First Commonwealth Financial Co. (NYSE:FCF) Shares Acquired by Waldron Private Wealth LLC
From MarketBeat:
Waldron Private Wealth LLC increased its position in First Commonwealth Financial Co. (NYSE:FCF – Free Report) by 10,699.1% during the third quarter, with 1,204,858 shares worth $14,711,000. The bank’s stock is the 28th biggest position in their investment portfolio, making up about 0.8% of it.
Research analysts recently weighed in on First Commonwealth Financial, with Royal Bank of Canada cutting their target price on the stock from $15.00 to $14.00 and setting an “outperform” rating on the stock.
First Commonwealth Financial stock traded down 0.3% hitting $14.83 during midday trading on Friday. The stock has a market cap of $1.51 billion and a P/E ratio of 10.02 with a beta of 0.91. The company’s current ratio is 0.93.
First Commonwealth Financial Co. (NYSE:FCF – Get Free Report) last posted its earnings results on Tuesday, October 24th. The bank reported a net margin of 25.57% and a return on equity of 13.85%. Research analysts predict that First Commonwealth Financial Co. will post 1.65 EPS for the current year.
First Commonwealth Financial Corporation announced a quarterly dividend, with a dividend yield of 3.37%. The ex-dividend date was Thursday, November 2nd.
EVP Carrie L. Riggle sold 7,563 shares of First Commonwealth Financial stock in a transaction that occurred on Friday, November 3rd, for a total value of $99,907.23.
MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and First Commonwealth Financial wasn’t on the list.
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