Fulton Financial Corp. (NASDAQ:FULT) – Research analysts at Jefferies Group issued their Q1 2017 EPS estimates for shares of Fulton Financial Corp. in a research note issued to investors on Tuesday. Jefferies Group analyst C. Haire anticipates that the brokerage will earn $0.21 per share for the quarter. Jefferies Group also issued estimates for Fulton Financial Corp.’s Q2 2017 earnings at $0.22 EPS, Q3 2017 earnings at $0.24 EPS, Q4 2017 earnings at $0.24 EPS, FY2017 earnings at $0.91 EPS and FY2018 earnings at $0.98 EPS.

A number of other research firms also recently weighed in on FULT. Zacks Investment Research downgraded shares of Fulton Financial Corp. from a “hold” rating to a “sell” rating in a research report on Thursday. Hovde Group initiated coverage on shares of Fulton Financial Corp. in a research report on Monday, September 12th. They issued an “outperform” rating and a $16.00 target price on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Fulton Financial Corp. in a research report on Wednesday. Finally, FBR & Co reaffirmed a “hold” rating on shares of Fulton Financial Corp. in a research report on Wednesday, July 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $14.25.

Earnings History and Estimates for Fulton Financial Corp. (NASDAQ:FULT)

Shares of Fulton Financial Corp. (NASDAQ:FULT) traded up 1.13% during mid-day trading on Thursday, reaching $14.32. 81,889 shares of the company’s stock traded hands. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 16.50 and a beta of 1.19. Fulton Financial Corp. has a 12-month low of $11.48 and a 12-month high of $14.86. The firm’s 50 day moving average price is $14.43 and its 200-day moving average price is $13.89.

Fulton Financial Corp. (NASDAQ:FULT) last announced its quarterly earnings data on Tuesday, July 19th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. Fulton Financial Corp. had a net margin of 19.52% and a return on equity of 7.31%.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.82%. The ex-dividend date is Wednesday, September 28th. Fulton Financial Corp.’s dividend payout ratio (DPR) is 45.98%.

In related news, COO Philmer H. Rohrbaugh bought 14,000 shares of the stock in a transaction on Tuesday, August 16th. The shares were acquired at an average price of $13.96 per share, for a total transaction of $195,440.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James R. Moxley III bought 9,896 shares of the stock in a transaction on Wednesday, July 27th. The shares were bought at an average price of $13.71 per share, for a total transaction of $135,674.16. The disclosure for this purchase can be found here. Corporate insiders own 0.75% of the company’s stock.

A number of institutional investors have recently bought and sold shares of FULT. Victory Capital Management Inc. boosted its position in Fulton Financial Corp. by 77.3% in the second quarter. Victory Capital Management Inc. now owns 7,989 shares of the company’s stock valued at $108,000 after buying an additional 3,484 shares in the last quarter. Sei Investments Co. boosted its position in shares of Fulton Financial Corp. by 33,879.3% in the second quarter. Sei Investments Co. now owns 9,854 shares of the company’s stock valued at $133,000 after buying an additional 9,825 shares during the period. LS Investment Advisors LLC boosted its position in shares of Fulton Financial Corp. by 76.7% in the second quarter. LS Investment Advisors LLC now owns 10,458 shares of the company’s stock valued at $141,000 after buying an additional 4,538 shares during the period. SevenBridge Financial Group LLC acquired a new position in shares of Fulton Financial Corp. during the second quarter valued at $154,000. Finally, Wagner Bowman Management Corp boosted its position in shares of Fulton Financial Corp. by 0.6% in the second quarter. Wagner Bowman Management Corp now owns 11,878 shares of the company’s stock valued at $160,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 59.12% of the company’s stock.

Fulton Financial Corp. Company Profile

Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A.

5 Day Chart for NASDAQ:FULT

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