William B. Campbell Buys 2,500 Shares of F.N.B. Co. (NYSE:FNB) Stock

F.N.B. Co. (NYSE:FNB) Director William B. Campbell acquired 2,500 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were acquired at an average price of $13.48 per share, with a total value of $33,700.00. Following the completion of the transaction, the director now directly owns 149,458 shares in the company, valued at approximately $2,014,693.84. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

F.N.B. Stock Up 0.2 %

FNB opened at $13.66 on Thursday. F.N.B. Co. has a fifty-two week low of $10.09 and a fifty-two week high of $14.19. The business has a 50-day moving average of $13.48 and a 200-day moving average of $12.82. 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 company has a market capitalization of $4.91 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 9.23 and a beta of 1.02.

F.N.B. (NYSE:FNB) last posted its quarterly earnings results on Thursday, April 18th. The bank reported $0.34 earnings per share 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 during the quarter, compared to the consensus estimate of $406.96 million. During the same period last year, the business earned $0.40 EPS. Equities research analysts forecast that F.N.B. Co. will post 1.45 EPS for the current fiscal year.

F.N.B. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Wednesday, March 6th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend was Tuesday, March 5th. F.N.B.’s payout ratio is 38.71%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FNB. First Command Advisory Services Inc. bought a new position in shares of F.N.B. in the 3rd quarter valued at approximately $27,000. Clearstead Advisors LLC bought a new position in shares of F.N.B. in the 3rd quarter valued at approximately $36,000. Vestor Capital LLC bought a new position in shares of F.N.B. in the 4th quarter valued at approximately $42,000. Ronald Blue Trust Inc. increased its position in F.N.B. by 447.1% in the 3rd quarter. Ronald Blue Trust Inc. now owns 4,546 shares of the bank’s stock worth $52,000 after buying an additional 3,715 shares during the period. Finally, Hexagon Capital Partners LLC increased its position in F.N.B. by 272.9% in the 4th quarter. Hexagon Capital Partners LLC now owns 3,882 shares of the bank’s stock worth $53,000 after buying an additional 2,841 shares during the period. 79.25% of the stock is owned by institutional investors.

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.