Maltese Capital Management LLC Sells 105,000 Shares of Fifth Third Bancorp $FITB

Maltese Capital Management LLC cut its holdings in Fifth Third Bancorp (NASDAQ:FITBFree Report) by 80.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,000 shares of the financial services provider’s stock after selling 105,000 shares during the quarter. Maltese Capital Management LLC’s holdings in Fifth Third Bancorp were worth $1,114,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FITB. Westside Investment Management Inc. lifted its holdings in shares of Fifth Third Bancorp by 100.0% in the third quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 292 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of Fifth Third Bancorp in the 2nd quarter valued at approximately $26,000. United Community Bank grew its holdings in shares of Fifth Third Bancorp by 581.0% during the 3rd quarter. United Community Bank now owns 681 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 581 shares during the last quarter. Guerra Advisors Inc acquired a new position in Fifth Third Bancorp during the 3rd quarter worth approximately $51,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in Fifth Third Bancorp during the 2nd quarter worth approximately $48,000. Institutional investors own 83.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on FITB shares. Weiss Ratings upgraded shares of Fifth Third Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. DA Davidson increased their price target on Fifth Third Bancorp from $52.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Evercore raised their price objective on Fifth Third Bancorp from $52.00 to $57.00 and gave the company an “in-line” rating in a report on Thursday, February 5th. Janney Montgomery Scott boosted their price objective on Fifth Third Bancorp from $51.00 to $56.25 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Finally, Wolfe Research upped their target price on Fifth Third Bancorp from $55.00 to $57.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Seventeen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $56.99.

Check Out Our Latest Report on Fifth Third Bancorp

Fifth Third Bancorp Trading Up 1.6%

Shares of NASDAQ FITB opened at $44.10 on Tuesday. The firm has a 50 day moving average price of $50.36 and a two-hundred day moving average price of $46.59. The stock has a market cap of $39.94 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 0.88 and a beta of 0.96. Fifth Third Bancorp has a 52-week low of $32.25 and a 52-week high of $55.44. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.82 and a current ratio of 0.83.

More Fifth Third Bancorp News

Here are the key news stories impacting Fifth Third Bancorp this week:

  • Positive Sentiment: JPMorgan has resumed coverage of FITB with an Overweight rating and a $50.50 price target, signaling analyst conviction on upside potential and likely supporting buying interest. Article Title
  • Positive Sentiment: Media attention on Fifth Third’s money-market rates is driving consumer inflows discussions — higher deposit rates can attract balances and support funding/capital stability if sustained. Article Title Article Title
  • Neutral Sentiment: Truist reaffirmed its Buy rating on FITB but trimmed its price target (reported separately), a mixed signal: endorsement of fundamentals but a lower valuation ceiling. Article Title Article Title
  • Neutral Sentiment: Industry roundups and analyst call lists have highlighted FITB among bank coverage updates — keeps the stock on traders’ radar but is low direct-impact news. Article Title
  • Neutral Sentiment: A deeper take on valuation argues FITB still trades like a cyclical bank, highlighting sensitivity to economic/loan-cycle swings — a reminder valuations could compress if macro risks rise. Article Title
  • Negative Sentiment: Lowey Dannenberg launched a shareholder investigation alleging potential fiduciary breaches by FITB’s board — this legal/special‑situation risk could weigh on sentiment until resolved. Article Title

About Fifth Third Bancorp

(Free Report)

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.

Further Reading

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Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

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