Delta Lloyd NV held its stake in shares of Fifth Third Bancorp (NASDAQ:FITB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,967 shares of the financial services provider’s stock at the end of the third quarter. Delta Lloyd NV’s holdings in Fifth Third Bancorp were worth $1,513,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Duncker Streett & Co. Inc. boosted its stake in Fifth Third Bancorp by 0.3% in the second quarter. Duncker Streett & Co. Inc. now owns 6,419 shares of the financial services provider’s stock worth $113,000 after buying an additional 20 shares during the last quarter. JFS Wealth Advisors LLC boosted its position in shares of Fifth Third Bancorp by 0.3% in the third quarter. JFS Wealth Advisors LLC now owns 11,127 shares of the financial services provider’s stock worth $228,000 after buying an additional 31 shares during the last quarter. Woodstock Corp boosted its position in shares of Fifth Third Bancorp by 0.5% in the second quarter. Woodstock Corp now owns 15,625 shares of the financial services provider’s stock worth $275,000 after buying an additional 75 shares during the last quarter. Washington Trust Bank boosted its position in shares of Fifth Third Bancorp by 0.4% in the third quarter. Washington Trust Bank now owns 21,687 shares of the financial services provider’s stock worth $444,000 after buying an additional 79 shares during the last quarter. Finally, Banced Corp boosted its position in shares of Fifth Third Bancorp by 0.7% in the second quarter. Banced Corp now owns 18,101 shares of the financial services provider’s stock worth $342,000 after buying an additional 117 shares during the last quarter. 81.31% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

Shares of Fifth Third Bancorp (NASDAQ:FITB) traded up 2.48% during mid-day trading on Wednesday, hitting $26.02. The firm’s 50-day moving average price is $22.58 and its 200-day moving average price is $19.92. The company has a market capitalization of $19.66 billion, a PE ratio of 11.54 and a beta of 1.20. Fifth Third Bancorp has a 52-week low of $13.84 and a 52-week high of $26.62.

Fifth Third Bancorp (NASDAQ:FITB) last announced its quarterly earnings data on Thursday, October 20th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.24. Fifth Third Bancorp had a return on equity of 10.00% and a net margin of 24.69%. During the same period in the prior year, the company posted $0.45 earnings per share. Equities research analysts predict that Fifth Third Bancorp will post $1.88 earnings per share for the current fiscal year.

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A number of equities analysts have recently commented on the stock. Deutsche Bank AG lifted their target price on shares of Fifth Third Bancorp from $21.00 to $24.00 and gave the company a “hold” rating in a report on Wednesday. Wedbush lifted their target price on shares of Fifth Third Bancorp from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday. Compass Point cut shares of Fifth Third Bancorp from a “buy” rating to a “neutral” rating in a report on Friday, November 18th. Sanford C. Bernstein cut shares of Fifth Third Bancorp from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $23.00 to $26.00 in a report on Wednesday, November 16th. They noted that the move was a valuation call. Finally, Robert W. Baird cut shares of Fifth Third Bancorp from a “neutral” rating to an “underperform” rating and lifted their target price for the company from $19.00 to $21.00 in a report on Wednesday, November 16th. Three research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and six have given a buy rating to the company’s stock. Fifth Third Bancorp currently has a consensus rating of “Hold” and a consensus target price of $21.07.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp is a bank holding company and a financial holding company. The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States.

5 Day Chart for NASDAQ:FITB

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