F.N.B. Co. (NYSE:FNB) Shares Acquired by Cwm LLC

Cwm LLC grew its stake in F.N.B. Co. (NYSE:FNB) by 26.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 391,059 shares of the bank’s stock after buying an additional 81,162 shares during the period. Cwm LLC owned 0.11% of F.N.B. worth $5,385,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FNB. First Command Advisory Services Inc. acquired a new position in shares of F.N.B. in the 3rd quarter valued at $27,000. Clearstead Advisors LLC acquired a new stake in F.N.B. during the 3rd quarter worth $36,000. Ronald Blue Trust Inc. boosted its stake in F.N.B. by 447.1% during the 3rd quarter. Ronald Blue Trust Inc. now owns 4,546 shares of the bank’s stock worth $52,000 after purchasing an additional 3,715 shares during the period. Blue Trust Inc. boosted its stake in F.N.B. by 56.2% during the 4th quarter. Blue Trust Inc. now owns 7,099 shares of the bank’s stock worth $98,000 after purchasing an additional 2,553 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in F.N.B. during the 3rd quarter worth $109,000. Institutional investors and hedge funds own 79.25% of the company’s stock.

F.N.B. Stock Up 2.2 %

FNB stock opened at $13.64 on Wednesday. F.N.B. Co. has a one year low of $10.09 and a one year high of $14.19. The stock has a market capitalization of $4.90 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 9.23 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.91 and a current ratio of 0.92. The company has a fifty day moving average of $13.47 and a 200-day moving average of $12.81.

F.N.B. (NYSE:FNB) last released its earnings results on Thursday, April 18th. The bank reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. F.N.B. had a net margin of 19.73% and a return on equity of 9.51%. The company had revenue of $406.87 million during the quarter, compared to analysts’ expectations of $406.96 million. During the same quarter last year, the business earned $0.40 EPS. As a group, analysts expect that F.N.B. Co. will post 1.45 EPS for the current year.

F.N.B. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Wednesday, March 6th were issued a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.52%. F.N.B.’s dividend payout ratio is presently 38.71%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company increased their price target on shares of F.N.B. from $14.00 to $16.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Stephens decreased their price target on shares of 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. StockNews.com cut shares of F.N.B. from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Raymond James increased their price target on shares of F.N.B. from $14.00 to $16.00 and gave the stock an “outperform” rating in a research note on Monday, January 22nd. Finally, Bank of America initiated coverage on shares of F.N.B. in a research note on Thursday, January 11th. They set a “buy” rating and a $15.00 price target for the company. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Insider Activity

In related news, Director William B. Campbell purchased 2,500 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was acquired at an average price of $13.41 per share, for a total transaction of $33,525.00. Following the acquisition, the director now directly owns 145,388 shares of the company’s stock, valued at approximately $1,949,653.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders purchased 6,500 shares of company stock worth $87,505 in the last 90 days. 1.22% of the stock is currently owned by corporate insiders.

F.N.B. Profile

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.