Trending Stock Analysis: Fifth Third Bancorp (FITB)

The Volatility 3m of Fifth Third Bancorp (NasdaqGS:FITB) is 18.660600. Looking at volatility levels, the stock observed volatility of 1.50% in last week and saw volatility 1.49% over the past one month.

FITB has been the topic of several research reports.

Fifth Third Bancorp (NASDAQ:FITB)posting a -1.41% after which it closed the day' session at $27.97 and sees an average of 5.23M shares trade hands in each session while it's while its relative trading volume is 0.86.

Market capitalization is the total market value of all of a company's outstanding shares. The overall volume in the last trading session was 8,031,926 shares.

Further, we can see that Fifth Third Bancorp (NasdaqGS:FITB) has a Shareholder Yield of 0.045376 and a Shareholder Yield (Mebane Faber) of 0.14753. Finally, Oppenheimer Holdings, Inc. reissued a hold rating on shares of Fifth Third Bancorp in a research note on Saturday, July 22nd.

Analysts have a mean recommendation of 2.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Fifth Third Bancorp (NasdaqGS:FITB) has a current MF Rank of 8781. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 10.093414, and a current Price to Earnings ratio of 13.945294. Fifth Third Bancorp has a 52-week low of 20.30 and a 52-week high of 28.97. The stock is now moving above its 20-Day Simple Moving Average of 0.5% with a 50-Day Simple Moving Average of 3.74 percent.

Institutions own 81.00% of Fifth Third Bancorp (FITB)'s shares. The analysts estimated EPS for the higher end at 0.56 and lower end at 0.45 while the year ago reported earnings per share was 0.45. The firm had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.52 billion. The business's quarterly revenue was up.1% on a year-over-year basis. Year to Date (YTD) performance of Fifth Third Bancorp (FITB) is 4.08 percent while its Performance (Week) is -0.67 percent and Performance (month) is at 3.27 percent.

10/02/2017 - Fifth Third Bancorp was downgraded to "underperform" by analysts at Robert W. Baird.

Fifth Third Bancorp (NASDAQ:FITB) last issued its earnings results on Friday, July 21st. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & global copyright & trademark legislation.

04/10/2017 - Fifth Third Bancorp had its "neutral" rating reiterated by analysts at Piper Jaffray. These ratios are important while doing valuation of the company or the shares of the company. This repurchase authorization authorizes the financial services provider to repurchase up to 67% of its stock through open market purchases. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Investors of record on Friday, September 29th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.28%. Toronto Dominion Bank raised its holdings in Fifth Third Bancorp by 25.3% in the second quarter. The ex-dividend date of this dividend was Thursday, September 28th.

03/20/2017 - Fifth Third Bancorp was upgraded to "neutral" by analysts at Hilliard Lyons. The shares were sold at an average price of $26.21, for a total value of $183,574.84. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Leading up to this report, we have seen a 6.98% rise in the stock price over the last 30 days and a 9.88% increase over the past 3 months.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Short shares grew 1,353 over that timeframe. The firm owned 138,176 shares of the financial services provider's stock after selling 46,530 shares during the period. Janus Henderson Group PLC raised its stake in shares of Fifth Third Bancorp by 7,461.4% during the 2nd quarter. Toronto Dominion Bank now owns 254,772 shares of the financial services provider's stock valued at $6,612,000 after buying an additional 51,384 shares during the period. In addition, the company provides credit life, accident, health and mortgage insurance, discount brokerage services and property management for its properties.

07/24/2017 - Fifth Third Bancorp had its "market perform" rating reiterated by analysts at BMO Capital Markets. This ratio has been calculated by dividing the current share price by the book value per share.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.

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