Fuller Thaler Asset Management Lowers stake in First Niagara Financial Group (FNFG)

First Niagara Financial Group (FNFG) : Fuller Thaler Asset Management reduced its stake in First Niagara Financial Group by 7.56% during the most recent quarter end. The investment management company now holds a total of 10,405,037 shares of First Niagara Financial Group which is valued at $105 Million after selling 851,048 shares in First Niagara Financial Group , the firm said in a disclosure report filed with the SEC on May 12, 2016.First Niagara Financial Group makes up approximately 2.07% of Fuller Thaler Asset Management’s portfolio.

Other Hedge Funds, Including , Group One Trading added FNFG to its portfolio by purchasing 54,332 company shares during the most recent quarter which is valued at $548,210. First Niagara Financial Group makes up approx 0.06% of Group One Trading’s portfolio.Keybank National Associationoh boosted its stake in FNFG in the latest quarter, The investment management firm added 676 additional shares and now holds a total of 16,445 shares of First Niagara Financial Group which is valued at $165,930.Gamco Investors Et Al reduced its stake in FNFG by selling 1,900 shares or 0.27% in the most recent quarter. The Hedge Fund company now holds 709,810 shares of FNFG which is valued at $7.2 Million. First Niagara Financial Group makes up approx 0.05% of Gamco Investors Et Al’s portfolio.Flippin Bruce Porter Inc boosted its stake in FNFG in the latest quarter, The investment management firm added 18,700 additional shares and now holds a total of 207,175 shares of First Niagara Financial Group which is valued at $2.1 Million. First Niagara Financial Group makes up approx 0.67% of Flippin Bruce Porter Inc’s portfolio.Commonwealth Equity Services Inc reduced its stake in FNFG by selling 1,531 shares or 3.61% in the most recent quarter. The Hedge Fund company now holds 40,849 shares of FNFG which is valued at $431,365.

First Niagara Financial Group opened for trading at $10.61 and hit $10.76 on the upside on Friday, eventually ending the session at $10.67, with a gain of 0.76% or 0.08 points. The heightened volatility saw the trading volume jump to 18,88,913 shares. Company has a market cap of $3,787 M.

On the company’s financial health, First Niagara Financial Group reported $0.14 EPS for the quarter, based on the information available during the earnings call on Apr 29, 2016. Analyst had a consensus estimate of $0.14.Analysts expectations of $ 351.18.During the same quarter in the previous year, the company posted $0.15 EPS.

First Niagara Financial Group Inc. is a bank holding company. The Company provides a range of retail and commercial banking as well as other financial services through its wholly owned bank subsidiary First Niagara Bank N.A. (the Bank). The Bank is a nationally chartered regional bank providing financial services to individuals families and businesses. The Bank provides its retail consumer and business customers with banking services including residential and commercial real estate loans commercial business loans consumer loans wealth management products as well as retail and commercial deposit products. Additionally it offers insurance services through a wholly owned subsidiary of the Bank. The Bank operates through approximately 411 branches and several financial services subsidiaries.

Leave a Reply

First Niagara Financial Group - Is it time to Sell?

Top Brokerage Firms are advising their investors on First Niagara Financial Group. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.