StockNews.com provided initial coverage of F.N.B. stock in a research report made available for public consumption on Thursday.
The stock of the financial institution received a rating of “Hold” from the brokerage firm.
Tuesday, January 24, saw the release of the most recent quarterly earnings report generated by F.N.B. (NYSE: F.N.B.).
The earnings per share (EPS) that the bank reported for the previous quarter came in at $0.44, which was $0.02 higher than the analysts’ predictions.
Despite predictions by industry analysts that the company would only bring in $396.26 million in sales during the period, the company was able to bring in $488.50 million in revenue during the quarter in question.
In the case of F.N.B., the return on equity was 9.28%, and the net margin for the company was 27.30%.
The company generated earnings of $0.30 per share during the same period the year before.
During the current fiscal year, industry experts forecast that F.N.B. will generate $1.63 per share earnings.
On Thursday, the NYSE FNB opened for $12.05 per share.
The price of a share of the company’s stock is currently trading at a moving average of $13.79 for the past 50 days and a moving average of $13.26 for the past 200 days.
The debt-to-equity ratio stands at 0.20, the current ratio comes in at 0.88, and the quick ratio sits at 0.87.
Both the current ratio and the quick ratio are higher than one another.
The stock’s current price-to-earnings ratio is 9.96, and its beta value is 1.10.
These metrics combine to give the company a market value of $4.35 billion. Over the past year, the price of F.N.B. has moved from a low of $10.48 to a high of $14.71.
Regarding F.N.B., many supplementary contents in articles have been produced. Wells Fargo & Company published a research note on Thursday, December 15, in which they changed their rating of the stock of F.N.B. from “underweight” to “overweight” and increased their target price on shares of the company from $16.00 to $17.00.
The research note that Keefe, Bruyette & Woods published on December 12 included a downgrade of shares of F.N.B. from “outperform” to “market perform,” as well as a reduction in their target price from $16.00 to $15.50. While two research experts recommend that investors keep their current position with the stock, four research analysts have rated the stock as a buy.
The information that Bloomberg provided indicates that the company currently has an average rating of “Moderate Buy” and a target price of $15.30.
A company insider named Gary L. Guerrieri sold 5,000 shares of the company’s stock on February 15.
This is just one of the many new developments that have occurred recently.
The shares were sold on the open market for $73,050.00, which totals $14.61 per share when divided by the number of shares sold. Following the completion of the sale, the company insider will now be the owner of 89,317 shares of the company, each of which is approximately valued at $1,304,921.37 at present. Following this link will take you to a document submitted to the Securities and Exchange Commission (S.E.C.).
The document contains an in-depth explanation of the transaction reported to the S.E.C.
Director William B. Campbell purchased 1,900 company shares on January 26.
The transaction was completed successfully.
Other recent events that have taken place include The cost of purchasing one share of stock came out to an average of $13.49, bringing the total price of the stock to $25,631.00.
Because of the acquisition, the director now has ownership of 127,619 shares of the company.
The total value of these shares is $1,721,580.31, so the director’s holdings are worth $1,721,580.31.
If you go to the website of the S.E.C., you should be able to find a legal file there that details the transaction in greater detail. Gary L. Guerrieri, an employee of the company with inside knowledge, sold 5,000 shares of the company’s stock on February 15.
There was a completion to this transaction.
A total of $73,050.00 was spent purchasing and selling shares of stock, which works out to an average price of $14.61 per share.
After the completion of the transaction, the company insider now owns 89,317 shares of the company’s stock.
The total value of these 89,317 shares is approximately $1,304,921.37.
Disclosures related to the sale might be found in this website section.
Together, the company’s management and employees own 0.93% of the total number of shares issued by the company.
Recently, several hedge funds and institutional investors have adjusted the total amount of stock held in their portfolios by either increasing or decreasing the amount of stock they hold. JPMorgan Chase & Co increased the percentage of F.N.B. shares it held by 27.0% during the year’s first quarter. JPMorgan Chase & Co now has 1,171,990 shares of the bank’s stock, thanks to the acquisition of 248,892 shares throughout the most recent period.
The stock is currently valued at $14,592,000. Raymond James Financial Services Advisors INC increased the proportion of its holdings comprising F.N.B.
By 49.7% over the first three months of 2018. Raymond James Financial Services Advisors INC now owns 151,346 shares of the bank’s stock, currently valued at $1,884,000, after purchasing an additional 50,271 shares during the period in question.
The percentage of F.N.B. shares that Private Advisor Group L.L.C. owned at the beginning of the year rose by 10.7% over the first three months. Following the acquisition of an additional 1,515 shares during the period in question, Private Advisor Group L.L.C. now possesses a total of 15,696 shares of the bank’s stock, the value of which is equal to $195,000 when taken into account collectively.
In the first three months of the year, Natixis Advisors L.P.
Added 37.1% more F.N.B. stock to its portfolio than in the previous quarter. Natixis Advisors L.P. now has 27,259 shares of the bank’s stock, each valued at $339,000, bringing the company’s total stock ownership to $339,000.
This was made possible by purchasing an additional 7,373 shares during that period.
During the first three months of this year, the Bank of Montreal increased the proportion of F.N.B. shares it owned by 3.9%.
This brings us to our last point.
After making an additional purchase of 1,783 shares during the period in question, the Bank of Montreal now has 47,930 shares on its books.
These shares are currently valued at $614,000 and have been acquired through 47,930 separate transactions.
To the tune of 76.07% of the company’s shares, institutional investors own those shares.