First National Trust Co decreased its holdings in First Commonwealth Financial Corporation (NYSE:FCF) by 24.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,773 shares of the bank’s stock after selling 7,203 shares during the period. First National Trust Co’s holdings in First Commonwealth Financial were worth $326,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FCF. Ameritas Investment Partners Inc. raised its stake in First Commonwealth Financial by 11.1% in the second quarter. Ameritas Investment Partners Inc. now owns 8,496 shares of the bank’s stock valued at $108,000 after buying an additional 846 shares during the period. Quantbot Technologies LP bought a new stake in First Commonwealth Financial in the second quarter valued at approximately $113,000. Algert Global LLC bought a new stake in First Commonwealth Financial in the third quarter valued at approximately $141,000. Amalgamated Bank raised its stake in First Commonwealth Financial by 9.7% in the second quarter. Amalgamated Bank now owns 13,150 shares of the bank’s stock valued at $167,000 after buying an additional 1,160 shares during the period. Finally, NEXT Financial Group Inc bought a new stake in First Commonwealth Financial in the third quarter valued at approximately $181,000. Hedge funds and other institutional investors own 65.64% of the company’s stock.

First Commonwealth Financial Corporation (NYSE:FCF) opened at $15.14 on Friday. First Commonwealth Financial Corporation has a 12-month low of $12.05 and a 12-month high of $15.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $1,451.17, a P/E ratio of 17.94 and a beta of 0.98.

First Commonwealth Financial (NYSE:FCF) last posted its earnings results on Wednesday, October 25th. The bank reported $0.22 EPS for the quarter, beating the consensus estimate of $0.20 by $0.02. First Commonwealth Financial had a return on equity of 9.53% and a net margin of 21.96%. The company had revenue of $80.46 million for the quarter, compared to the consensus estimate of $79.29 million. During the same quarter in the prior year, the business earned $0.19 earnings per share. The firm’s revenue for the quarter was up 20.8% on a year-over-year basis. sell-side analysts expect that First Commonwealth Financial Corporation will post 0.82 EPS for the current fiscal year.

Several analysts have issued reports on FCF shares. Keefe, Bruyette & Woods restated a “hold” rating and issued a $14.00 price objective on shares of First Commonwealth Financial in a research note on Wednesday, October 4th. Zacks Investment Research lowered First Commonwealth Financial from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. ValuEngine lowered First Commonwealth Financial from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. FBR & Co restated a “neutral” rating and issued a $14.00 price objective on shares of First Commonwealth Financial in a research note on Friday, October 27th. Finally, Boenning Scattergood restated a “hold” rating on shares of First Commonwealth Financial in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $10.83.

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About First Commonwealth Financial

First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.

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Institutional Ownership by Quarter for First Commonwealth Financial (NYSE:FCF)

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