F.N.B. Co. (NYSE:FNB - Get Free Report) Director William B. Campbell purchased 3,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were bought at an average price of $15.57 per share, with a total value of $46,710.00. Following the completion of the transaction, the director now owns 158,834 shares of the company's stock, valued at approximately $2,473,045.38. The trade was a 1.93 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
F.N.B. Stock Performance
FNB traded down $0.26 during trading on Monday, hitting $15.49. The stock had a trading volume of 1,784,510 shares, compared to its average volume of 2,690,896. F.N.B. Co. has a twelve month low of $12.49 and a twelve month high of $17.70. The firm has a market capitalization of $5.57 billion, a P/E ratio of 12.29, a PEG ratio of 3.80 and a beta of 1.01. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.94 and a current ratio of 0.94. The company's 50-day moving average price is $15.38 and its 200 day moving average price is $14.98.
F.N.B. Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.10%. The ex-dividend date is Monday, March 3rd. F.N.B.'s payout ratio is 38.10%.
Institutional Investors Weigh In On F.N.B.
Institutional investors have recently made changes to their positions in the stock. Natixis Advisors LLC grew its position in F.N.B. by 10.4% during the fourth quarter. Natixis Advisors LLC now owns 73,626 shares of the bank's stock worth $1,088,000 after buying an additional 6,921 shares during the period. Swiss National Bank grew its holdings in F.N.B. by 0.7% in the fourth quarter. Swiss National Bank now owns 707,215 shares of the bank's stock valued at $10,453,000 after purchasing an additional 5,000 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of F.N.B. during the 4th quarter worth $386,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of F.N.B. by 19.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 101,229 shares of the bank's stock worth $1,496,000 after buying an additional 16,363 shares in the last quarter. Finally, AlphaQuest LLC grew its stake in F.N.B. by 3,589.8% in the 4th quarter. AlphaQuest LLC now owns 1,808 shares of the bank's stock valued at $27,000 after acquiring an additional 1,759 shares during the last quarter. 79.25% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods boosted their price objective on F.N.B. from $16.00 to $18.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. Wells Fargo & Company lowered their price target on shares of F.N.B. from $19.00 to $18.00 and set an "overweight" rating for the company in a report on Monday, January 6th. StockNews.com raised shares of F.N.B. from a "sell" rating to a "hold" rating in a research report on Monday, October 21st. Stephens increased their target price on F.N.B. from $16.00 to $18.00 and gave the company an "overweight" rating in a report on Monday, October 21st. Finally, DA Davidson lifted their price target on F.N.B. from $19.00 to $20.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, F.N.B. currently has a consensus rating of "Moderate Buy" and an average price target of $18.50.
Check Out Our Latest Stock Report on F.N.B.
F.N.B. Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider F.N.B., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and F.N.B. wasn't on the list.
While F.N.B. currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
