New Age Alpha Advisors LLC Buys Shares of 145,131 First Commonwealth Financial Co. (NYSE:FCF)

New Age Alpha Advisors LLC bought a new stake in First Commonwealth Financial Co. (NYSE:FCF - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 145,131 shares of the bank's stock, valued at approximately $2,456,000. New Age Alpha Advisors LLC owned approximately 0.14% of First Commonwealth Financial as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FCF. Crowley Wealth Management Inc. bought a new position in First Commonwealth Financial during the 4th quarter valued at about $42,000. Wilmington Savings Fund Society FSB bought a new position in shares of First Commonwealth Financial in the third quarter valued at approximately $46,000. Jones Financial Companies Lllp boosted its holdings in shares of First Commonwealth Financial by 56.8% in the 4th quarter. Jones Financial Companies Lllp now owns 3,388 shares of the bank's stock worth $57,000 after acquiring an additional 1,227 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of First Commonwealth Financial by 173.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,396 shares of the bank's stock worth $57,000 after acquiring an additional 2,154 shares in the last quarter. Finally, AlphaQuest LLC grew its position in First Commonwealth Financial by 69.2% during the 4th quarter. AlphaQuest LLC now owns 4,578 shares of the bank's stock worth $77,000 after acquiring an additional 1,873 shares during the last quarter. Institutional investors own 72.58% of the company's stock.

Analyst Ratings Changes

FCF has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods boosted their price objective on First Commonwealth Financial from $18.00 to $20.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 4th. DA Davidson reaffirmed a "buy" rating and issued a $21.00 price target on shares of First Commonwealth Financial in a report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and issued a $20.00 price objective on shares of First Commonwealth Financial in a research report on Thursday, January 30th. StockNews.com raised shares of First Commonwealth Financial from a "sell" rating to a "hold" rating in a research note on Friday, February 14th. Finally, Stephens reissued an "overweight" rating and set a $21.50 price target on shares of First Commonwealth Financial in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $19.58.

First Commonwealth Financial Trading Down 6.5 %

Shares of NYSE FCF traded down $1.02 during mid-day trading on Thursday, hitting $14.58. The company's stock had a trading volume of 181,753 shares, compared to its average volume of 568,943. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 10.49 and a beta of 0.84. The company's fifty day simple moving average is $16.16 and its 200-day simple moving average is $16.96. First Commonwealth Financial Co. has a one year low of $12.41 and a one year high of $19.96.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last released its earnings results on Tuesday, January 28th. The bank reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.01). First Commonwealth Financial had a return on equity of 10.36% and a net margin of 20.38%. On average, sell-side analysts anticipate that First Commonwealth Financial Co. will post 1.45 earnings per share for the current fiscal year.

First Commonwealth Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend was Friday, February 7th. First Commonwealth Financial's payout ratio is 37.41%.

First Commonwealth Financial Company Profile

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services.