Shares of FB Financial Corp (NYSE:FBK) have received an average rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $41.20.

A number of brokerages recently commented on FBK. UBS began coverage on shares of FB Financial in a research note on Thursday. They set a “neutral” rating and a $44.00 price target on the stock. Zacks Investment Research upgraded shares of FB Financial from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Wednesday, January 3rd. Finally, ValuEngine upgraded shares of FB Financial from a “hold” rating to a “buy” rating in a research note on Monday, February 5th.

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Hedge funds and other institutional investors have recently bought and sold shares of the business. Legal & General Group Plc lifted its stake in FB Financial by 70.9% in the 3rd quarter. Legal & General Group Plc now owns 3,195 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,326 shares in the last quarter. Delta Asset Management LLC TN lifted its stake in FB Financial by 1,000.0% in the 4th quarter. Delta Asset Management LLC TN now owns 3,300 shares of the financial services provider’s stock worth $139,000 after purchasing an additional 3,000 shares in the last quarter. Nationwide Fund Advisors lifted its stake in FB Financial by 78.1% in the 2nd quarter. Nationwide Fund Advisors now owns 3,950 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 1,732 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in FB Financial in the 3rd quarter worth approximately $202,000. Finally, Trustcore Financial Services LLC purchased a new stake in FB Financial in the 4th quarter worth approximately $227,000. Institutional investors and hedge funds own 36.15% of the company’s stock.

Shares of FB Financial (NYSE FBK) traded down $0.76 during mid-day trading on Friday, hitting $41.58. 43,301 shares of the company were exchanged, compared to its average volume of 108,533. The stock has a market cap of $1,266.31, a PE ratio of 23.01 and a beta of 1.48. The company has a quick ratio of 0.83, a current ratio of 0.95 and a debt-to-equity ratio of 0.24. FB Financial has a 12 month low of $30.78 and a 12 month high of $45.43.

FB Financial (NYSE:FBK) last announced its quarterly earnings results on Monday, January 22nd. The financial services provider reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.06. The company had revenue of $86.00 million for the quarter, compared to analysts’ expectations of $79.79 million. FB Financial had a net margin of 16.84% and a return on equity of 11.95%. sell-side analysts anticipate that FB Financial will post 2.96 EPS for the current fiscal year.

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About FB Financial

FB Financial Corporation is the holding company for FirstBank (the Bank). The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Bank provides a suite of commercial and consumer banking services to clients in select markets in Tennessee, North Alabama and North Georgia.

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