November 29, 2016 - By Linda Rogers
As discovered in the U.S. SEC, a legal document for the sale of 344 shares of Fulton Financial Corp by Patrick Freer was filled. Patrick Freer serves as a shareholder of the public company. The public document was filled on November 29, 2016. These shares were unloaded at average $18.0 of a share, and are worth based on the market $6,198 US Dollars. Patrick Freer owns exactly 0.06% of Fulton Financial Corp’s stock market capitalization or 111,031 shares.
Out of 8 analysts covering Fulton Financial Corp. (NASDAQ:FULT), 0 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 0 are positive. $19 is the highest target while $11 is the lowest. The $14 average target is -21.13% below today’s ($17.75) stock price. Fulton Financial Corp. has been the topic of 13 analyst reports since July 24, 2015 according to StockzIntelligence Inc. FBR Capital maintained Fulton Financial Corp (NASDAQ:FULT) rating on Thursday, October 20. FBR Capital has “Mkt Perform” rating and $15 price target. Boenning & Scattergood downgraded Fulton Financial Corp (NASDAQ:FULT) on Thursday, April 21 to “Neutral” rating. The firm has “Buy” rating given on Thursday, January 21 by Guggenheim. On Wednesday, October 21 the stock rating was upgraded by Boenning & Scattergood to “Outperform”. The stock has “Outperform” rating given by Hovde Group on Monday, September 12. The company was initiated on Wednesday, November 18 by JP Morgan. The stock of Fulton Financial Corp (NASDAQ:FULT) earned “Market Perform” rating by Hovde Group on Friday, November 18. The firm has “Hold” rating by Guggenheim given on Monday, March 7. Keefe Bruyette & Woods maintained Fulton Financial Corp (NASDAQ:FULT) rating on Thursday, October 22. Keefe Bruyette & Woods has “Market Perform” rating and $13 price target.
Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.42, from 1.41 in 2016Q1. The ratio fall, as 16 funds sold all Fulton Financial Corp shares owned while 55 reduced positions. 22 funds bought stakes while 78 increased positions. They now own 101.51 million shares or 2.50% more from 99.03 million shares in 2016Q1.
Diam Company last reported 0.01% of its portfolio in the stock. Royal Bank & Trust Of Canada has 0% invested in the company for 178,734 shares. Clark Cap Gru Inc has 0.78% invested in the company for 896,689 shares. Archford Strategies Limited Co last reported 28 shares in the company. Balyasny Asset Llc accumulated 352,471 shares or 0.03% of the stock. The Pennsylvania-based Logan Capital Mngmt Inc has invested 0.25% in Fulton Financial Corp (NASDAQ:FULT). Moreover, Fulton Commercial Bank Na has 2.38% invested in Fulton Financial Corp (NASDAQ:FULT) for 1.80M shares. Boston Private Wealth Ltd Co holds 17,816 shares or 0.01% of its portfolio. Mutual Of America Capital Mngmt Ltd Llc has invested 0.04% of its portfolio in Fulton Financial Corp (NASDAQ:FULT). Bank Of New York Mellon Corporation owns 3.61M shares or 0.01% of their US portfolio. C M Bidwell And Assocs Limited holds 0.02% of its portfolio in Fulton Financial Corp (NASDAQ:FULT) for 5,775 shares. Moreover, Voya Inv Limited Company has 0% invested in Fulton Financial Corp (NASDAQ:FULT) for 62,505 shares. Texas Permanent School Fund has 0.02% invested in the company for 132,636 shares. Wagner Bowman Management owns 11,878 shares or 0.06% of their US portfolio. Allianz Asset Management Ag owns 159,732 shares or 0% of their US portfolio.
Insider Transactions: Since June 21, 2016, the stock had 1 buy, and 14 insider sales for $2.77 million net activity. 8,876 shares were sold by Wenger E Philip, worth $137,771. 4,179 shares with value of $69,162 were sold by Mueller Meg R on Thursday, November 10. Chivinski Beth Ann L sold $187,879 worth of stock. Roda Craig A sold $174,240 worth of stock or 9,844 shares. $213,528 worth of Fulton Financial Corp (NASDAQ:FULT) was sold by DePorter Michael J on Tuesday, June 21. Sargent Angela M sold $265,916 worth of stock or 15,192 shares. Shares for $135,662 were bought by MOXLEY JAMES R III on Wednesday, July 27.
The stock decreased 0.56% or $0.1 during the last trading session, hitting $17.75. About 792,069 shares traded hands. Fulton Financial Corp (NASDAQ:FULT) has risen 25.53% since April 26, 2016 and is uptrending. It has outperformed by 20.27% the S&P500.
Fulton Financial Corporation is a multi-bank financial holding company. The company has a market cap of $3.01 billion. The Firm provides a range of banking and financial services to businesses and clients through its banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. It has a 19.59 P/E ratio. The Company, through its banking subsidiaries, offers a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
According to Zacks Investment Research, “Fulton Financial Corp. is a bank holding company. It provides retail and commercial banking and investment management and trust services in central and eastern Pennsylvania, southern New Jersey, northern Maryland and southern Delaware through its wholly-owned subsidiaries: Fulton Bank, Lebanon Valley Farmers Bank, Swineford National Bank, Lafayette Ambassador Bank, FNB Bank, N.A., Great Valley Bank, Hagerstown Trust Company, Delaware National Bank, The Bank of Gloucester County, The Woodstown National Bank & Trust Company, and The Peoples Bank of Elkton.”
Analysts await Fulton Financial Corp (NASDAQ:FULT) to report earnings on January, 17. They expect $0.24 earnings per share, up 9.09% or $0.02 from last year’s $0.22 per share. FULT’s profit will be $40.70M for 18.49 P/E if the $0.24 EPS becomes a reality. After $0.24 actual earnings per share reported by Fulton Financial Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Fulton Financial Corporation, incorporated on February 8, 1982, is a multi-bank financial holding company. The Firm provides a range of banking and financial services to businesses and clients through its banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. The Company, through its banking subsidiaries, offers a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Linda Rogers