F.N.B. Corporation (FNB) : During the past 4 weeks, traders have been relatively bearish on F.N.B. Corporation (FNB), hence the stock is down -9.77% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3% relative to the S&P 500. The 4-week change in the price of the stock is -8.84% and the stock has fallen -2.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 3.33%. F.N.B. Corporation (NYSE:FNB): On Fridays trading session , Opening price of the stock was $12.19 with an intraday high of $12.23. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.12. However, the stock managed to close at $12.17, a loss of 1.14% for the day. On the previous day, the stock had closed at $12.31. The total traded volume of the day was 1,765,064 shares.
The company Insiders own 1.63% of F.N.B. Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.29% . Institutional Investors own 68.81% of F.N.B. Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 4.41%. Also, Equity Analysts at the Brokerage Firm, JP Morgan, maintains their rating on the shares of F.N.B. Corporation (NYSE:FNB). JP Morgan has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $13 per share from a prior target of $14. The rating by the firm was issued on July 7, 2016.
F.N.B. Corporation is a financial holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. The Companys 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 instalment loans. The Companys Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of Community Banking. The Companys Insurance segment operates principally through First National Insurance Agency, LLC (FNIA), which is a subsidiary of the Corporation. The Companys Consumer Finance segment operates through its subsidiary, Regency Finance Company.