc. is an independent global provider of fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services to businesses, retailers, commercial fleets, oil companies, petroleum marketers and Government entities in countries. The Company operates in two segments: North America and International. In North America, the Company sells a fuel card product, commercial payment and data solutions, as well as a fleet telematics offering, which allows customers to track the location of mobile workers in field-based businesses, as well as over-the-road trucking fleets. In its International segment, the Company provides small and mid-sized fleets with fuel cards to control and manage spending. Additionally, the Company provides a similar fuel product in its International segment to over-the-road trucking fleets, shipping fleets and other operators of heavily industrialized equipment.

12 Month Chart for NYSE:FLT

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