F.N.B. Co. (NYSE:FNB) Given Average Recommendation of "Moderate Buy" by Brokerages

F.N.B. Co. (NYSE:FNB - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $18.50.

FNB has been the topic of several research analyst reports. DA Davidson boosted their price objective on shares of F.N.B. from $19.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Keefe, Bruyette & Woods boosted their price target on shares of F.N.B. from $16.00 to $18.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Wells Fargo & Company lowered their price objective on shares of F.N.B. from $19.00 to $18.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Finally, Piper Sandler cut their target price on F.N.B. from $19.00 to $18.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd.

Insider Buying and Selling at F.N.B.

In related news, Director David L. Motley sold 15,000 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total transaction of $232,650.00. Following the completion of the transaction, the director now owns 65,344 shares in the company, valued at approximately $1,013,485.44. The trade was a 18.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William B. Campbell bought 3,000 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average cost of $15.57 per share, for a total transaction of $46,710.00. Following the acquisition, the director now directly owns 158,834 shares of the company's stock, valued at $2,473,045.38. The trade was a 1.93 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.03% of the stock is owned by corporate insiders.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in F.N.B. by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 39,416,478 shares of the bank's stock worth $582,576,000 after purchasing an additional 305,826 shares during the last quarter. PL Capital Advisors LLC purchased a new stake in shares of F.N.B. during the 4th quarter worth approximately $308,616,000. State Street Corp lifted its position in shares of F.N.B. by 1.9% during the 3rd quarter. State Street Corp now owns 15,185,397 shares of the bank's stock worth $214,266,000 after buying an additional 278,825 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of F.N.B. by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 5,961,104 shares of the bank's stock valued at $88,133,000 after buying an additional 21,325 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of F.N.B. by 76.8% in the 4th quarter. First Trust Advisors LP now owns 5,233,363 shares of the bank's stock valued at $77,349,000 after buying an additional 2,273,736 shares during the last quarter. 79.25% of the stock is owned by institutional investors and hedge funds.

F.N.B. Trading Down 0.1 %

NYSE:FNB traded down $0.02 on Friday, reaching $13.44. The company's stock had a trading volume of 2,626,639 shares, compared to its average volume of 2,328,168. The firm has a market cap of $4.83 billion, a price-to-earnings ratio of 10.66, a price-to-earnings-growth ratio of 3.60 and a beta of 0.98. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.48. F.N.B. has a 12-month low of $12.49 and a 12-month high of $17.70. The stock has a 50 day moving average price of $14.61 and a 200 day moving average price of $14.96.

F.N.B. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Monday, March 3rd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.48 annualized dividend and a yield of 3.57%. F.N.B.'s payout ratio is 38.10%.

About F.N.B.

F.N.B. Corporation, a bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States. The company operates through three segments: Community Banking, Wealth Management, and Insurance.