Advisory Research Inc. trimmed its position in shares of F.N.B. Corp (NYSE:FNB) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,445,136 shares of the bank’s stock after selling 46,628 shares during the quarter. Advisory Research Inc.’s holdings in F.N.B. were worth $19,972,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its position in shares of F.N.B. by 1.9% during the second quarter. Stifel Financial Corp now owns 10,609 shares of the bank’s stock valued at $150,000 after buying an additional 202 shares during the last quarter. Bank of Montreal Can lifted its position in shares of F.N.B. by 16.0% during the fourth quarter. Bank of Montreal Can now owns 28,291 shares of the bank’s stock valued at $391,000 after buying an additional 3,912 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of F.N.B. by 7.1% during the third quarter. Mackenzie Financial Corp now owns 60,000 shares of the bank’s stock valued at $842,000 after buying an additional 4,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of F.N.B. by 28.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,102 shares of the bank’s stock valued at $250,000 after buying an additional 4,020 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of F.N.B. by 0.8% during the third quarter. Rhumbline Advisers now owns 555,349 shares of the bank’s stock valued at $7,792,000 after buying an additional 4,342 shares during the last quarter. 76.62% of the stock is owned by institutional investors and hedge funds.

In related news, Director William B. Campbell sold 3,300 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $14.48, for a total value of $47,784.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frank C. Mencini purchased 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average price of $13.81 per share, for a total transaction of $27,620.00. Following the acquisition, the director now owns 24,611 shares in the company, valued at approximately $339,877.91. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 6,250 shares of company stock worth $86,633. 1.21% of the stock is owned by corporate insiders.

FNB has been the subject of several analyst reports. Zacks Investment Research lowered shares of F.N.B. from a “buy” rating to a “hold” rating in a research report on Tuesday. Stephens initiated coverage on shares of F.N.B. in a report on Wednesday, December 13th. They set an “equal weight” rating on the stock. Boenning Scattergood initiated coverage on shares of F.N.B. in a report on Tuesday, January 23rd. They set a “buy” rating on the stock. ValuEngine downgraded shares of F.N.B. from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $16.50 price objective on shares of F.N.B. in a report on Friday, December 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $17.10.

F.N.B. Corp (FNB) opened at $14.25 on Thursday. F.N.B. Corp has a fifty-two week low of $12.02 and a fifty-two week high of $16.33. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $4,496.17, a P/E ratio of 14.79, a P/E/G ratio of 1.29 and a beta of 0.91.

F.N.B. (NYSE:FNB) last issued its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.24 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.24. F.N.B. had a net margin of 16.00% and a return on equity of 6.69%. The company had revenue of $295.14 million for the quarter, compared to the consensus estimate of $295.89 million. During the same quarter in the prior year, the company earned $0.24 EPS. analysts expect that F.N.B. Corp will post 1.13 earnings per share for the current year.

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F.N.B. 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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