Media stories about Financial Institutions (NASDAQ:FISI) have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Financial Institutions earned a news sentiment score of 1.13 on their scale. InfoTrie also assigned news stories about the bank an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the near future.

Shares of NASDAQ:FISI traded up $0.29 during trading on Tuesday, reaching $28.33. The stock had a trading volume of 1,746 shares, compared to its average volume of 35,286. Financial Institutions has a 52 week low of $24.49 and a 52 week high of $34.35. The firm has a market cap of $448.08 million, a price-to-earnings ratio of 11.02 and a beta of 0.89. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.10.

Financial Institutions (NASDAQ:FISI) last released its quarterly earnings results on Tuesday, April 30th. The bank reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.09. Financial Institutions had a net margin of 21.36% and a return on equity of 11.79%. The company had revenue of $40.91 million for the quarter, compared to analyst estimates of $41.20 million. Research analysts predict that Financial Institutions will post 2.76 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on the stock. BidaskClub lowered shares of Financial Institutions from a “sell” rating to a “strong sell” rating in a report on Friday. Zacks Investment Research upgraded shares of Financial Institutions from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Wednesday, February 6th. Finally, ValuEngine lowered shares of Financial Institutions from a “hold” rating to a “sell” rating in a research report on Tuesday, March 12th.

In related news, insider Joseph L. Dugan bought 10,600 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The shares were acquired at an average price of $28.45 per share, with a total value of $301,570.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Martin Kearney Birmingham bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were bought at an average cost of $28.33 per share, for a total transaction of $28,330.00. Following the transaction, the chief executive officer now directly owns 78,454 shares of the company’s stock, valued at approximately $2,222,601.82. The disclosure for this purchase can be found here. Company insiders own 4.34% of the company’s stock.

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Financial Institutions Company Profile

Financial Institutions, Inc operates as the holding company for Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. It operates in two segments, Banking and Non-Banking. The company offers checking and savings account programs, including money market accounts, certificates of deposit, and sweep investments, as well as individual retirement and other qualified plan accounts.

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