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Fifth Third Bancorp sees significant stake increases from major investors, buoying its stock.
Several investment firms have recently increased their stakes in Fifth Third Bancorp, including Cinctive Capital Management LP, which raised its holdings by 191.7% to own 256,186 shares, and Franklin Resources Inc., which increased its shares by 5.2% to 5,763,716.
The company, a financial services provider with a market cap of $26.01 billion, has seen its stock price fluctuate between $33.82 and $49.07 over the past year.
Analysts currently rate the stock as "Hold" with a target price of $47.50.
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Quinto Tercer Bancorp ve un aumento significativo de la participación de los principales inversores, lo que aumenta su stock.