Economy

Peoples Financial Corporation Announces Quarterly Dividend of $0.01 (NASDAQ:PFBX)

The share price has already crossed its 20 days moving average, floating at a distance of 1.82% and sits 2.07% higher versus its 50 days moving average. The shares were sold at an average price of $18.00, for a total transaction of $27,000.00. Schwab Charles Investment Management Inc. owned about 0.60% of Fulton Financial Corporation worth $19,819,000 as of its most recent filing with the Securities and Exchange Commission.

In other Fulton Financial Corp news, insider Curtis J. Myers sold 9,285 shares of the company's stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $18.35, for a total transaction of $101,640.65. The disclosure for this sale can be found here.

A number of brokerages have issued reports on FULT. Bank of Montreal Can grew its position in Fulton Financial Corporation by 1.3% during the first quarter. State Street Corp increased its position in Fulton Financial Corp by 11.7% in the fourth quarter.

Since April 12, 2017, it had 2 insider buys, and 0 sales for $28,200 activity. Great West Life Assurance Co. Finally, World Asset Management Inc grew its stake in shares of Fulton Financial Corporation by 1.9% during the first quarter. Can now owns 100,183 shares of the bank's stock worth $1,783,000 after buying an additional 5,057 shares in the last quarter.

Waterstone Capital Management L.P. holds 3.12% of its portfolio in State Bank Financial Corp for 198,135 shares. Finally, Dimensional Fund Advisors LP increased its position in Fulton Financial Corp by 1.9% in the fourth quarter. World Asset Management Inc now owns 10,768 shares of the bank's stock valued at $192,000 after acquiring an additional 199 shares in the last quarter.

Several analysts have recently weighed in on the company. BidaskClub lowered Fulton Financial Corporation from a "sell" rating to a "strong sell" rating in a report on Saturday, August 12th. Zacks Investment Research raised shares of Fulton Financial Corp from a "hold" rating to a "buy" rating and set a $21.00 price objective for the company in a research report on Tuesday, January 10th. ValuEngine upgraded shares of Fulton Financial Corporation from a "hold" rating to a "buy" rating in a report on Tuesday, June 6th.

On July 13 analysts at Stephens & Co. added FULT to its research portfolio by announcing an initial rating of "Equal-Weight". Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company.

Shares of Peoples Financial Corporation (NASDAQ PFBX) opened at 13.90 on Thursday. Fulton Financial Corporation has a 52 week low of $14.04 and a 52 week high of $19.90. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 18.99 and a beta of 1.16. The stock's last price was higher from the average trading price of 50 days recorded at $17.7 while enlarging the period to 200 trading days, the average price was $18.28.

Peoples Financial Corporation (NASDAQ:PFBX) last issued its quarterly earnings results on Wednesday, July 26th. The company's quarterly EPS surprised Wall Street by as much as -50% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Fulton Financial Corporation had a net margin of 20.86% and a return on equity of 8.02%. During the same period a year ago, the business posted $0.22 earnings per share. For the next financial year, analysts forecast that the company will report earnings of $1.12 per share, with EPS estimates ranging from $1.10 to $1.16.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. This represents a $0.44 dividend on an annualized basis and a yield of 2.32%.

On a similar note, analysts expect EPS of $0.07 in September 2017 quarter and $0.24 in December 2017 quarter, representing -46.15% and 0% growth, respectively.

Fulton Financial Cor (FULT) presently has a 14-day Commodity Channel Index (CCI) of 168.41.

TRADEMARK VIOLATION WARNING: This report was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & global copyright law.

Peoples Financial Corporation is a bank holding company, which operates in the state of Mississippi through its subsidiary, The Peoples Bank, Biloxi, Mississippi (the Bank).



Like this

loading...
loading...

Latest


29 September 2017
Kim Kardashian confirms she's expecting third child
In October 2013 , Kanye surprised Kim with a 15-carat diamond ring at San Francisco's AT&T Park and asked her to be his wife. Kardashian has been open about her interest in surrogacy since she was told it's not safe for her to carry a third child.

29 September 2017
Woman leaves 4 kids at home, goes on European vacation
An Iowa mother was arrested Thursday, charged with leaving her four young children at home while she traveled to Europe. It's like a real-life version of the movie "Home Alone", except in this case, the children were purposely left behind.

29 September 2017
The Trump Administration Is Targeting Anti-Trump Facebook Users
One of them, Talarico, ran the disruptj20 page which was used to coordinate the Inauguration Day protests a year ago . These warrants were first reported by LawNewz .com.

29 September 2017
Russian Federation is world leader in increase of dollar millionaire
This category, according to the criteria for the report, includes people with a fortune of $30 million are classified. While the ranks of the millionaire next door, with $1 million to $5 million in investable assets, .

29 September 2017
ConAgra Foods Inc. to Issue Quarterly Dividend of $0.21 (CAG)
ILLEGAL ACTIVITY NOTICE: This report was originally published by TrueBlueTribune and is the sole property of of TrueBlueTribune. On average, analysts anticipate that ConAgra Foods Inc . will post $1.86 earnings per share for the current fiscal year.

29 September 2017
Opposition Leader, Navalny Detained By Russian Police
Russian Federation is set to hold an election in March, with President Vladimir Putin expected to seek another term. He called on his supporters to show up at the rally in Nizhny Novgorod anyway.

29 September 2017
Juncker: no talk on Britain-EU trade deal yet
Brexit Secretary David Davis during a Sunday interview on the BBC: "I mean firstly in 2019 we will leave". He added that "I don't know whether we will be able to make that call until later in the month".

29 September 2017
Inter Milan chief confirms transfer interest in Mesut Ozil
Inter have made an impressive start to their season and are two points behind joint leaders Napoli and Juventus . But it remains to be seen if the club can convince him to sign a new deal before the end of the year.

29 September 2017
McGregor's coach Kavanagh wants St Patrick's Day trilogy fight with Diaz
Should McGregor not fight until March however, that would give the eventual number one contender more than five months to prepare.

29 September 2017
Congressman Thompson: Federal Response in Puerto Rico Woefully Inadequate
Hearing of supplies floundering and not getting to suffering Puerto Ricans is frustrating to the volunteers behind this effort. When you go to Puerto Rico you don't even get charged roaming charges - that's how American Puerto Rico is.