American Century Companies Inc. grew its stake in shares of F.N.B. Corp (NYSE:FNB) by 23.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,242,446 shares of the bank’s stock after purchasing an additional 626,254 shares during the period. American Century Companies Inc.’s holdings in F.N.B. were worth $44,811,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of FNB. GSA Capital Partners LLP bought a new stake in F.N.B. during the 2nd quarter worth approximately $273,000. Stifel Financial Corp increased its holdings in F.N.B. by 1.9% during the 2nd quarter. Stifel Financial Corp now owns 10,609 shares of the bank’s stock worth $150,000 after purchasing an additional 202 shares in the last quarter. State Street Corp increased its holdings in F.N.B. by 3.2% during the 2nd quarter. State Street Corp now owns 18,107,627 shares of the bank’s stock worth $256,409,000 after purchasing an additional 555,996 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in F.N.B. by 90.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 60,218 shares of the bank’s stock worth $853,000 after purchasing an additional 28,532 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in F.N.B. by 1,757.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 152,320 shares of the bank’s stock worth $2,157,000 after purchasing an additional 144,121 shares in the last quarter. 76.62% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Frank C. Mencini acquired 2,000 shares of F.N.B. stock in a transaction on Monday, February 12th. The stock was acquired at an average cost of $13.81 per share, with a total value of $27,620.00. Following the completion of the acquisition, the director now owns 24,611 shares in the company, valued at $339,877.91. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Pamela A. Bena acquired 2,750 shares of F.N.B. stock in a transaction on Monday, February 5th. The shares were purchased at an average cost of $14.15 per share, with a total value of $38,912.50. Following the completion of the acquisition, the director now owns 3,850 shares of the company’s stock, valued at approximately $54,477.50. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 6,250 shares of company stock valued at $86,633. 1.21% of the stock is owned by corporate insiders.

A number of analysts have commented on the company. ValuEngine lowered F.N.B. from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Jefferies Group reaffirmed a “buy” rating and issued a $17.00 target price on shares of F.N.B. in a report on Thursday, January 25th. Boenning Scattergood began coverage on F.N.B. in a report on Tuesday, January 23rd. They issued a “buy” rating for the company. SunTrust Banks reaffirmed a “buy” rating and issued a $17.00 target price on shares of F.N.B. in a report on Tuesday, January 9th. Finally, Zacks Investment Research raised F.N.B. from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $17.10.

F.N.B. Corp (NYSE FNB) opened at $13.85 on Tuesday. The stock has a market capitalization of $4,480.00, a P/E ratio of 22.70, a PEG ratio of 1.28 and a beta of 0.91. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.16. F.N.B. Corp has a twelve month low of $12.02 and a twelve month high of $16.33.

F.N.B. (NYSE:FNB) last released its earnings results on Tuesday, January 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. The company had revenue of $295.14 million during the quarter, compared to analyst estimates of $295.89 million. F.N.B. had a return on equity of 6.69% and a net margin of 16.00%. During the same period in the prior year, the company posted $0.24 earnings per share. analysts anticipate that F.N.B. Corp will post 1.13 EPS for the current year.

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F.N.B. Company Profile

F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance. Its Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.

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Institutional Ownership by Quarter for F.N.B. (NYSE:FNB)

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