F.N.B. Corporation (NYSE:FNB) insider Gary L. Guerrieri sold 7,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $13.19, for a total value of $92,330.00. Following the completion of the sale, the insider now owns 38,407 shares in the company, valued at $506,588.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

F.N.B. Corporation (NYSE FNB) traded down 1.38% during mid-day trading on Friday, hitting $12.90. The company had a trading volume of 581,506 shares. The firm has a market capitalization of $4.14 billion, a PE ratio of 16.60 and a beta of 0.94. F.N.B. Corporation has a 12-month low of $11.86 and a 12-month high of $16.43. The company’s 50 day moving average price is $13.85 and its 200-day moving average price is $14.44.

F.N.B. Corporation (NYSE:FNB) last announced its quarterly earnings results on Thursday, July 20th. The bank reported $0.23 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. F.N.B. Corporation had a net margin of 19.43% and a return on equity of 6.97%. The business had revenue of $284.50 million for the quarter, compared to analysts’ expectations of $294.39 million. During the same quarter last year, the firm earned $0.22 EPS. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. On average, analysts forecast that F.N.B. Corporation will post $0.95 EPS for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in FNB. BlackRock Inc. boosted its position in shares of F.N.B. Corporation by 25,256.7% in the first quarter. BlackRock Inc. now owns 36,800,404 shares of the bank’s stock valued at $547,224,000 after buying an additional 36,655,273 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of F.N.B. Corporation by 55.1% in the first quarter. Vanguard Group Inc. now owns 26,358,126 shares of the bank’s stock valued at $391,945,000 after buying an additional 9,358,583 shares during the last quarter. State Street Corp boosted its position in shares of F.N.B. Corporation by 44.6% in the first quarter. State Street Corp now owns 17,551,631 shares of the bank’s stock valued at $260,994,000 after buying an additional 5,411,024 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of F.N.B. Corporation by 21.8% in the first quarter. Dimensional Fund Advisors LP now owns 15,455,870 shares of the bank’s stock valued at $229,830,000 after buying an additional 2,768,360 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its position in shares of F.N.B. Corporation by 16.6% in the second quarter. Neuberger Berman Group LLC now owns 11,400,820 shares of the bank’s stock valued at $161,436,000 after buying an additional 1,620,392 shares during the last quarter. 75.89% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently commented on FNB. BidaskClub lowered F.N.B. Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Zacks Investment Research upgraded F.N.B. Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 24th. FIG Partners upgraded F.N.B. Corporation from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a report on Monday, July 24th. Boenning Scattergood reaffirmed a “hold” rating on shares of F.N.B. Corporation in a research report on Friday, July 21st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $18.00 target price on shares of F.N.B. Corporation in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $17.75.

About F.N.B. Corporation

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.

Insider Buying and Selling by Quarter for F.N.B. Corporation (NYSE:FNB)

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