Analysts See $0.57 EPS for Fifth Third Bancorp (FITB) as of July, 19

June 29, 2018 - By Matthew Medley

Fifth Third Bancorp (NASDAQ:FITB) Corporate Logo
Big Money Sentiment decreased to 0.72 in Q1 2018. It has change of 0.26, from 2017Q4’s 0.98. The ratio dropped due to Fifth Third Bancorp positioning: 35 sold and 238 reduced. 56 funds amassed positions and 141 increased positions. Investors holded 562.64 million in 2017Q4 but now own 547.18 million shares or 2.75% less.
Toronto Dominion Financial Bank has invested 0.03% in Fifth Third Bancorp (NASDAQ:FITB). Capwealth Advisors Lc accumulated 130,645 shs. Louisiana State Employees Retirement reported 0.06% stake. Citigroup invested in 0.01% or 518,329 shs. Bridgeway Capital Management invested in 0.67% or 1.96 million shs. Qs Invsts Lc invested in 0.01% or 20,523 shs. Acropolis Inv stated it has 40,472 shs. State Of Alaska Department Of Revenue holds 112,293 shs. Moreover, First Quadrant Limited Partnership Ca has 0.04% invested in Fifth Third Bancorp (NASDAQ:FITB) for 62,914 shs. Walter And Keenan Financial Consulting Com Mi Adv owns 1.36% invested in Fifth Third Bancorp (NASDAQ:FITB) for 99,194 shs. Lynch & Associate In holds 18,051 shs or 0.22% of its capital. Nomura Incorporated has invested 0% in Fifth Third Bancorp (NASDAQ:FITB). Ct Mason holds 2.82% of its capital in Fifth Third Bancorp (NASDAQ:FITB) for 163,906 shs. Century, a Missouri-based fund reported 362,132 shs. Bluestein R H has 10,000 shs for 0.02% of their capital.

Fifth Third Bancorp registered $6.84 million net activity with 0 insider purchases and 11 selling transactions since February 5, 2018. ANDERSON LARS C sold $530,570 worth of stock or 16,485 shs. 568 shs were sold by McWilliams Jelena, worth $19,218 on Friday, March 16. Another trade for 87,613 shs valued at $2.84M was made by CARMICHAEL GREG D on Tuesday, February 13. $134,400 worth of Fifth Third Bancorp (NASDAQ:FITB) was sold by Immaneni Aravind. Leonard James C. sold $1.18 million worth of Fifth Third Bancorp (NASDAQ:FITB) or 35,000 shs on Wednesday, February 21. 3,700 Fifth Third Bancorp (NASDAQ:FITB) shs with value of $119,895 were sold by Hoover Jewell D.

Fifth Third Bancorp (NASDAQ:FITB)’s earnings report is awaited on July, 19 before the open., according to Faxor. The EPS diference is $0.11 or 23.91 % up from last years number. Previous year: $0.46; Analysts forcast: $0.57. If reported the P/E will be 12.88 with $386.42 million profit. After $0.57 EPS was announced last quarter, analysts now see EPS growth of 0.00 % for Fifth Third Bancorp. The stock increased 2.19% or $0.63 during the last trading session, reaching $29.37.Fifth Third Bancorp has volume of 2.82 million shares. Since June 29, 2017 FITB has risen 28.16% and is uptrending. FITB outperformed the S&P500 by 15.59%.

Fifth Third Bancorp (NASDAQ:FITB) Ratings Coverage

In total 15 analysts cover Fifth Third Bancorp (NASDAQ:FITB). “Buy” rating has 3, “Sell” are 1, while 11 are “Hold”. (NASDAQ:FITB) has 20% bullish analysts. 24 are the (NASDAQ:FITB)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, April 4. In Tuesday, May 22 report Macquarie Research upgraded the stock to “Hold” rating. On Tuesday, April 24 the stock of Fifth Third Bancorp (NASDAQ:FITB) has “Sell” rating given by Robert W. Baird. On Tuesday, April 24 the firm earned “Hold” rating by Susquehanna. The company rating was maintained by Jefferies on Wednesday, April 4. On Monday, May 21 Nomura downgraded Fifth Third Bancorp (NASDAQ:FITB) to “Reduce” rating. On Wednesday, January 24 the firm has “Neutral” rating by Bank of America given. In Tuesday, January 2 report Robert W. Baird maintained it with “Sell” rating and $29.0 target. On Monday, April 30 Morgan Stanley maintained Fifth Third Bancorp (NASDAQ:FITB) with “Equal-Weight” rating. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, January 26.

Fifth Third Bancorp operates as a diversified financial services firm in the United States.The firm is valued at $19.91 billion. It operates through four divisions: Commercial Banking, Branch Banking, Consumer Lending, and Wealth and Asset Management.The P/E ratio is 8.57. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.

A couple more Fifth Third Bancorp (NASDAQ:FITB) news were released by: Nasdaq.com which released on June 27, 2018 “Research Report Identifies Citizens Financial Group, Fifth Third, KKR & Co., Vista Outdoor, Devon Energy, and Lexicon …”, also Benzinga.com on June 14, 2018 released “Fifth Third Is Worth A Premium Despite Sluggish Loan Growth, Argus Says In Bullish Initiation”, the next Seekingalpha.com is “Federal Reserve objects to Deutsche Bank USA’s capital return plan” on June 28, 2018. Streetinsider.com has article titled “Fifth Third Bancorp (FITB) Releases Results of Stress Test”.

Fifth Third Bancorp (NASDAQ:FITB) Institutional Investors Chart

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