Shares of F.N.B. Co. (NYSE:FNB) have been given an average rating of “Buy” by the six ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $10.00.
Several equities analysts have weighed in on FNB shares. TheStreet raised F.N.B. from a “c+” rating to a “b” rating in a research note on Monday, November 16th. ValuEngine upgraded F.N.B. from a “sell” rating to a “hold” rating in a report on Tuesday, January 5th. BidaskClub upgraded F.N.B. from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 7th. Stephens lowered F.N.B. from an “overweight” rating to an “equal weight” rating and set a $10.00 price target for the company. in a report on Wednesday, November 25th. Finally, Zacks Investment Research upgraded F.N.B. from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Wednesday, January 6th.
FNB stock traded down $0.06 during mid-day trading on Wednesday, reaching $10.91. The company had a trading volume of 2,090,551 shares, compared to its average volume of 2,471,718. F.N.B. has a one year low of $5.05 and a one year high of $12.76. The stock’s 50-day simple moving average is $9.58 and its two-hundred day simple moving average is $8.02. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $3.52 billion, a P/E ratio of 11.73 and a beta of 1.34.
In related news, Director Mary Jo Dively bought 3,000 shares of the business’s stock in a transaction on Wednesday, December 2nd. The shares were purchased at an average price of $9.12 per share, with a total value of $27,360.00. Following the completion of the purchase, the director now owns 47,517 shares of the company’s stock, valued at approximately $433,355.04. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders acquired 7,000 shares of company stock worth $56,620 in the last three months. Insiders own 0.59% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Neo Ivy Capital Management bought a new position in F.N.B. in the third quarter valued at approximately $27,000. Prospera Financial Services Inc acquired a new stake in shares of F.N.B. in the third quarter valued at approximately $29,000. CI Investments Inc. acquired a new stake in shares of F.N.B. in the third quarter valued at approximately $29,000. Private Advisor Group LLC acquired a new stake in F.N.B. during the 2nd quarter worth approximately $34,000. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new position in F.N.B. in the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 64.61% of the company’s stock.
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.
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