F.N.B. Corp (NYSE:FNB).
Snow Capital Management Lp says it increased its stake in F.N.B. Corp by 1,495,344 shares in the quarter ending 09/30/2017. Its investment stood at $34,187,000 an increase of $20,858,000 as of quarter end.
Snow Capital Management Lp isn’t the only one who has changed their investment in FNB. As of the end of the quarter Raymond James & Associates had bought a total of 1,879,243 shares growing its position 795.9%. The value of the company’s investment in F.N.B. Corp increased from $3,343,000 to $29,678,000 a change of $26,335,000 for the reporting period. As of quarter end Basswood Capital Management, L.l.c. had acquired 409,184 shares growing its stake by 64.8%. The value of the investment in (FNB) went from $8,937,000 to $14,596,000 a change of 63.3% quarter over quarter.
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS cut its investment by selling 2 shares a decrease of 0.0% as of 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 47,151 shares worth $662,000. The total value of its holdings decreased 0.9%.
October 20 investment analysts at Royal Bank Of Canada made no change to the company rating of “Hold” with a current price target of $15.00. On October 3 Keefe, Bruyette & Woods held the company rating at “Hold” targeting a price of $15.00.
September 8 investment analysts at Royal Bank Of Canada left the company rating at “Hold” projecting a price of $15.00.
August 11 investment analysts at Jefferies Group LLC made no change to the stock rating of “Buy” targeting a price of $18.00.
In the market the company is trading up from yesterday’s close of 13.06. The P/E ratio is 16.93 and the market cap of the company is 4.24B. As of the last earnings report the EPS was $0.78 with 323.30M shares outstanding.
Short traders are more bullish on F.N.B. Corp of late as implied by the change in short interest. The firm had a fall in short interest of -4.91% as of the latest report on October 31, 2017. Short interest fell 611,616 over that timeframe. Days to cover decreased from 8.0 to 5.0 and the percentage of shorted shares is 0.04% as of October 31.