F.N.B. (NYSE:FNB) PT Raised to $18.00 at Stephens

F.N.B. (NYSE:FNB - Get Free Report) had its price objective raised by research analysts at Stephens from $16.00 to $18.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has an "overweight" rating on the bank's stock. Stephens' target price indicates a potential upside of 27.66% from the stock's previous close.

Other equities analysts also recently issued reports about the stock. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $16.00 price objective on shares of F.N.B. in a research note on Wednesday, June 26th. StockNews.com cut F.N.B. from a "hold" rating to a "sell" rating in a research note on Tuesday, October 8th. Finally, Piper Sandler reaffirmed an "overweight" rating on shares of F.N.B. in a research report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, F.N.B. currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.33.

F.N.B. Stock Down 3.6 %

NYSE FNB traded down $0.53 on Monday, reaching $14.10. 2,795,813 shares of the stock traded hands, compared to its average volume of 2,199,189. F.N.B. has a 12 month low of $10.24 and a 12 month high of $15.65. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.91 and a current ratio of 0.92. The company has a fifty day moving average price of $14.17 and a 200-day moving average price of $13.90. The company has a market cap of $5.07 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 10.01 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Diversified Trust Co increased its stake in shares of F.N.B. by 4.9% during the second quarter. Diversified Trust Co now owns 16,852 shares of the bank's stock worth $231,000 after purchasing an additional 789 shares in the last quarter. Miller Howard Investments Inc. NY grew its holdings in shares of F.N.B. by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 35,067 shares of the bank's stock worth $480,000 after buying an additional 836 shares in the last quarter. Bank of Montreal Can raised its position in shares of F.N.B. by 2.2% in the second quarter. Bank of Montreal Can now owns 47,679 shares of the bank's stock valued at $653,000 after buying an additional 1,040 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of F.N.B. by 1.6% in the first quarter. Los Angeles Capital Management LLC now owns 82,458 shares of the bank's stock worth $1,163,000 after buying an additional 1,304 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in F.N.B. by 19.7% during the second quarter. Blue Trust Inc. now owns 9,042 shares of the bank's stock worth $127,000 after acquiring an additional 1,486 shares during the last quarter. Hedge funds and other institutional investors own 79.25% of the company's stock.

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.