Seizert Capital Partners LLC Position in Fifth Third Bancorp Com (FITB) Lowered as Share Price Declined

July 14, 2018 - By Darrell Taylor

Fifth Third Bancorp (NASDAQ:FITB) LogoInvestors sentiment decreased to 0.72 in Q1 2018. Its down 0.26, from 0.98 in 2017Q4. It fall, as 35 investors sold FITB shares while 238 reduced holdings. 56 funds opened positions while 141 raised stakes. 547.18 million shares or 2.75% less from 562.64 million shares in 2017Q4 were reported. Spectrum Gru invested in 62 shares or 0% of the stock. Loomis Sayles And Com LP reported 552,767 shares. Savant Cap Ltd reported 17,052 shares. Argi Investment Svcs Ltd Liability owns 0.02% invested in Fifth Third Bancorp (NASDAQ:FITB) for 10,047 shares. Regions Fincl Corp stated it has 0% in Fifth Third Bancorp (NASDAQ:FITB). Brandywine Global Mgmt Ltd stated it has 0.19% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB). Rafferty Asset Management Ltd Company invested in 0.09% or 194,656 shares. Kepos LP invested 0.23% in Fifth Third Bancorp (NASDAQ:FITB). New Mexico Educational Retirement Board holds 0.08% or 67,230 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) Limited holds 51,560 shares. 10,727 are owned by Raymond James Na. Ww Asset Management has 0.06% invested in Fifth Third Bancorp (NASDAQ:FITB). Hightower Advsr Llc holds 111,127 shares or 0.03% of its portfolio. Dreman Value L L C, Florida-based fund reported 17,049 shares. Lazard Asset Management Ltd owns 48,895 shares for 0% of their portfolio.

Since February 5, 2018, it had 0 insider buys, and 11 selling transactions for $6.84 million activity. McWilliams Jelena sold 568 shares worth $19,218. Hoover Jewell D sold $119,895 worth of stock. Forrest Frank R. sold $960,780 worth of stock or 29,508 shares. $1.18M worth of Fifth Third Bancorp (NASDAQ:FITB) was sold by Leonard James C.. Another trade for 16,485 shares valued at $530,570 was made by ANDERSON LARS C on Tuesday, February 13. 3,000 Fifth Third Bancorp (NASDAQ:FITB) shares with value of $100,316 were sold by BRUMBACK EMERSON L.

Seizert Capital Partners Llc decreased its stake in Fifth Third Bancorp Com (FITB) by 12.57% based on its latest 2018Q1 regulatory filing with the SEC. Seizert Capital Partners Llc sold 415,114 shares as the company’s stock declined 7.11% with the market. The institutional investor held 2.89M shares of the major banks company at the end of 2018Q1, valued at $91.66 million, down from 3.30M at the end of the previous reported quarter. Seizert Capital Partners Llc who had been investing in Fifth Third Bancorp Com for a number of months, seems to be less bullish one the $19.72 billion market cap company. The stock decreased 1.09% or $0.32 during the last trading session, reaching $29.09. About 4.40 million shares traded. Fifth Third Bancorp (NASDAQ:FITB) has risen 28.16% since July 14, 2017 and is uptrending. It has outperformed by 15.59% the S&P500.

Seizert Capital Partners Llc, which manages about $4.45B and $2.75B US Long portfolio, upped its stake in Liberty Media Corp Delaware Co by 142,497 shares to 2.98M shares, valued at $121.67 million in 2018Q1, according to the filing. It also increased its holding in Western Digital Corp Com (NASDAQ:WDC) by 59,584 shares in the quarter, for a total of 954,678 shares, and has risen its stake in Edgewell Pers Care Co Com.

Analysts await Fifth Third Bancorp (NASDAQ:FITB) to report earnings on July, 19 before the open. They expect $0.57 earnings per share, up 23.91 % or $0.11 from last year’s $0.46 per share. FITB’s profit will be $386.42M for 12.76 P/E if the $0.57 EPS becomes a reality. After $0.57 actual earnings per share reported by Fifth Third Bancorp for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Another recent and important Fifth Third Bancorp (NASDAQ:FITB) news was published by Seekingalpha.com which published an article titled: “Fifth Third will have to resubmit CCAR for MB Financial buy; allowed to execute on current plan” on June 28, 2018.

Fifth Third Bancorp (NASDAQ:FITB) Ratings Coverage

Among 13 analysts covering Fifth Third Bancorp (NASDAQ:FITB), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Fifth Third Bancorp has $37.0 highest and $3200 lowest target. $34.65’s average target is 19.11% above currents $29.09 stock price. Fifth Third Bancorp had 20 analyst reports since January 24, 2018 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, January 23. The stock of Fifth Third Bancorp (NASDAQ:FITB) has “Neutral” rating given on Wednesday, April 25 by Nomura. Morgan Stanley maintained Fifth Third Bancorp (NASDAQ:FITB) rating on Friday, January 26. Morgan Stanley has “Equal-Weight” rating and $35 target. Bank of America maintained it with “Neutral” rating and $35 target in Wednesday, January 24 report. Nomura downgraded the stock to “Reduce” rating in Monday, May 21 report. The stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Hold” rating by Macquarie Research on Tuesday, May 22. The rating was maintained by Susquehanna on Tuesday, January 23 with “Hold”. The firm has “Hold” rating given on Tuesday, May 22 by Robert W. Baird. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 4. Jefferies maintained the stock with “Hold” rating in Wednesday, April 4 report.

Fifth Third Bancorp (NASDAQ:FITB) Institutional Positions Chart

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