learningandfinance.com


Business

Fulton Financial Corp (FULT) Sees Significant Increase in Short Interest

Share
Fulton Financial (FULT) Reaches $17.88 After 8.00% Gap Up; Quaker Capital Investments Has Decreased Chemtura (CHMT) Position

Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable.

The share price of the company (NASDAQ:HAFC) was down -1.06%, with a high of 28.70 during the day and the volume of Hanmi Financial Corporation shares traded was 184131.

The bank, based in Lancaster, Pennsylvania, said it had earnings of 25 cents per share.

RF has been the topic of several recent analyst reports.

First American Financial Corp (FAF) formed inverse H&S with $41.74 target or 9.00% above today's $38.29 share price. Barclays Capital downgraded Fulton Financial Corp (NASDAQ:FULT) on Tuesday, December 6 to "Underweight" rating.

Fulton Financial Corp (NASDAQ:FULT)'s stock had its "hold" rating reissued by Keefe, Bruyette & Woods in a research report issued to clients and investors on Thursday.

Fulton Financial Corp (NASDAQ:FULT) opened at 17.35 on Wednesday.

Separately, Zacks Investment Research raised shares of First Financial Corporation Indiana from a "hold" rating to a "buy" rating and set a $45.00 price target on the stock in a report on Wednesday, November 2nd.

How Dani Alves consoled Neymar after Champions League exit
Keane went on to praise Juve's outstanding defence, which is yet to concede a goal from open play in the competition this year. Lionel Messi missed a string of opportunities as just one of their shots registered on target.

Tillerson: Iran nuclear agreement fails to ensure non-nuclear Iran
The administration also said that it has extended the sanctions relief to Iran in exchange for the country to continue curbs on its nuclear programme.

Verizon Results Miss Wall Street Estimates as It Loses Subscribers
Baldwin Inv Mgmt Ltd Company holds 0.25% or 11,668 shares. (NYSE:VZ) had their rating indicated by analysts at Barclays Capital. TRADEMARK VIOLATION NOTICE: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem.

Based on the latest brokerage notes which have been released to investors, 2 brokers have issued a rating of "strong buy", 1 brokers "buy", 3 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". They now have a Dollars 34 price target on the stock. $3.98M worth of First American Financial Corp (NYSE:FAF) was sold by GILMORE DENNIS J. The stock has a market capitalization of $16.10 billion, a P/E ratio of 15.29 and a beta of 1.37.

Regions Financial Corporation (RF) closed 9.94% above its 200-day moving average and is -9.86% below another chart threshold, its 50-day moving average. Regions Financial Corp has a one year low of $7.80 and a one year high of $16.03.

Fulton Financial Corp (NASDAQ:FULT) last announced its earnings results on Tuesday, April 18th. The bank reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. The company reported revenue of $1.41 Billion in the same period past year. This is an increase from Fulton Financial Corp's previous quarterly dividend of $0.10.

The number of shares traded in the last trading session was 29.15 Million. This is a positive change from Fulton Financial Corp's previous quarterly dividend of $0.10. Earnings per share of 25 cents were 2 cents higher than the average estimate of analysts compiled by FactSet Research Systems.

On 10/27/2016 Hanmi Financial Corp announced a quarterly dividend of $0.19 3.12% with an ex dividend date of 11/4/2016 which will be payable on 11/23/2016. Fulton Financial Corp. had 14 analyst reports since July 24, 2015 according to SRatingsIntel. The most recent short interest data show 2.36% of the company's stock are short sold.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 9.88%, and has a poor year to date (YTD) performance of -6.57% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Riverhead Capital Management LLC now owns 7,100 shares of the bank's stock worth $103,000 after buying an additional 5,186 shares during the last quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The stock was sold at an average price of $14.52, for a total value of $624,360.00. Following the transaction, the executive vice president now directly owns 240,659 shares in the company, valued at approximately $3,523,247.76. Moreover, Horizon Kinetics Llc has 5.76% invested in the company for 2.98 million shares. Corporate insiders own 0.75% of the company's stock.

COPYRIGHT VIOLATION WARNING: This story was originally posted by BBNS and is owned by of BBNS. If you are viewing this report on another site, it was illegally stolen and republished in violation of USA & global copyright laws.

Regions Financial Corporation (RF) belongs to the "Financial" sector with an industry focus on "Regional - Southeast Banks", with Mr. O. B. Grayson Hall Jr.as Chairman, Chief Exec. Officer, Pres, Chairman of Regions Bank, Chief Exec. Officer of Regions Bank and Pres of Regions Bank.

Share