21,014 Shares in F.N.B. Co. (NYSE:FNB) Purchased by Oxford Asset Management LLP

Oxford Asset Management LLP purchased a new stake in shares of F.N.B. Co. (NYSE:FNB - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 21,014 shares of the bank's stock, valued at approximately $311,000.

Several other institutional investors have also added to or reduced their stakes in FNB. Oak Thistle LLC increased its stake in F.N.B. by 117.7% during the 4th quarter. Oak Thistle LLC now owns 95,737 shares of the bank's stock valued at $1,415,000 after purchasing an additional 51,763 shares in the last quarter. Prudential Financial Inc. raised its holdings in F.N.B. by 51.1% in the 4th quarter. Prudential Financial Inc. now owns 112,920 shares of the bank's stock worth $1,669,000 after purchasing an additional 38,180 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in F.N.B. by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,940,425 shares of the bank's stock worth $58,239,000 after purchasing an additional 51,862 shares during the period. Smartleaf Asset Management LLC increased its stake in F.N.B. by 40.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,701 shares of the bank's stock worth $84,000 after buying an additional 1,631 shares in the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in F.N.B. in the 4th quarter worth $386,000. Hedge funds and other institutional investors own 79.25% of the company's stock.

Insider Buying and Selling

In other F.N.B. news, Director William B. Campbell bought 3,000 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average cost of $15.57 per share, with a total value of $46,710.00. Following the acquisition, the director now directly owns 158,834 shares of the company's stock, valued at $2,473,045.38. The trade was a 1.93 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David L. Motley sold 15,000 shares of F.N.B. stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total transaction of $232,650.00. Following the completion of the transaction, the director now directly owns 65,344 shares in the company, valued at $1,013,485.44. The trade was a 18.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.37% of the stock is owned by insiders.

F.N.B. Stock Performance

Shares of NYSE:FNB traded down $0.23 during trading on Wednesday, hitting $13.09. The stock had a trading volume of 3,129,220 shares, compared to its average volume of 2,468,894. F.N.B. Co. has a 12-month low of $10.88 and a 12-month high of $17.70. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 10.39, a price-to-earnings-growth ratio of 3.60 and a beta of 0.86. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.48. The stock has a 50-day simple moving average of $13.21 and a two-hundred day simple moving average of $14.71.

F.N.B. (NYSE:FNB - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The bank reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The company had revenue of $411.61 million for the quarter, compared to analyst estimates of $409.52 million. F.N.B. had a return on equity of 8.30% and a net margin of 18.12%. During the same period last year, the company earned $0.34 earnings per share. On average, equities research analysts expect that F.N.B. Co. will post 1.45 earnings per share for the current fiscal year.

F.N.B. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Monday, March 3rd were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a yield of 3.67%. F.N.B.'s dividend payout ratio is currently 38.10%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FNB. Wells Fargo & Company cut their price objective on F.N.B. from $18.00 to $16.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. DA Davidson reissued a "buy" rating and issued a $19.00 price objective on shares of F.N.B. in a research note on Thursday, April 17th. Piper Sandler decreased their price objective on shares of F.N.B. from $19.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods raised shares of F.N.B. from a "market perform" rating to an "outperform" rating and set a $16.50 price objective for the company in a research note on Monday, April 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, F.N.B. presently has a consensus rating of "Moderate Buy" and an average target price of $17.75.

F.N.B. Company Profile

F.N.B. Corporation, a bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States. The company operates through three segments: Community Banking, Wealth Management, and Insurance.