Meeder Asset Management INC Increased Its Fifth Third Bancorp (FITB) Stake by $5.17 Million as Shares Rose

April 16, 2018 - By Benjamin Allen

Fifth Third Bancorp (NASDAQ:FITB) Corporate LogoBig Money Sentiment increased to 0.98 in 2017 Q4. It has change of 0.33, from 2017Q3’s 0.65. The ratio increased due to FITB positioning: 29 sold and 210 reduced. 74 funds acquired holdings and 161 increased holdings. Investors holded 575.67 million in 2017Q3 but now own 562.64 million shares or 2.26% less. Charter Tru holds 0.03% of its capital in Fifth Third Bancorp (NASDAQ:FITB) for 7,208 shs. Barrow Hanley Mewhinney & Strauss Ltd Liability Corporation holds 0.28% or 6.11 million shs. Dekabank Deutsche Girozentrale has 66,803 shs for 0.01% of their capital. New York-based D E Shaw has invested 0.08% in Fifth Third Bancorp (NASDAQ:FITB). Westpac Bk Corporation reported 46,536 shs. Prudential Pcl has invested 0.08% in Fifth Third Bancorp (NASDAQ:FITB). Olstein Cap LP invested 0.66% in Fifth Third Bancorp (NASDAQ:FITB). Highbridge Capital Mngmt Ltd invested in 0.01% or 10,937 shs. Gotham Asset Mngmt Limited Liability Corporation accumulated 10,716 shs. Axa holds 0.02% or 151,109 shs in its capital. Bridgeway Mngmt Inc holds 0.63% or 1.91 million shs. Busey Tru has invested 0.03% in Fifth Third Bancorp (NASDAQ:FITB). Ahl Partners Limited Liability Partnership accumulated 0.02% or 40,191 shs. Massachusetts-based Acadian Asset Mgmt has invested 0% in Fifth Third Bancorp (NASDAQ:FITB). Bp Public Limited Company holds 88,000 shs or 0.09% of its capital.

FITB had 12 selling transactions and 0 insider buys since October 26, 2017. This’s net activity of $7.27 million. On Friday, March 16 McWilliams Jelena sold $19,218 worth of Fifth Third Bancorp (NASDAQ:FITB). Leonard James C. sold $1.18 million worth of Fifth Third Bancorp (NASDAQ:FITB) or 35,000 shs on Wednesday, February 21. Hoover Jewell D sold 3,700 shs worth $119,895. Another trade for 15,000 shs valued at $432,900 was made by Spence Timothy on Thursday, October 26. Hazel Mark D also sold $644,747 worth of Fifth Third Bancorp (NASDAQ:FITB) on Monday, February 26. Forrest Frank R. sold $960,780 worth of stock or 29,508 shs.

According to 2017Q4 SEC form the Meeder Asset Management Inc rose its holdings in Fifth Third Bancorp (FITB) by 1339.91%. 172,218 shares were bought by Meeder Asset Management Inc as the company’s stock rose 1.62% while stock markets declined. The major banks company reported $5.62M value for the 2017Q4. Now the institutional investor is holding 185,071 shares, compared to the 12,853 from the previous quarter. For a total of 27,449 shares it reduced its holding in Texas Instruments (NASDAQ:TXN) by 35,091 shares in the quarter, and has cut its stake in S&P Global Inc..

Fifth Third Bancorp (NASDAQ:FITB) Ratings Coverage

Total analysts of 15 have positions in Fifth Third Bancorp (NASDAQ:FITB) as follows: 2 rated it a “Buy”, 2 with “Sell” and 11 with “Hold”. The positive are 13%. Since October 24, 2017 according to StockzIntelligence Inc Fifth Third Bancorp has 29 analyst reports. On Wednesday, January 24 the company was maintained by RBC Capital Markets. On Friday, January 26 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Wednesday, December 13 the company was maintained by Morgan Stanley. On Tuesday, January 23 the firm earned “Hold” rating by Susquehanna. On Wednesday, January 24 the rating was maintained by Bank of America with “Neutral”. On Tuesday, January 23 Sandler O’Neill maintained Fifth Third Bancorp (NASDAQ:FITB) rating. Sandler O’Neill has “Hold” rating and $34.0 target. On Monday, December 18 the stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Hold” rating by BMO Capital Markets. On Thursday, December 21 Keefe Bruyette & Woods maintained the shares of FITB in report with “Hold” rating. On Friday, December 8 BMO Capital Markets maintained the shares of FITB in report with “Hold” rating. On Friday, November 17 Macquarie Research downgraded Fifth Third Bancorp (NASDAQ:FITB) to “Underperform” rating.

Fifth Third Bancorp (NASDAQ:FITB) Institutional Investors Chart

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: