Fulton Financial posts 13.4% increase in Q1 net profits


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.

On 11/22/2016 Greg D. Kim, Insider, sold 3,000 with an average share price of $31.40 per share and the total transaction amounting to $94,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional investors have recently bought and sold shares of the stock. Mutual of America Capital Management LLC boosted its position in shares of Hanmi Financial Corp by 0.5% in the third quarter. Capstone Asset Management Co. now owns 14,429 shares of the bank's stock valued at $380,000 after buying an additional 87 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Hanmi Financial Corp by 1.5% in the first quarter. BlackRock Advisors LLC now owns 5,712 shares of the company's stock valued at $209,000 after buying an additional 118 shares during the last quarter. Bank of Montreal Can increased its position in shares of Fulton Financial Corp by 1.3% in the first quarter. Pacad Investment Ltd. raised its stake in shares of Fulton Financial Corp by 315.0% in the fourth quarter. Boston Partners now owns 1,301,724 shares of the company's stock valued at $51,131,000 after buying an additional 59,527 shares during the period. Finally, American Asset Management Inc. purchased a new position in shares of Regions Financial Corp during the third quarter valued at about $139,000. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Shares of First American Financial Corp (NYSE:FAF) opened at 38.29 on Tuesday.

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Another critical number in evaluating a stock is P/E or the price to earnings ratio. The company has a 50-day moving average of $50.65 and a 200 day moving average of $43.67. First Financial Corporation Indiana has a 52-week low of 33.58 and a 52-week high of 53.49.

Fulton Financial Corp (NASDAQ:FULT) last posted its quarterly earnings data on Tuesday, April 18th.

First Commonwealth Financial Corporation (NYSE:FCF) last session's volume of 0.64 million shares was higher than its average volume of 0.4 million shares. The company had revenue of $183.15 million for the quarter, compared to analyst estimates of $184.36 million. First American Financial Corp had a return on equity of 12.08% and a net margin of 6.15%. The bank reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01.

Fulton Financial shares have dropped almost 8 percent since the beginning of the year. Stockholders of record on Friday, March 10th were issued a $0.065 dividend.

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On 7/28/2016 Hanmi Financial Corp announced a quarterly dividend of $0.19 3.1% with an ex dividend date of 8/4/2016 which will be payable on 8/23/2016. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.45%. First American Financial Corp's revenue for the quarter was up 10.9% on a year-over-year basis. The research firm Upgrade the stock to Buy.

Separately, Zacks Investment Research downgraded shares of First American Financial Corp from a "hold" rating to a "sell" rating in a report on Friday, February 10th. KeyBanc Capital Markets downgraded the stock to "Sector Weight" rating in Monday, October 17 report. Out of 2 Wall Street analysts rating Icahn Enterprises LP, 1 give it "Buy", 1 "Sell" rating, while 0 recommend "Hold". The company presently has an average rating of "Buy" and an average target price of $32.20.

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First Financial Corporation is a financial holding company.

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Today, FBR & Co lowered its price target on Hanmi Financial Corp (NASDAQ:HAFC) to $34.00 per share.