Fulton Financial Corp. (NASDAQ:FULT) EVP Angela M. Sargent sold 15,192 shares of the company’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $17.50, for a total value of $265,860.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Fulton Financial Corp. (NASDAQ:FULT) opened at 17.55 on Thursday. Fulton Financial Corp. has a one year low of $11.48 and a one year high of $17.98. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 19.29 and a beta of 0.96. The stock’s 50 day moving average price is $15.02 and its 200-day moving average price is $14.17.

Fulton Financial Corp. (NASDAQ:FULT) last announced its quarterly earnings data on Tuesday, October 18th. The company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. Fulton Financial Corp. had a return on equity of 7.57% and a net margin of 20.23%. The company had revenue of $130.57 million for the quarter, compared to analyst estimates of $136.49 million. During the same quarter last year, the firm earned $0.20 EPS. Fulton Financial Corp.’s revenue for the quarter was down 23.4% compared to the same quarter last year. On average, equities research analysts anticipate that Fulton Financial Corp. will post $0.93 earnings per share for the current fiscal year.

Several brokerages have weighed in on FULT. Zacks Investment Research raised Fulton Financial Corp. from a “sell” rating to a “hold” rating and set a $17.00 target price on the stock in a research report on Friday, October 21st. FBR & Co increased their target price on Fulton Financial Corp. from $14.00 to $15.00 and gave the stock a “mkt perform” rating in a research report on Thursday, October 20th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Fulton Financial Corp. in a research report on Wednesday, October 12th. Finally, Hovde Group began coverage on 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. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $15.00.

Several hedge funds have recently made changes to their positions in FULT. Advisor Group Inc. raised its stake in shares of Fulton Financial Corp. by 17.9% in the third quarter. Advisor Group Inc. now owns 6,927 shares of the company’s stock valued at $100,000 after buying an additional 1,053 shares during the last quarter. Riverhead Capital Management LLC raised its stake in shares of Fulton Financial Corp. by 271.0% in the third quarter. Riverhead Capital Management LLC now owns 7,100 shares of the company’s stock valued at $103,000 after buying an additional 5,186 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of 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. raised its stake 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 in the last quarter. Finally, LS Investment Advisors LLC raised its stake 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 in the last quarter. 59.02% of the stock is currently owned by institutional investors.

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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