47,632 Shares in F.N.B. Corp (FNB) Acquired by GSA Capital Partners LLP

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GSA Capital Partners LLP acquired a new stake in shares of F.N.B. Corp (NYSE:FNB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 47,632 shares of the bank’s stock, valued at approximately $469,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Montreal Can raised its position in shares of F.N.B. by 67.9% during the third quarter. Bank of Montreal Can now owns 56,238 shares of the bank’s stock worth $716,000 after purchasing an additional 22,751 shares during the period. EJF Capital LLC raised its position in F.N.B. by 190.2% during the third quarter. EJF Capital LLC now owns 1,324,330 shares of the bank’s stock valued at $16,845,000 after buying an additional 867,930 shares during the period. Dupont Capital Management Corp acquired a new position in F.N.B. during the fourth quarter valued at $285,000. Fifth Third Bancorp acquired a new position in F.N.B. during the third quarter valued at $231,000. Finally, Stevens Capital Management LP acquired a new position in F.N.B. during the fourth quarter valued at $788,000. Institutional investors own 77.62% of the company’s stock.

Shares of FNB opened at $11.85 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.81 and a current ratio of 0.82. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 10.49, a PEG ratio of 1.06 and a beta of 1.23. F.N.B. Corp has a 52 week low of $9.35 and a 52 week high of $14.56.

F.N.B. (NYSE:FNB) last issued its earnings results on Tuesday, January 22nd. The bank reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.02. The business had revenue of $300.67 million during the quarter, compared to analysts’ expectations of $303.18 million. F.N.B. had a net margin of 25.65% and a return on equity of 8.42%. During the same period in the previous year, the company earned $0.24 earnings per share. Analysts forecast that F.N.B. Corp will post 1.16 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Tuesday, March 5th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 4th. This represents a $0.48 annualized dividend and a yield of 4.05%. F.N.B.’s dividend payout ratio (DPR) is presently 42.48%.

In other F.N.B. news, Director William B. Campbell sold 2,900 shares of F.N.B. stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $11.95, for a total value of $34,655.00. Following the completion of the transaction, the director now directly owns 82,240 shares of the company’s stock, valued at $982,768. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mary Jo Dively bought 3,000 shares of the firm’s stock in a transaction on Tuesday, February 5th. The stock was purchased at an average cost of $11.81 per share, with a total value of $35,430.00. Following the completion of the acquisition, the director now directly owns 17,900 shares of the company’s stock, valued at approximately $211,399. The disclosure for this purchase can be found here. 0.63% of the stock is currently owned by insiders.

Several equities analysts recently weighed in on FNB shares. TheStreet cut F.N.B. from a “b-” rating to a “c+” rating in a research report on Friday, December 21st. Zacks Investment Research cut F.N.B. from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. F.N.B. presently has an average rating of “Hold” and an average price target of $16.00.

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About F.N.B.

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 four segments: Community Banking, Wealth Management, Insurance, and Consumer Finance. 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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Institutional Ownership by Quarter for F.N.B. (NYSE:FNB)

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