Has $1.96 Million Holdings in Fifth Third Bancorp (FITB)

Korea Inv holds 0.03% in Fifth Third Bancorp (NASDAQ:FITB) or 264,123 shares. Legal & General Group Plc now owns 3,942,017 shares of the financial services provider's stock worth $110,295,000 after acquiring an additional 71,404 shares in the last quarter. Cibc Asset Mgmt reported 0.01% in Fifth Third Bancorp (NASDAQ:FITB). Janney Montgomery Scott LLC increased its holdings in shares of Fifth Third Bancorp by 5.8% in the 2nd quarter. Sun Life Financial INC now owns 5,515 shares of the financial services provider's stock valued at $143,000 after purchasing an additional 5,505 shares during the last quarter. Global X Management Co. Finally, Russell Investments Group Ltd. grew its position in Fifth Third Bancorp by 3.0% in the 3rd quarter. Finally, Pioneer Investment Management Inc. boosted its position in shares of Fifth Third Bancorp by 310.1% during the 2nd quarter. The firm owned 71,429,707 shares of the company's stock after buying an additional 11,353,084 shares during the period. Hedge funds and other institutional investors own 83.97% of the company's stock.

Return on assets for Fifth Third Bancorp is valued at 1.40%, outlining the total sum of profit the company cultivates as a percentage of the value of its total assets.

Fifth Third Bancorp (FITB) stock directed 12.56% toward a higher level throughout a year ago and swapped 7.31% toward a strong spot during past one month. The company has a market cap of $21,428.50, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 2.53 and a beta of 1.35.

Shares of Ford Motor Company (NYSE:F) have seen a movement of -0.24% in the most recent session.

Fifth Third Bancorp (NASDAQ:FITB) last released its quarterly earnings data on Tuesday, October 24th.

For the current quarter, 27 analysts are projecting a mean EPS of $0.49/share. UBS reaffirmed a "sell" rating and issued a $26.00 target price (up previously from $25.00) on shares of Fifth Third Bancorp in a report on Friday, October 6th. Comparatively, FITB posted earnings of $0.47 per share in the same quarter, a year earlier. Following the completion of the transaction, the executive vice president now owns 154,577 shares in the company, valued at approximately $4,461,092.22.

BLACKROCK INC. lowered its stake in Ford Motor Company (NYSE:F) by 3.02% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

Japan's Nikkei 225 stock index was up 0.3 percent at 22,884.38 and Hong Kong's Hang Seng index gained 0.5 percent to 28,786.69.

A number of brokerages have recently weighed in on FITB. The rating was maintained by Piper Jaffray with "Hold" on Tuesday, August 15. Fifth Third Bancorp (FITB) now has 705580 shares outstanding, which means that its market capitalization is $21.56B.

Fifth Third Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 2.2%. The stock of Fifth Third Bancorp (NASDAQ:FITB) has "Neutral" rating given on Thursday, September 28 by Nomura. Four investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and two have given a buy rating to the company. Meanwhile, the average 12-month price target from Wall Street analysts is now $29.13, this means that the stock is overpriced by -4.257%. Fifth Third Bancorp (NASDAQ:FITB) has risen 33.30% since December 12, 2016 and is uptrending. If you are accessing this piece on another website, it was stolen and reposted in violation of US and worldwide copyright and trademark legislation. The company operates in the Financial Services sector with a market capitalization of 21.39 Million. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.20 as current ratio and on the opponent side the debt to equity ratio was 4.49 and long-term debt to equity ratio also remained 2.95. The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FITB.

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