Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Will JPMorgan Upgrade to Overweight from Neutral Be a Tailwind For F.N.B. Corp (NYSE:FNB) Stock Today?

F.N.B. Corp (NYSE:FNB) Rating Upped

In analysts report issued on Tuesday morning, analysts at JPMorgan’s equity division upgraded F.N.B. Corp (NYSE:FNB)’s Stock from Neutral to Overweight.

Despite the stock upgrade NYSE:FNB is now trading 0.00% lower at $13.49 as of 2:04 AM New York time. F.N.B. Corp shares have [From2] 0% in the last 200 days, while the S&P500 Index has added 6.00% during the same time.

Institutional Ownership

Pl Capital Advisors Llc had the most significant stake with ownership of 2.86M shares as of q2 2015 for 11.34% of the stocks portfolio. Financial Advantage Inc. is another bull as the active investment manager who is owning 441,217 shares of F.N.B. Corp or 5.01% of their stocks portfolio. Also, First National Trust Co have 2.63% of their stocks portfolio invested in the company for 1.42M shares. The New York-based fund Hamlin Capital Management Llc revealed it had acquired a stake worth about 2.45% of the active investment manager’s stock portfolio in F.N.B. Corp. The Florida-based fund Deprince Race & Zollo Inc is also positive about the stock, possessing 4.30M shares or 1.13% of their stocks portfolio.

F.N.B. Corp (NYSE:FNB) Profile

F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance.

F.N.B. Corp (NYSE:FNB) closed at $13.49 yesterday. A total of shares of the company’s stock traded hands. This is down from average of 2.56M shares. F.N.B. Corp has a 52 week low of $11.69 and a 52 week high of $16.43. The company has a market cap of $4.39B and a P/E ratio of 18.19.

Get the latest F.N.B. Corp (NYSE:FNB) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will JPMorgan Upgrade to Overweight from Neutral Be a Tailwind For F.N.B. Corp (NYSE:FNB) Stock Today? appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

Share the post

Will JPMorgan Upgrade to Overweight from Neutral Be a Tailwind For F.N.B. Corp (NYSE:FNB) Stock Today?

×

Subscribe to Octafinance – Financial News, Reports And Intell

Get updates delivered right to your inbox!

Thank you for your subscription

×