Hedge funds and institutional investors boost stakes in Fifth Third Bancorp despite mixed ratings.
Several hedge funds and institutional investors have increased their stakes in Fifth Third Bancorp, despite some reductions. The company, with a market cap of $29.62 billion, has seen mixed analyst ratings, resulting in a consensus "Hold" rating with a $46.75 price target. Fifth Third Bancorp declared a quarterly dividend of $0.37, offering a 3.35% yield. The company operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.
2 months ago
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