Fulton Financial Corp (FULT) : Kestrel Investment Management Corp reduced its stake in Fulton Financial Corp by 10.97% during the most recent quarter end. The investment management company now holds a total of 646,200 shares of Fulton Financial Corp which is valued at $8,911,098 after selling 79,600 shares in Fulton Financial Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Fulton Financial Corp makes up approximately 3.41% of Kestrel Investment Management Corp’s portfolio.
Other Hedge Funds, Including , Pacad Investment Ltd. added FULT to its portfolio by purchasing 3,900 company shares during the most recent quarter which is valued at $53,781. Fulton Financial Corp makes up approx 0.01% of Pacad Investment Ltd.’s portfolio.Ubs Asset Management Americas Inc boosted its stake in FULT in the latest quarter, The investment management firm added 1,657 additional shares and now holds a total of 157,041 shares of Fulton Financial Corp which is valued at $2,167,166.California State Teachers Retirement System reduced its stake in FULT by selling 14,069 shares or 3.75% in the most recent quarter. The Hedge Fund company now holds 361,282 shares of FULT which is valued at $4,927,886. Fulton Financial Corp makes up approx 0.01% of California State Teachers Retirement System’s portfolio.
Fulton Financial Corp opened for trading at $14.14 and hit $14.175 on the upside on Tuesday, eventually ending the session at $14.11, with a gain of 0.36% or 0.05 points. The heightened volatility saw the trading volume jump to 4,51,767 shares. Company has a market cap of $2,442 M.
On the company’s financial health, Fulton Financial Corp reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.22.Analysts expectations of $ 176.37.During the same quarter in the previous year, the company posted $0.21 EPS.
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 six wholly owned banking subsidiaries: Fulton Bank N.A. Fulton Bank of New Jersey The Columbia Bank Lafayette Ambassador Bank FNB Bank N.A. and Swineford National Bank. In addition the Company owns the non-bank subsidiaries such as Fulton Reinsurance Company LTD Fulton Financial Realty Company Central Pennsylvania Financial Corp. FFC Management Inc. FFC Penn Square Inc. and Fulton Insurance Services Group Inc. The Company offers through its banking subsidiaries a range of retail and commercial banking services in Pennsylvania Delaware Maryland New Jersey and Virginia.