Fulton Financial Corp Director Acquires 2,590 Shares (FULT)
Fulton Financial Corp (NASDAQ:FULT) Director Ernest J. Waters bought 2,590 shares of Fulton Financial Corp stock in a transaction dated Wednesday, August 27th. The stock was purchased at an average cost of $11.53 per share, with a total value of $29,862.70. Following the completion of the transaction, the director now directly owns 7,281 shares of the company’s stock, valued at approximately $83,950. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of Fulton Financial Corp from a “neutral” rating to an “underperform” rating in a research note on Friday, July 25th. They now have a $10.80 price target on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $13.36.
Fulton Financial Corp (NASDAQ:FULT) traded down 0.61% during mid-day trading on Thursday, hitting $11.44. The stock had a trading volume of 540,588 shares. Fulton Financial Corp has a 1-year low of $11.05 and a 1-year high of $13.40. The stock’s 50-day moving average is $11.54 and its 200-day moving average is $12.12. The company has a market cap of $2.148 billion and a P/E ratio of 13.54.
Fulton Financial Corp (NASDAQ:FULT) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. During the same quarter in the previous year, the company posted $0.21 earnings per share. On average, analysts predict that Fulton Financial Corp will post $0.84 earnings per share for the current fiscal year.
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.
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