F.N.B. Co. (NYSE:FNB - Get Free Report) Director William B. Campbell acquired 2,500 shares of the business's stock in a transaction on Tuesday, April 23rd. The shares were purchased at an average price of $13.48 per share, with a total value of $33,700.00. Following the completion of the purchase, the director now owns 149,458 shares in the company, valued at approximately $2,014,693.84. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
F.N.B. Price Performance
FNB stock opened at $13.64 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.92 and a quick ratio of 0.91. The business has a 50 day simple moving average of $13.47 and a 200-day simple moving average of $12.81. F.N.B. Co. has a 1 year low of $10.09 and a 1 year high of $14.19. The firm has a market capitalization of $4.90 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 9.07 and a beta of 1.02.
F.N.B. (NYSE:FNB - Get Free Report) last released its quarterly earnings results on Thursday, April 18th. The bank reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. F.N.B. had a return on equity of 9.51% and a net margin of 19.73%. The company had revenue of $406.87 million for the quarter, compared to analysts' expectations of $406.96 million. During the same period in the prior year, the firm earned $0.40 earnings per share. Equities research analysts anticipate that F.N.B. Co. will post 1.45 earnings per share for the current fiscal year.
F.N.B. Announces Dividend
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The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Wednesday, March 6th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend was Tuesday, March 5th. F.N.B.'s dividend payout ratio (DPR) is 38.71%.
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Raymond James boosted their price objective on F.N.B. from $14.00 to $16.00 and gave the stock an "outperform" rating in a research note on Monday, January 22nd. StockNews.com lowered F.N.B. from a "hold" rating to a "sell" rating in a research note on Friday, February 16th. Wells Fargo & Company boosted their price objective on F.N.B. from $14.00 to $16.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 10th. Bank of America assumed coverage on F.N.B. in a research note on Thursday, January 11th. They set a "buy" rating and a $15.00 price objective for the company. Finally, Stephens cut their price objective on F.N.B. from $16.00 to $15.00 and set an "overweight" rating for the company in a research note on Friday, April 19th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, F.N.B. presently has an average rating of "Moderate Buy" and a consensus price target of $15.00.
View Our Latest Analysis on FNB
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. First Command Advisory Services Inc. acquired a new position in F.N.B. during the third quarter worth $27,000. Vestor Capital LLC acquired a new stake in shares of F.N.B. in the fourth quarter valued at $42,000. Clearstead Advisors LLC purchased a new position in F.N.B. in the third quarter valued at $36,000. Hexagon Capital Partners LLC boosted its holdings in F.N.B. by 272.9% in the fourth quarter. Hexagon Capital Partners LLC now owns 3,882 shares of the bank's stock valued at $53,000 after purchasing an additional 2,841 shares during the period. Finally, Ronald Blue Trust Inc. boosted its holdings in F.N.B. by 447.1% in the third quarter. Ronald Blue Trust Inc. now owns 4,546 shares of the bank's stock valued at $52,000 after purchasing an additional 3,715 shares during the period. 79.25% of the stock is currently owned by institutional investors and hedge funds.
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.
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