Brokerages Set F.N.B. Co. (NYSE:FNB) PT at $15.00

F.N.B. Co. (NYSE:FNB) has been given an average recommendation of “Moderate Buy” by the five research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $15.14.

Several analysts have recently weighed in on the company. Wells Fargo & Company raised their target price on F.N.B. from $14.00 to $16.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. StockNews.com raised shares of F.N.B. from a “sell” rating to a “hold” rating in a report on Monday, May 27th. Stephens cut their target price on shares of F.N.B. from $16.00 to $15.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $16.00 target price on shares of F.N.B. in a report on Wednesday.

F.N.B. Trading Up 3.2 %

Shares of F.N.B. stock opened at $13.68 on Wednesday. F.N.B. has a fifty-two week low of $10.24 and a fifty-two week high of $14.39. The firm has a market cap of $4.92 billion, a PE ratio of 11.03, a P/E/G ratio of 9.36 and a beta of 0.99. The business’s fifty day moving average is $13.53 and its two-hundred day moving average is $13.49. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.35.

F.N.B. (NYSE:FNB) last issued its earnings results on Thursday, April 18th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. The business had revenue of $406.87 million for the quarter, compared to analyst estimates of $406.96 million. F.N.B. had a return on equity of 9.51% and a net margin of 19.73%. During the same period last year, the company posted $0.40 EPS. Analysts anticipate that F.N.B. will post 1.4 earnings per share for the current year.

F.N.B. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Investors of record on Thursday, June 6th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend was Thursday, June 6th. F.N.B.’s dividend payout ratio is 38.71%.

Insider Buying and Selling

In related news, Director William B. Campbell bought 2,500 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was bought at an average price of $13.48 per share, with a total value of $33,700.00. Following the purchase, the director now directly owns 149,458 shares of the company’s stock, valued at approximately $2,014,693.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.03% of the company’s stock.

Institutional Investors Weigh In On F.N.B.

Institutional investors and hedge funds have recently modified their holdings of the business. Vestor Capital LLC bought a new position in F.N.B. in the 4th quarter worth $42,000. LRI Investments LLC bought a new position in shares of F.N.B. during the 1st quarter worth about $45,000. Hexagon Capital Partners LLC increased its holdings in shares of F.N.B. by 272.9% during the 4th quarter. Hexagon Capital Partners LLC now owns 3,882 shares of the bank’s stock worth $53,000 after purchasing an additional 2,841 shares during the period. Blue Trust Inc. increased its holdings in shares of 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, Anchor Investment Management LLC bought a new stake in F.N.B. in the fourth quarter valued at about $110,000. Institutional investors and hedge funds own 79.25% of the company’s stock.

F.N.B. Company 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.