Fulton Financial Corp. (NASDAQ:FULT) was down 1.4% during trading on Monday . The company traded as low as $13.80 and last traded at $13.84, with a volume of 337,864 shares traded. The stock had previously closed at $14.04.

A number of equities research analysts have recently commented on FULT shares. Zacks Investment Research raised shares of Fulton Financial Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Tuesday, June 21st. Barclays PLC raised their price objective on shares of Fulton Financial Corp. from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, March 28th. Finally, Boenning Scattergood cut shares of Fulton Financial Corp. from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 21st. Nine research analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and a consensus target price of $13.44.

The stock has a market cap of $2.41 billion and a P/E ratio of 16.38. The firm’s 50-day moving average price is $13.71 and its 200 day moving average price is $13.27.

Fulton Financial Corp. (NASDAQ:FULT) last issued its quarterly earnings data on Tuesday, July 19th. The company reported $0.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. Equities research analysts forecast that Fulton Financial Corp. will post $0.89 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 1st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend was Wednesday, June 29th. This is a positive change from Fulton Financial Corp.’s previous quarterly dividend of $0.09.

Other large investors have recently modified their holdings of the company. Retirement Systems of Alabama boosted its stake in shares of Fulton Financial Corp. by 0.8% in the fourth quarter. Retirement Systems of Alabama now owns 223,621 shares of the company’s stock worth $2,909,000 after buying an additional 1,758 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Fulton Financial Corp. by 0.9% in the fourth quarter. Rhumbline Advisers now owns 427,888 shares of the company’s stock worth $5,567,000 after buying an additional 3,800 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Fulton Financial Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 327,463 shares of the company’s stock worth $4,260,000 after buying an additional 5,260 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Fulton Financial Corp. by 15.5% in the fourth quarter. ProShare Advisors LLC now owns 86,015 shares of the company’s stock worth $1,119,000 after buying an additional 11,532 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Fulton Financial Corp. by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 562,614 shares of the company’s stock worth $7,320,000 after buying an additional 16,753 shares in the last quarter.

Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its six wholly owned banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A.

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